Cookware

Lifetime Brands reported it plans to build a new distribution center of more than 1 million square feet in Hagerstown, MD, a facility the company said would become an responsive and efficient “cornerstone” of its operating infrastructure to service its long-term growth plan.

Newell Brands President and CEO Chris Peterson said a company transformation strategy is gaining traction after Newell beat a fourth-quarter earnings estimate while falling just short of a revenue forecast.

Spectrum Brands announced first-quarter sales and earnings grew year over year as its brand and e-commerce investments took hold.