Top Stories
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Whirlpool Planning ‘Smart' Dryer ProductionBy Alan Wolf, October 1, 2009Benton Harbor, Mich. - Whirlpool plans to produce 1 million "intelligent" clothes dryers by the end of 2011 that can save consumers money by responding to changes in the power grid. More
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Sony Sanctions Newegg In CEBy Alan Wolf, September 29, 2009City of Industry, Calif. - Newegg.com, the largest CE- and IT-specialty e-tailer, has extended its direct-order relationship with Sony to all categories of consumer electronics, including home and car A/V, digital imaging, mobile communications and gaming, effective Oct. 1. More
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LG's Taylor, Electrolux's Vining Join AHAM BoardBy TWICE Staff, September 29, 2009Washington - John Taylor, public affairs and communications VP for LG Electronics, and Thomas Vining, engineering VP for Electrolux Home Products, have been elected to the board of The Association of Home Appliance Manufacturers (AHAM), the industry trade association. More
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Majap Survey: Best Buy Tops In Customer SatisfactionBy Alan Wolf, September 28, 2009Best Buy ranked highest in customer satisfaction among national and multi-regional major appliance retailers, according to a new report by J.D. Power and Associates. The 2009 Appliance Retailer Study also showed that majap dealers have raised their average close rate to 37 percent, up from 32 percent last year, and that consumers are increasingly choosing chains... More
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States' 'Cash For Clunkers' Majap Deadline NearsBy Alan Wolf, September 28, 2009States have until Oct. 15 to submit final applications to participate in a $300 million federal appliance rebate program. The effort, part of the Obama administration's economic-stimulus package, mirrors the auto industry's “cash for clunkers” program in that purchases of new, energy-efficient appliances will be partially subsidized with federal funds. More
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NATM: Majap Promos Will Spark Q4 SalesBy Alan Wolf, September 28, 2009A combination of manufacturer promotions and federal rebates could jump-start sales of major appliances this fall, executives of the NATM Buying Corp. said. Bill Trawick, president and executive director of the $3 billion group, believes that national vendor programs providing discounts of 10 percent to as much as 40-percent off select products, along with Energy Star rebates and... More
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States' ‘Cash For Clunkers' Majap Deadline NearsBy Alan Wolf, September 23, 2009Washington - States have until Oct. 15 to submit final applications to participate in a $300 million federal appliance rebate program. More
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MEGA Concludes Upbeat ConventionBy Alan Wolf, September 21, 2009MEGA Group USA, the 1,400-member buying organization for independent appliance, home furnishings and CE dealers, wrapped up a buoyant four-day fall convention here at the Marriot Riverwalk Hotel earlier this month. The group, also known as Best Brands Plus, reported a strong turnout of attendees and exhibitors. More
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J.D. Power: Samsung Majaps SatisfyBy Steve Smith, September 21, 2009Samsung was the big winner in the latest J.D. Power and Associates reports on customer satisfaction with major appliances, with the Korean manufacturer being No. 1 in three of five main categories. In the annual consumer studies, Samsung was No. 1 in overall customer satisfaction for clothes washers, clothes dryers and refrigerators, while Kenmore Elite was No. More
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Denon Adds 9.3-Channel AVRBy Joseph Palenchar, September 16, 2009Mahwah, N.J. - Denon launched its first nine-channel A/V receiver (AVR) and expanded its selection of universal Blu-ray players to two. More
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NATM Dealers Coping With Strained MarginsBy Alan Wolf, September 16, 2009
Dallas - NATM dealers are learning to live in a low-margin marketplace.
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Nationwide Hopeful About Q4 Majaps ProspectsBy Steve Smith, September 10, 2009While the major appliance business is still suffering, Adam Thomas, appliance merchandising senior VP for the Nationwide Marketing Group, sees some hope for his members in the fourth quarter based on the their strength and the quality of its supplier relationships. Nationwide, with $12 billion in sales generated by more than 3,000 members, met last month at its an... More
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Bosch Pitches $4K Kitchen In Rebate PromoBy Alan Wolf, September 10, 2009With the effects of the recession and depressed housing market now impacting even super-premium appliances, luxury majap maker Bosch is emphasizing affordability and energy savings in its consumer communications. To underscore the point, the company is getting out the message that a full Bosch stainless-steel kitchen can be had for less than $4,000 with its comp... More
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LG Stays The Course In Premium Majaps: ExecsBy Alan Wolf, September 10, 2009The effect of the 3-year-old majap malaise on the traditionally recession-resistant premium tier was acknowledged by LG Electronics USA president Teddy Hwang during a recent summer product showcase at New York's Lincoln Center. Hwang, a former president of LG's U.S. digital appliance brand division, said the company positioned itself at the high end of the market, assuming the No. More
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Microsoft Intros Its Thinnest KeyboardBy Lisa Johnston, September 9, 2009Redmond, Wash. - Microsoft debuted what it's hailing as its thinnest keyboard to date. More
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J.D. Power: Samsung Satisfies In MajapsBy Steve Smith, August 26, 2009Westlake Village, Calif. - Samsung was the big winner in the latest J.D. Power and Associates reports on customer satisfaction with major appliances, with the Korean manufacturer being No. 1 in three of five main categories. More
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Maytag Recalls Refrigerators Due To Fire HazardTWICE Staff, August 25, 2009Washington - Maytag, in cooperation with the U.S. Consumer Product Safety Commission (CPSC), has voluntarily recalled 46,000 refrigerators due to a fire hazard. More
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Jemal, Kan Promoted In Haier America RestructuringBy Alan Wolf, August 24, 2009Haier America president/CEO Michael Jemal has been named chairman, and executive VP Shariff Kan has been promoted to president of a newly formed white-goods group, as part of a company restructuring. The reorganization will allow the CE and appliance supplier to “better focus on profitable growth and existing market opportunities,” the company said. More
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Haier, F&P Extend Majap PartnershipBy Alan Wolf, August 24, 2009Haier, China's largest majap maker, and Fisher & Paykel (F&P), the premium appliance manufacturer, are exploring opportunities to cross market their products in the United States. The move would extend a strategic partnership formed last May when Haier purchased a 20 percent stake in the New Zealand vendor and added its chief financial officer and chief m... More
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Appliance Direct Drops 21 Rex LeasesBy TWICE Staff, August 24, 2009Appliance Direct, the central Florida white-goods chain, has cut the number of locations it will lease from Rex Stores, from 37, to 16. According to a filing with the Securities and Exchange Commission (SEC), the companies amended their lease agreements last month, relieving Appliance Direct of its obligation to lease all 37 storefronts, as originally agreed to in February. More
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