Dealers Endorse Whirlpool-Maytag Merger
Retailers largely lauded Whirlpool’s long-anticipated acquisition of Maytag, which closed late last month after the United States Department of Justice (DOJ) cleared the way...
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Retailers largely lauded Whirlpool’s long-anticipated acquisition of Maytag, which closed late last month after the United States Department of Justice (DOJ) cleared the way...
The Home Depot has expanded its major appliance departments in test stores in anticipation of possible additions to its white goods brand assortment, a...
White goods are on a roll for the NATM Buying Corp., which enjoyed a 10 percent increase in unit sales of majaps year-to-date and...
Sears Holdings said it will convert its 50 Sears Essentials locations to downsized Sears Grand stores beginning next quarter. Sears Essentials was introduced one...
In a keynote address at the Nationwide Marketing Group’s recent PrimeTime! convention here, Jim Campbell, president/CEO of GE Consumer & Industrial, urged white-goods dealers...
Best Buy has completed its previously announced purchase of Pacific Sales Kitchen and Bath Centers, the nation’s 10th largest white-goods dealer. Pacific, a privately...
Whirlpool and Maytag have agreed to not close their planned merger before March 30 without the say-so of the U.S. Department of Justice in...
Fiscal fourth-quarter sales at Home Depot jumped 15.9 percent, reaching $19.5 billion, up from $16.8 billion in the year-ago period. Comp-store sales increased 5.5...
Whirlpool posted record sales and earnings for the fourth quarter and full year in 2005. The company reported global net earnings of $126 million...
Three majap manufacturers have announced changes in their senior ranks this month. The highest-level switch was LG’s appointment of Soon H. Kwon to president...
GE turned heads at this month’s International Builders’ Show (IBS), held here at the Orange County Convention Center, and not just because of its...
An expert on major appliances — or majaps as the trade lingo goes — I am not. If a device has a processor, hard...
Thermador has developed a collection of modular built-in refrigerators that will allow consumers, designers and builders to further customize kitchens by placing separate refrigerator...
Whirlpool and Maytag have moved back the shareholder vote date for their proposed merger to Dec. 22, to give stockholders time to receive and...
Maytag has named Arthur Learmonth acting president of the company’s appliance division, a new position. Learmonth, previously head of Maytag’s service unit, assumes expanded...
Sharp is now shipping its AX-700S superheated steam oven, which is built upon a unique technology that combines heat, steam and superheated steam to...
Maytag has set Dec. 16 as the date for shareholders to either endorse or vote down the company’s proposed acquisition by Whirlpool. In a...
Higher retails for finished goods, new cost saving initiatives and moderating raw material pricing should help boost majap makers’ margins in 2006 after continued...
Record third-quarter revenue, unit shipments and operating profit highlighted financial results at the North American operation for majap maker Whirlpool, with market share results...
Samsung Electronics will enter the U.S. laundry market this February with the launch of a premium laundry pair. According to Jeffrey Armstrong, senior marketing...
Whirlpool’s acquisition of Maytag moved closer to possible completion this month with Whirlpool’s filing of a prospectus and a proposed proxy statement for Maytag...
The cooking category is heating up this fall with the introduction of two new design solutions by Sharp and Bosch. The former is debuting...
Despite the distraction of a possible merger with Whirpool, Maytag has been pressing ahead with it Maytag Store retail franchise. The chain, whose turnkey...
Viking and Sub-Zero tied for top honors as the two “most prestigious brands,” according to a survey by the Luxury Institute. Wolf came in...
The major appliance industry continues to lead other business sectors when it comes to customer satisfaction, and within white goods, Whirlpool, GE and Maytag...
Major appliances, including products under Sears’ private label Kenmore brand, will be sold in about 50 Kmart stores by year’s end as the two...
A coalition of 15 states and the city of New York has sued the federal Department of Energy (DOE) for failing to adequately raise...
In arguments addressing antitrust concerns stemming from its proposed acquisition of Maytag, Whirlpool has indicated “a complete lack of opposition to the transaction” from...
BrandSource executives commented about industry issues and other future plans for the buying group at their annual convention here last week. Here are a...
Scottsdale, Ariz. — Despite a decline in membership, the MARTA Cooperative of America is enjoying its best year in recent memory, with group volume...
President Bush has signed into law a federal energy bill that could help boost sales of energy-efficient appliances by providing tax credits to vendors...
Whirlpool is poring over Maytag’s confidential due diligence documents in an effort to submit a formal acquisition bid for the company by Aug. 9...
Haier America Trading has dropped its bid for Maytag in the wake of Whirlpool’s surprise $1.33 billion offer to acquire the ailing appliance giant....
Would a Maytag and Whirlpool merger be good for the trade? Jeff Fettig, Whirlpool’s chairman, president and CEO, told analysts that based on initial...
Despite rising raw materials costs, the prospect of higher mortgage rates and a sluggish outlook for sales (see story, next page), major appliance manufacturers...
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)...