Displaying items tagged: MillerKnoll Inc
MillerKnoll Inc. and Steelcase Inc. both expect flat to lower sales for the present quarter going into 2023 amid softer order rates.
The office furniture industry’s two largest players expect slower sales but also growth in the near term as employers face an uncertain economy and they reshape their offices to accommodate hybrid work models.
ZEELAND — Despite strong sales in recent months, MillerKnoll Inc. executives forecast slower sales growth in the months ahead and are taking several measures to generate up to $35 million in cost savings.
Against the backdrop of low nationwide home inventories, many homeowners are deciding to hunker down and invest in home repair and remodeling projects.
ZEELAND — Global furniture maker MillerKnoll Inc. has encountered increased demand in its contract and residential business segments, fighting through market pressures to deliver on the influx of orders.
Prior to 2020, Holland-based furniture maker Haworth Inc. had just one or two team members overseeing the company’s entire e-commerce segment.
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