NEW YORK, Sept 25- Early in August, a call came into Sysco Corp from Trian Fund Management LP, warning the food distributor that the activist hedge fund was about to disclose a large stake in the company. Trian, run by veteran investor Nelson Peltz, unveiled its 7.1 stake in Sysco on Aug. 14, and asked for board representation and for the Houston- based company to improve...» Read More
Amazon is the latest in a long list of players to offer online home-maintenance services. Will it be good enough to hammer the competition?
May 21- Lumber Liquidators Holdings Inc said Chief Executive Robert Lynch had resigned unexpectedly, even as the company continues to face fire over reports that it sourced flooring laminates with excessive levels of a known carcinogen. Lynch took over as Lumber Liquidators' CEO in January 2012. Lumber Liquidators named founder Thomas Sullivan as acting CEO...
May 21- Hardwood flooring retailer Lumber Liquidators Holdings Inc said Chief Executive Robert Lynch had resigned unexpectedly, sending its shares down 17 percent in premarket trading on Thursday. The company named founder Thomas Sullivan as acting CEO. Lumber Liquidators is facing U.S. government investigations after CBS's "60 Minutes" show alleged that...
CNBC looks at those busy casino carpets and the surprising thing that is under them.
May 7- Hardwood retailer Lumber Liquidators Holdings Inc said it would suspend sales of all laminate flooring sourced from China, following allegations that the products contained excessive levels of cancer-causing formaldehyde. Lumber Liquidators' shares rose as much as 7.2 percent in early trading on Thursday. "Despite the initial positive air quality...
*Osram to separate 2 bln-euro lamps business. FRANKFURT, April 21- Germany's Osram plans to transfer its 2 billion-euro general lamps business into an independent legal structure, it said on Tuesday, paving the way for a possible spin-off or sale. Osram's new chief executive Olaf Berlien has been reviewing the company's strategy, and Chief Financial Officer...
HUIZHOU, China, April 17- Eight years ago, Pascal Lighting employed about 2,000 workers on a leafy campus in southern China. Cankun, an appliances factory in southern China featured in the documentary Manufactured Landscapes, had more than 22,000 manufacturing employees in 2005, according to its annual report. Some Hong Kong- owned factories in southern China...
Finding that her top toy choice, Shopkins- tiny grocery store characters made by Australia's privately-held Moose Enterprise- was sold out, Catie went directly to the Barbie row and picked out one of Mattel Inc.' s iconic dolls. Though Mattel, Hasbro and Lego control about 40 percent of the U.S. toy market, there's a growing niche for smaller companies such as Alex...
Bathroom breaks are getting a bit more luxurious as home appliance makers bring new features to the most basic of fixtures.
Battered for years by offshore competition in Asia, U.S. furniture manufacturers are showing renewed signs of life.
Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.
CNBC reporter Kelli Grant breaks down the value of home renovations, what's worth the cost and what can add more value to a home
CNBC's Seema Mody takes a look at the home furnishing sector. Mody says Citi favors Williams-Sonoma and expects them to benefit from favorable housing trends, better merchandise and competitive planning.
Low natural gas prices could help cut the energy bills of consumers who ditch their electric appliances in favor of those that use gas. But savings may be slim for some.
A "strong holiday lineup" of new products propelled Williams-Sonoma to better-than-expected quarterly earnings, company CEO Laura Alber told CNBC.
IKEA isn’t just for college students looking to furnish their dorm rooms on the cheap, Mike Ward IKEA USA president told CNBC’s “Squawk on the Street” on Monday.
It might have a broken stock, but “Mad Money” host says it’s not a broken company.
Using data provided by the financial information firm Sageworks, CNBC.com shows which industries took the worst beating in 2009 and 2010.
See Cramer’s full interview with Farooq Kathwari.
Jim Cramer’s researcher, Nicole Urken, discusses why BBBY stands apart from BBY in the wake of Brian Dunn’s resignation.