Bestar, Bush now eSolutions furniture group

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Tuesday, 08 June, 2021

SHERBROOKE, Quebec – Bestar and Bush Furniture Industries have a new corporate name: eSolutions furniture group.
The company said the new name reflects its plans “to propel the sale of residential and commercial furniture on the international market through cutting-edge e-commerce solutions.”

The rechristening comes just over a year after Bestar purchased Bush. Both companies specialize in the manufacture of ready-to-assemble furniture.

Read full article here: (Woodworking Network)

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Herman Miller retirees organize fundraiser for Community Action House

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Saturday, 05 June, 2021

HOLLAND — Throughout June, a cohort of Herman Miller retirees will rally support for Community Action House.

The fundraiser — “Power of 10: Feed Your Neighbor, Fill Your Heart” — will be supported by Herman Miller Cares, which will provide a dollar-for-dollar match up to $5,000 for all monetary donations received by Community Action House in June.

Read full article here: (Holland Sentinel.Com)

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Office furniture firm lands multimillion-dollar opportunity

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Thursday, 03 June, 2021

Tampa-based Reimagine Office Furnishings’ business model was once predicated on stylishly remanufacturing existing office furniture for corporate clients.

So when the pandemic hit and the world seemed to depart their offices en masse, it was clear the firm needed to shift its focus. The couple at the helm of the business, President Bill Adams and CEO Joni Adams, first began selling screens and brackets that attached to work surfaces and separated nearby cubicles. They’ve since sold over 50,000 screens.

Read full article here: (Business Observer)

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Kimball International HQ nationally recognized for health and safety practices

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Thursday, 03 June, 2021

Kimball International announced today it has earned the WELL Health-Safety Rating for its recently renovated Headquarters Campus in Jasper, Indiana, through the International WELL Building Institute (IWBI™).

The WELL HealthSafety Rating is an evidence-based, third-party-verified rating for all new and existing building and space types. The rating takes into account operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment now and into the future.

Read full article here: (Dubois County Free Press)

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LogiNext reports 300% rise in home office furniture related deliveries

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Thursday, 03 June, 2021

June 3, 2021: The logistics technology firm backed by Tiger Global, LogiNext, shared data that showed an upsurge in the demand for home office furniture (300 percent), living room seating like recliners (50 percent), and beds and mattresses (50 percent).

This demand for home office furniture comes amidst a massive change in consumer buying habits, which have transitioned to online models. Within this space, LogiNext has witnessed an overall 125 percent rise in orders for delivering big and bulky goods since January 2021 alone.

Read full article here: (Indian Transport and Logistics)

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Breakeven On The Horizon For Martela Oyj (HEL:MARAS)

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Thursday, 03 June, 2021

Martela Oyj (HEL:MARAS) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Martela Oyj operates in the office interior industry primarily in Finland, Sweden, Norway, and internationally. With the latest financial year loss of €4.8m and a trailing-twelve-month loss of €3.7m, the €14m market-cap company alleviated its loss by moving closer towards its target of breakeven. Many investors are wondering about the rate at which Martela Oyj will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.

Read full article here: (Simply Wall St)

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Laid-off Flexsteel workers add to their claims of self-dealing by company executives

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Wednesday, 02 June, 2021

A group of former Flexsteel employees who are suing the Iowa-based company for allegedly enriching top executives at the direct expense of laid-off workers have added to their complaint in federal court.

The original complaint that forms the basis of the lawsuit was filed in early March in U.S. District Court for the Northern District of Iowa. The newly amended complaint is a more explicit accounting of how executives allegedly violated their fiduciary duties to the company and its workers.

Read full article here: (Iowa Capital Dispatch)

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Sedus Stoll AG 2020 annual financial statements: Solid profit despite pandemic-related losses in sales

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Tuesday, 01 June, 2021

DOGERN, Germany, June 1, 2021 /PRNewswire/ — With a turnover of EUR 184.0 million, the Sedus Stoll Group faced a total drop in turnover of -12.4% in the first year of the pandemic. Despite all the difficult circumstances, the 2020 business year ended with a solid profit of EUR 2.54 million.

In the 2020 financial year, which was characterised by a series of highs and lows, the incoming orders dropped particularly sharply in the months of March and April. However, with the development of special furniture for the home office and aerosol protection walls to retrofit existing office furnishings, Sedus rapidly and flexibly responded to the new market requirements and was thus able to easily cushion further losses.

Read full article here: (CISION PR Newswire)

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Herman Miller launches new retail website

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Monday, 31 May, 2021

Furniture designer and manufacturer Herman Miller rolled out a new online purchasing experience for its customers.

Zeeland-based Herman Miller (Nasdaq: MLHR) earlier this month unveiled a newly renovated retail website tailor-made for customers looking for a supported and seamless purchasing experience.

Read full article here: (Grand Rapids Business Journal)

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Kimball International announces 10 scholarships

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Saturday, 29 May, 2021

Kimball International announced 10 scholarships were awarded to local students pursuing their higher education.

The Kimball International Scholarships Program awards multiple $2,000 scholarships to high-achieving young women and men each year and is funded by the Kimball International-Habig Foundation. Since the scholarship program was established in 1963, a total of over $3.5 million in scholarship funds have been granted.

Read full article here: (Dubois County Free Press)

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