Appliances

Best Buy is putting a spotlight on the way technology is impacting home appliances.

Minneapolis – Best Buy is putting a spotlight on the way technology is impacting home appliances.

The retailer is partnering with Samsung on a new in-store concept, “Samsung Open House,” a 20-sq.-ft. area inside Best Buy stores that feature the largest dedicated in-store branded display of Samsung appliances anywhere.

Minneapolis - Edward "Jack" Cameron, who served as CEO of Appliance Recycling Centers of America Inc. (ARCA) from 1976 to 2014, has been reinstated as CEO. Private investment firm Isaac Capital Group LLC (ICG), the largest single shareholder of ARCA with a 12% stake, backed Cameron’s return.

Cameron replaces Mark Eisenschenk, who had served as ARCA president since July 2013 and CEO since August 2014. ICG has also nominated new members to the company's board of directors, replacing the majority of the old board.

Demand for iPhone 6, big TVs and appliances surged at Best Buy in the first quarter, enabling the company to report a much-better-than expected same store sales increase.

About a year and a half ago, I wrote the following about Sears in an article that appeared in this space: “the company has been run less like a retail operation and more like a REIT for many years now.”

Hhgregg is partnering with Maytag once again on an omnichannel giveaway that honors everyday American heroes.

The retailer and appliance-maker will honor 10 deserving Americans who have had a profound impact on their community. Each hero will receive a free Maytag appliance and an Hhgregg gift card to thank them for their commitment. Additionally, hhgregg and Maytag brand are giving away appliances every day in May at hhgregg.com.

Sears is putting its decades of home improvement knowledge to work once again for military families.

The retailer has launched its eighth annual Heroes at Home campaign with Rebuilding Together to raise funds and assist military families facing hardship by making necessary repairs, improvements or modifications to their homes. The program, which has raised more than $18 million over the past seven years thanks to donations from Shop Your Way members, customers and associates, has funded more than 1,500 home rebuilds.

New York -- Sears Holdings Corp. is hoping to spark a turnaround in its struggling Hometown and Outlet Stores division with a 51-store refresh program that starts with seven stores in Arizona.

The store refresh includes a new product assortment, redesigned merchandising, new fixtures & signage, and comprehensive employee training, among other changes.

New York -- On the heels of disappointing sales trends, Sears Hometown and Outlet Stores Inc. said that its CEO W. Bruce Johnson will leave the company Aug. 1.

The company also announced that the board of directors has commenced a search for a new CEO and has retained Heidrick & Struggles, a leading global executive search firm, to assist the Board in identifying and evaluating external and internal candidates.