Maytag Installs $500 Mil. Credit Facility
Maytag has signed a commitment letter for a $500 million five-year, senior secured revolving credit facility, which will be secured by accounts receivable and...
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Maytag has signed a commitment letter for a $500 million five-year, senior secured revolving credit facility, which will be secured by accounts receivable and...
Triton Acquisition Holding, the investor group which first offered to buy Maytag in May for $1.12 billion plus assumed debt, is crying foul over...
After years of white, black and, more recently, stainless, color is finally making its way back into kitchens, as evidenced by the roster of...
The first unsettling aspect of this year’s Kitchen/Bath Industry Show (K/BIS) was its location. Removed from its traditional McCormick Place or Orlando Convention Center...
Amid a difficult selling and cost control environment, major appliances maker Maytag reported lower first-quarter sales, with its primary home appliance segment sliding 2.8...
North American first-quarter revenue at Whirlpool increased 4.5 percent year-on-year, hitting $1.98 billion, even with the implementation of price increases ranging from 5 percent...
Indesit Company, a leading appliance manufacturer in Italy, will be debuting products from its Ariston brand at the Kitchen/Bath Industry Show and Conference (K/BIS)...
Gearing up for next month’s Kitchen/Bath Industry Show & Conference (K/BIS) here, convention sponsor National Kitchen & Bath Association (NKBA) has released the roster...
Thermador, a unit of BSH Home Appliances Corp., is marking a 50th anniversary of the built-in wall oven — a category it created —...
De’Longhi, the high-end Italian white-goods vendor best known in the United States for its popular countertop appliances, will make its domestic majors debut at...
Independent retailers have provided superior sales expertise, merchandising savvy and excellent service during this boom period for major appliances, and GE wants to do...
Unusually heavy December orders in advance of stiff raw-materials price hikes in 2005 continued to suppress factory shipments of major appliances into February. According...
Building on recent gains in the major appliances category, Best Buy has begun rolling out a new majap strategy that calls for an expanded...
MARTA Cooperative Of America’s executive director Warren Mann outlined the current competitive retail landscape for his membership during the organization’s recent winter meeting at...
Seven white-goods retailers and manufacturers received recognition from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE) last week for...
Factory shipments of major appliances fell 4.1 percent for the four weeks ended January 29, 2005, according to the latest wholesale figures released by...
The Nationwide Marketing Group, the largest electronics/appliance buying organization in the industry, celebrated its 2004 performance and set the new year planning during its...
White-goods makers played the high-stakes game of “Can You Top This?” to the hilt at last month’s International Builder’s Show, where innovative new concepts...
Ultimate Electronics’ president/CEO Dave Workman has left the company along with top members of his management team. Workman was succeeded by Mark Wattles, the...
Industry Shipments of Major Appliances* (In Thousands of Units)
Whirlpool racked up record revenue and unit shipments for its North American business in the fourth quarter, delivering a 5.3 percent sales increase, to...
With Profile major appliance product launches helping lead the way — driving higher fourth-quarter sales — the consumer and industrial segment at GE posted...
Citing higher energy and steel costs along with litigation expenses concerning certain early-generation front-load washing machines, major appliance maker Maytag posted lower fourth quarter...
In an effort to lure more want-in rather than wear-out appliance shoppers — as well as a means to justify recent across-the-board price hikes...
The Home Depot has added LG Electronics to its majap vendor matrix, and will begin selling a 15-piece assortment of LG-branded laundry pairs, refrigerators,...
Washington – Factory shipments of major appliances rebounded from their early autumn doldrums to surge 6.8 percent in November as retailers loaded up on...
Major appliance vendors rang in the New Year last week at the International Builders’ Show (IBS), the calendar’s first major white-goods exhibition of the...
Time constraints on consumers, the tendency of families to congregate in the kitchen, and wider adoption of broadband Internet access are helping to prime...
Between stainless-steel shortages, a frosty room air season and a floor-care market in freefall, 2004 can’t end soon enough for many in the major...
H.H. Gregg has developed a premium majap concept store, called Fine Lines, designed to serve the decorator, high-end consumer and custom home-builder markets. The...
Factory shipments of major appliances retreated from their 6 percent spike in September to a more modest 2.9 percent gain in October, according to...
Despite a 28.5-percent surge in U.S. appliance sales, first-half profits for New Zealand majap maker Fisher & Paykel fell 1.5 percent to $24 million...
Factory sales of major appliances rebounded from their summertime slump to rise 6 percent in September, according to the latest data compiled by the...
Under pressure from independent dealers and servicers, major appliance manufacturers are beginning to address the inadequacies of their warranty service systems. But unless more...
Significantly higher steel and energy-related costs resulted in lower major appliance sales and operating income in the third quarter at Maytag, with sales dipping...
Kenmore ranked higher in customer satisfaction than any other majap brand, according to the latest American Customer Satisfaction Index (ACSI). The ACSI, an economic...
Unit factory shipments of major appliances rose 3.9 percent in August, reflecting a late summer surge in dishwasher and refrigerator demand. According to the...
Despite a disastrous room air season, factory shipments of major appliances will end the year with a reasonable 3.6-percent increase over 2003 according to...
The first fruits of Best Buy’s pact with BSH Home Appliances have begun rolling out to stores. The premium program, which marks BSH’s entry...
Whirlpool has relaunched its five-year-old flagship Web site at www.whirlpool.com. Whirlpool says the site has better functionality; a cleaner, more contemporary design; and easier...
Dave Goodrich, general manager/marketing operations for GE Consumer & Industrial, presented a strategic overview of channel growth within the major appliance marketplace, during BrandSource’s...
Weak across-the-board demand for majaps compounded by steep declines in room air sales sent July factory shipments of white goods down 1.2 percent year...