All articles tagged with #furniture company
Furniture company Mitchell Gold + Bob Williams, founded in 1989, recently filed for bankruptcy, resulting in the disappearance of $50 million in customer deposits. The once successful American company's financial collapse has left many questioning what led to its downfall.
A three-alarm fire broke out at an industrial building in Commerce, Los Angeles, which appears to be a furniture company. The cause of the fire is under investigation, and no injuries have been reported. Firefighters are struggling to extinguish the blaze and are letting it burn itself out.
Andi Owen, CEO of furniture company MillerKnoll, told employees asking about bonuses to focus on achieving the company's $26 million goal instead of dwelling on not receiving a bonus. Owen, who made $5 million in compensation last year, has been implementing cost-cutting measures and shifting the company's focus to hybrid work environments and online sales in response to pandemic-related disruptions. MillerKnoll recently announced the closure of a manufacturing plant in Wisconsin and layoffs of 162 employees. The company has issued a statement defending Owen's comments.