Household Durables Household Appliances


  • Oct 9- Sears Holdings Corp named Sean Skelley as president of home services, the latest in a string of appointments made by the struggling retailer. Skelley, who has worked for over 20 years with U.S. electronics chain Best Buy Co Inc, will look after Sears' home services business which provides customers with home appliances repairs and home improvement...

  • Sodastream CEO: We welcome competition Friday, 9 Oct 2015 | 9:28 AM ET
    Employees pack boxes of SodaStreams at the factory in the West Bank Jewish settlement of Maale Adumim.

    The single-serve coffee business shows at-home carbonated device sales could boom as competition ramps up, Sodastream CEO Daniel Birnbaum said.

  • Nikkei retreats as investors wary in data-heavy week Monday, 28 Sep 2015 | 2:35 AM ET

    TOKYO, Sept 28- Japanese stocks fell on Monday as investors took profits from gains made on Friday ahead of key economic indicators scheduled for release this week in Japan, China and the U.S. JFE Holdings shed 4.3 percent while Nippon Steel and Sumitomo Metal lost 3.3 percent. Electrical appliance retailer Yamada Denki gained 5.2 percent while household goods...

  • During last year's holiday season it limited the no-money-down option to certain weeks, said Jai Holtz, president of financial services at Sears. Wal-Mart Stores Inc started its layaway program in late August, two weeks earlier than 2014. The largest Texas supermarket chain, H-E-B, which also sells toys and appliances, has also launched a layaway plan and...

  • SAO PAULO, Aug 20- Brazilian retailer GPA SA said on Thursday it, along with holding company Wilkes Participacoes, would pay 212.46 million reais to Morzan Empreendimentos to settle arbitration over its takeover of home appliances retailer Globex.

  • Aug 19- Lowe's Cos Inc, the No.2 U.S. home improvement chain, reported better-than-expected quarterly same-store sales, helped by higher demand for items such as appliances and outdoor power equipment. Larger rival Home Depot Inc also reported a stronger-than-expected rise in quarterly same-store sales on Tuesday, helped by increased home remodeling...

  • The feds turn up the heat on GE Thursday, 2 Jul 2015 | 6:00 AM ET
    The feds turn up the heat on GE

    The Justice Department is suing to stop Electrolux from buying General Electric's appliance division.

  • Electrolux Q1 profit falls less than expected Friday, 24 Apr 2015 | 3:32 AM ET

    Home appliances maker Electrolux reported a smaller-than-expected fall in first-quarter earnings on Friday.

  • TCL: Smart home tech due for a breakthrough Wednesday, 22 Apr 2015 | 8:24 PM ET
    TCL: Smart home tech due for a breakthrough

    With various companies like Apple designing their products, smart home technology will mature in the coming years, says Tomson Li, chairman & CEO of TCL Corporation.

  • Whirlpool profit drops due to acquisition costs Wednesday, 4 Feb 2015 | 10:30 AM ET
    An employee works on a Whirlpool washing machine at the company's operations plant in Clyde, Ohio.

    Whirlpool on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding costs, the results beat expectations.

  • Prosecutors raid LG headquarters over washer row Saturday, 27 Dec 2014 | 1:51 AM ET

    Prosecutors raided LG Electronics' headquarters amid a probe of whether LG damaged rival Samsung Electronics' washing machines at German retail stores, LG said.

  • Flushed with ideas, toilets enter the 21st century Thursday, 30 Oct 2014 | 8:27 AM ET
    Various functions are available on the washlets that Toto Ltd. sells. The Japanese are seen as innovators in toilet technology.

    Bathroom breaks are getting a bit more luxurious as home appliance makers bring new features to the most basic of fixtures.

  • Whirlpool posts higher profit but reduces forecast Tuesday, 28 Oct 2014 | 11:11 AM ET
    A customer talks to a sales associate in front of a row of Whirlpool washing and drying machines.

    Whirlpool posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.

  • Samsung: LG, stop vandalizing our washing machines! Monday, 15 Sep 2014 | 6:56 AM ET
    A Samsung employee holds a smartphone remotely controlling a WW9000 washing machine at the IFA consumer technology fair in Berlin, September 5.

    Samsung has accused the head of rival LG Electronics' appliances business of damaging Samsung washing machines at retail stores.

  • Electrolux to acquire GE appliance biz for $3.3B Monday, 8 Sep 2014 | 7:16 AM ET

    This doubles our size in the U.S., says Keith McLoughlin, Electrolux CEO, discussing the acquisition of General Electric's appliance business amid growing global competition in the industry.

  • GE in talks to sell appliances business: Report Wednesday, 16 Jul 2014 | 2:40 PM ET

    General Electric is in talks with potential suitors about selling its appliances business for up to $2.5 billion, Bloomberg reported.

  • Google's Nest recalls 440,000 fire alarms in US Wednesday, 21 May 2014 | 5:20 PM ET
    Nest Thermostat

    Nest is recalling 440,000 smoke detectors, according to a notice that provides public knowledge of how many of the smart home appliances have shipped.

  • Currency headwinds hurt: Electrolux CEO Friday, 31 Jan 2014 | 5:10 AM ET
    Currency headwinds hurt: Electrolux CEO

    Keith McLoughlin, Electrolux CEO, tells CNBC he is pleased with the group's "broad growth" and "rich pipeline," and discusses currency headwinds impacting the group.

  • Comeback companies: Whirlpool's recent rise Wednesday, 21 Aug 2013 | 6:43 AM ET
    Comeback companies: Whirlpool's recent rise

    Whirlpool took a hit when the housing bubble burst but the stock is showing signs of recovery as consumers begin spending again to furnish new homes and upgrade older appliances, reports CNBC's Jackie DeAngelis.

  • Electrolux's CEO on retail growth strategy Friday, 19 Jul 2013 | 8:24 AM ET
    Electrolux's CEO on retail growth strategy

    Keith McLoughlin, Electrolux president & CEO, discusses his company's quarterly results, housing and the strength of the consumer.