by Mike Duff | Jul 31, 2023 | Retail Articles
Consumer confidence in the United States improved again in July, according to the ongoing study by The Conference Board, and stands at its highest level in two years. In an adjunct to the main results, the Conference Board indicated that 23.3% of consumers plan to...
by Mike Duff | Jun 29, 2023 | Retail Articles
Consumer outlooks are improving and fear of a recession is diminishing according to the ongoing Conference Board Consumer Confidence Index study. The overall index increased in June to 109.7, with 100 being the demarcation between a positive and negative sentiment, up...
by Mike Duff | Jun 6, 2023 | Retail Articles
Presenting at the 2023 dbAccess Global Consumer Conference in Paris, Newell Brands president and CEO Chris Peterson and CFO Mark Erceg provided an update on the company’s strategic priorities, capital allocation framework and Evergreen Targets as part of focusing and...
by Mike Duff | Apr 28, 2023 | Appliances, Cutlery, Featured News, Food Storage, Kitchen Electrics, Kitchenware
Newell Brands posted a first-quarter loss as it takes steps to make the business more efficient. Newell posted a net loss of $102 million, or 25 cents per diluted share, versus net income of $228 million, or 54 cents per diluted share, in the year-earlier quarter....
by Mike Duff | Feb 10, 2023 | Appliances, Bakeware, Cookware, Cutlery, Featured News, Food Storage, Kitchen Electrics, Retail Articles
Newell Brands announced that the company is making changes to its board and executive leadership as it posted a fourth quarter during which market conditions pressured sales and earnings. Robert Steele will become chairman of the Newell Brands board effective May 16...
