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  • LG introduces allergy-friendly washer

    ENGLEWOOD CLIFFS, N.J. — LG Electronics USA has launched what it claims is the industry's first top-load washer with steam technology certified "asthma and allergy friendly" by the Asthma and Allergy Foundation of America (AAFA). 

    In addition, the new high-efficiency top-load washer is designed to deliver superior high-efficiency performance, offering uniquely gentle but deep cleaning capabilities, with the added benefit of odor reduction, the company said. 

  • Duncan takes the reins at Supervalu

    Minneapolis -- Supervalu on Monday announced that Sam K. Duncan will become president and CEO, effective immediately. He succeeds Wayne Sales, who has served as the company’s president and CEO since July 2012.

  • Former eBay exec to oversee online at U.K. department store

    U.K. department store chain, John Lewis, has named Mak Lewis as online director, effective March 4. He will join the John Lewis management board (JLMB), reporting to managing director Andy Street.

    Lewis past roles include spending six years at eBay as U.K. managing director and European marketplaces director. He was most recently CEO of Collect+.

  • OfficeMax to open smaller format

    New York -- OfficeMax has become the latest retailer with a smaller-store, urban format either open or in the wings.
     
    The retailer will unveil its smaller concept sometime in 2013, according to Crain’s Chicago Business. The new format will range between 5,000 sq. ft. and 15,000 sq. ft., the report said.

     

  • Food safety group adds three to board

    The Global Food Safety Initiative has named three new members to its board of directors. The appointments were effective as of January 2013.

    Joining the board are:

    John Carter, senior director own brand and product quality assurance, Metro Cash & Carry, Germany

    Anthony C. Huggett, VP quality management, Nestlé, Switzerland

    Jian Xu, VP China Resources Vanguard Corporation, China

  • Iconix raises guidance on Buffalo buy

    NEW YORK — Iconix Brand Group has gained a controlling stake of the apparel brand, Buffalo David Bitton from Buffalo International.

    Iconix now owns 51% of the brand and as part of the deal, formed a new joint venture company with Buffalo International. Iconix will control this joint venture and consolidate its results.  Buffalo International will be the core licensee for the new joint venture.

  • Newell Rubbermaid Q4 sales beat expectations

    ATLANTA — Newell Rubbermaid reported that net sales in the fourth quarter were $1.52 billion, an increase of 1.6% compared with the prior year. Sales growth was largely attributable to the tools, baby and parenting and writing segments and to robust growth in Latin America, the company said.

  • Ingles Markets 1Q income up 9%

    Asheville, N.C. -- Ingles Markets Inc. said Monday that its fiscal first-quarter net income increased 9%. The supermarket chain earned $11.6 million for the quarter ended Dec. 29, up from $10.6 million a year ago.

    Revenue rose 2% to $932.8 million, from $918.2 million. Ingles Markets said that weekly customer visits increased 1.4% during the quarter, while the average amount that customers spent was nearly unchanged.

    Ingles Markets operates 203 supermarkets in six states in the southeastern U.S.

     

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