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Appliances

  • Batteries Plus expands overseas with acquisition of LED Hut Ltd.

  • Nebraska Furniture Mart extends partnership with Assurant Solutions

    Atlanta -- Assurant Solutions and Nebraska Furniture Mart celebrated the 10th anniversary of their relationship by signing a multi-year contract extension recently, covering underwriting and administration of extended service contracts on appliances and electronics.

  • Hhgregg hires private equity exec as CFO

    Indianapolis – Hhgregg Inc. has hired Robert J. Riesbeck as CFO, effective Sept. 15. Riesbeck brings more than 25 years of experience in financial and operations management, most recently serving as Operations Executive/Group CFO at Sun Capital Partners, where he was responsible for financial and operations oversight of a group of portfolio companies with combined revenues exceeding $5 billion.

  • Electrolux to acquire GE Appliances

    Electrolux has entered into an agreement to acquire the appliances business of General Electric, one of the leading manufacturers of kitchen and laundry products in the United States, for a cash consideration of $3.3 billion.

  • Spotlight on variable refrigerant flow zoning technology

  • Asurion launches customer service solution

    Nashville, Tenn. - Asurion Retail Solutions has rolled out Solution Hub, an online platform providing consumers transparency and control of the post-purchase service experience. Solution Hub, customizable to reflect retail brands, offers consumers an end-to-end solution for filing claims, scheduling in-home repairs, and choosing the best fulfillment option for certain product categories.

  • Consumer spending down in July, but confidence up in August

    Washington, D.C. -- Household purchases unexpectedly fell 0.1% in July, after rising 0.4% the prior month, according to figures released by the Commerce Department. It was the first drop in six months. On a more positive note, confidence among households hit a seven-year high in August, according to the Thomson Reuters/University of Michigan's consumer sentiment index.

  • Electrolux to enable seamlessly connected appliances by joining AllSeen Alliance

    Electrolux has joined the AllSeen Alliance, a nonprofit open source consortium, as a premier member. The company joins Haier, LG, Microsoft, Panasonic, Qualcomm Connected Experiences, Sharp, Silicon Image, Technicolor and TP-Link as premier members of the alliance.

  • Sears Canada opens new fulfillment center in Calgary

    Calgary, Alberta, Canada -- Sears Canada Inc. announced the opening of a new 240,000-sq.-ft. fulfillment center located in Calgary, Alberta.

  • ARCA president retires

    Minneapolis – Edward R. (Jack) Cameron, 74, is retiring as president and CEO of Appliance Recycling Centers of America Inc. (ARCA). Mark Eisenschenk, who has served as COO since July 2013, has been promoted to the position of president and CEO.

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