by Mike Duff | Aug 22, 2023 | Home + Housewares
Lowe’s chief Marvin Ellison, in reporting a second-quarter earnings beat for the retailer while revenues fell a bit short of expectations, said the outlook for the home improvement market is improving. Net earnings were $2.67 billion, or $4.56 per diluted share,...
by Peter Giannetti | Mar 28, 2023 | Appliances, Kitchen Electrics
Newair founder Luke Peters (pictured above, left) is moving from his role as CEO to executive chairman, and Bobby Bloom (pictured above, right), Newair’s chief commercial officer, is set to become the appliance company’s CEO effective April 1. Bloom will join Newair’s...
by Mike Duff | Mar 15, 2023 | Home + Housewares, Retail Articles, Trade Shows & Associations
Economic activity in the manufacturing sector gained a bit in February but was in contraction territory for the fourth consecutive month following a 28-month growth period, according to supply executives polled by the Institute for Supply Management. In the...
by Mike Duff | Feb 15, 2023 | Retail Articles
The National Retail Federation reported retail sales bounced back strongly in January as inflation eased and incomes grew. As gift card season proceeded, the United States Census Bureau stated that overall retail sales in January gained 3% from December and 6.4% year...
by Mike Duff | Feb 2, 2023 | Retail Articles
According to the latest Manufacturing Report on Business from the Institute for Supply Management, economic activity in the manufacturing sector contracted in January for the third consecutive month following a 28-month period of growth. In a poll of supply executives...
