Furniture maker Steelcase shut down operations for two weeks following ransomware attack

A recent ransomware attack targeting furniture maker Steelcase Inc. caused the company to shut down operations for two weeks according to information the company submitted to the U.S. Securities and Exchange Commission.

In the SEC filing, Steelcase said that it detected a cyberattack on its information technology systems Oct. 22. The company said that implemented a series of containment and remediation measures to address the situation. Those measures included the company “shutting down most of its global order management, manufacturing and distribution systems and operations for approximately two weeks.”

The ransomware attack itself was first reported in the media Oct. 27 and was attributed to the Ryuk ransomware gang. The fact that it was forced to cease nearly all operations for two weeks makes this attack standout from what would usually be yet another ransomware attack.

Steelcase, founded in 1912, is not a small business. The company is listed on

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Furniture customers seeing lengthy shipping delays amid supply disruptions

If you’re waiting on a furniture delivery, you’re not alone. Some customers are reporting delays of four months or more assuming you can find the item you want in stock.

Like everything else, the coronavirus pandemic has complicated distribution for the furniture business, and no one is immune to the problem of supply, demand and disruption.

“This has been a fundamental shock to the system,” says Michael Miller, chief operating officer at Convey, a technology company that helps retailers do better deliveries.

“Our network has over 5 billion shipping events so we track every single data point from when a package leaves a fulfillment center, goes on a truck, goes to all of the different handoffs, and then reaches your door,” Miller added.

Convey supports big, small and specialty retailers. Miller says the disruption in online business is complicated. And while things are getting better amid attempts to rebound and

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Global Furniture Lacquer Market report 2020 – product scope, industry overview, opportunities, risk and driving force

The MarketWatch News Department was not involved in the creation of this content.

Nov 12, 2020 (MarketResearch.biz via Comtex) —
Another useful report named as, Global Furniture Lacquer Market 2020 by Manufacturers, Type and Application, forecast to 2025, as of recently distributed by Marketdesk.us to its information base contains a definite assessment of the market covering portions and sub-segments of the market, item types, applications, industry verticals, regions that are relied upon to order the business during the foreseen period from 2020 to 2025. The Furniture Lacquer market report uncovers the top areas of the world and nations with their provincial advancement status, volume, size, market worth, and value information. With the exact and innovative data about the worldwide industry, organizations can think about the sorts of customers, their requests and inclinations, their viewpoints about the item, their purchasing aims, and their various decisions about the particular item previously existing

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IKEA’s Furniture Buy Back Program Launches Abroad Before Black Friday

We love IKEA furniture for the affordable prices and trendy, minimalist design, but we wouldn’t exactly call all of it heirloom quality. The truth is, after a few years, it’s often time to move on.





© Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images


To keep old pieces out of the landfill, IKEA is launching a new Buy Back program where they will not only take that used dresser off your hands, but give you a partial refund in store credit, too.

According to The New York Times, Buy Back launches in Great Britain on Nov. 24, just before Black Friday, one of the biggest international shopping days of the year. (They’re calling it Green Friday, “making climate change the biggest deal for the planet and your wallet.”) The program will also be available in 26 other countries, including France, Australia, Canada, Italy and Germany — but not the U.S. While it’s

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For office furniture sellers during a pandemic, there’s no place like home

CHICAGO — Before COVID-19 sent most workers home in March, office furniture resellers took orders for dozens, hundreds or even thousands of items at a time.



a group of people standing around a table: Andrew Sobko, right, and Viktor Tkachuk, left foreground, both with CDL 1000, shop for office workstations with the help of Grisell Feliciano, center, a workspace solutions specialist at Office Furniture Center in Chicago on Nov. 4, 2020.


© Jose M. Osorio/Chicago Tribune/TNS
Andrew Sobko, right, and Viktor Tkachuk, left foreground, both with CDL 1000, shop for office workstations with the help of Grisell Feliciano, center, a workspace solutions specialist at Office Furniture Center in Chicago on Nov. 4, 2020.

But in recent months, many of these businesses instead have been besieged by the weary work-from-home masses who are snapping up one refurbished desk and chair at a time, wrestling the goods into their cars and dragging them home.

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It’s one of many examples of business models changing because of the public health crisis, and it’s an indication that office workers are hunkering down for a much longer stint at home than they initially expected when the office market all

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From refurbished furniture to loudspeakers, more companies get serious about circular business models | News | Eco-Business

Announcing the campaign last month, IKEA franchisee Ingka Group—which operates 380 IKEA stores in 31 countries—said buying back furniture is one way it is “transforming to promote and develop circular services and sustainable consumption for customers”.

Only two of the 27 participating countries, Japan and South Korea, are in Asia.

But there are plans to launch a buy-back programme at IKEA’s Bang Yai store in Bangkok by August 2021, said IKEA Southeast Asia’s head of communications Corinna Schuler. Ikano, which owns and operates IKEA stores in Singapore, Malaysia and Thailand, will learn from the Bang Yai experience and “assess possibilities for our other markets moving forward”, Schuler told Eco-Business.

Other companies that recently launched initiatives to promote the circular economy are German loudspeaker systems manufacturer d&b audiotechnik and Dutch brand Philips Professional Display Solutions.

In August, d&b launched its first certified pre-owned speakers. Last month, Philips Professional Display Solutions said

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Worldwide Industry for Office Furniture to 2024 – Growth in Number of Start-Ups is Driving the Market

DUBLIN, Nov. 11, 2020 /PRNewswire/ — The “Global Office Furniture Market: Size & Forecasts with Impact Analysis of COVID-19 (2020-2024)” report has been added to ResearchAndMarkets.com’s offering.

This report includes a detailed analysis of the office furniture market by value and segments. This is followed by an analysis of the market for regions of Asia Pacific, North America and the US.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry.

Growth of the overall global office furniture market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Key players of the office furniture market are Steelcase Inc., Herman Miller Inc., HNI Corporation and Okamura Corporation. These players have been profiled in the report with their financial information

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How a furniture upholsterer managed to grow her business in a pandemic

  • Designer Nicole Crowder uses traditional techniques and her own unique taste to upholster furniture by hand.
  • Her business has grown, despite the pandemic, as people in her hometown of Washington and beyond discover her.
  • Crowder charges between $900 and $2,200 for each custom upholstery piece, and she’s starting to make her own original pieces.
  • View more episodes of Business Insider Today on Facebook.

Every piece of furniture tells a story for Nicole Crowder.

The Washington, DC, designer hand-makes custom upholstery using traditional techniques, even though most furniture nowadays is mass-produced in factories.

“I think a lot about preservation, you know. How do you take care of something?” Crowder told Business Insider Today. “And I don’t have children, so I think my furniture has become my children. It’s something that I really have to take my time nurturing from start to finish.”

Crowder started her upholstery business in her small Washington

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World Market Is Having a Huge Furniture Sale Right Now, but It Won’t Last Long

World Market

There are few things in this life that give me as much pleasure as shopping for furniture for my apartment. I keep an open mind with regard to aesthetics; I only have a few simple rules. One, never pay full price for a piece of furniture. Two, make sure that each piece in your home is functional but also has a unique quality about it. And three, if a piece you’ve had your eye on is finally on sale, don’t overthink: Just go for it. 

All of this considered, you can imagine how thrilling it was to learn that from now until November 16, World Market is having a huge furniture sale, with select pieces offered up to 30 percent off. World Market designers and buyers source inspiration from all over the globe, which means that each piece — whether it’s an accent chair, a kitchen table, or

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For office furniture sellers during a pandemic, there’s no place like home

Before COVID-19 sent most Chicago workers home in March, office furniture resellers took orders for dozens, hundreds or even thousands of items at a time.

But in recent months, local businesses like Rework and the Office Furniture Center instead have been besieged by the weary work-from-home masses who are snapping up one refurbished desk and chair at a time, wrestling the goods into their cars and dragging them home.

It’s one of many examples of business models changing because of the public health crisis, and it’s an indication that office workers are hunkering down for a much longer stint at home than they initially expected when the downtown Chicago office market all but shut down eight months ago.

Rework has seen noncorporate walk-in and online orders increase to about $100,000 per month, from a pre-pandemic monthly average of $3,000, said Mark Knepper, one of the company’s owners. Business has picked

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