Web will force retailers to reduce size of shops

Retailers will cut the size of their stores as internet shopping gains ground, predicted Dixons boss John Clare. Speaking at a Property in Business Conference last week, he said: “All of the increase in retail sales in the past three years in the UK has been online. Retail store sales have gone d…

Merloni family wants to keep control of Indesit

Indesit Company SpA chairman Vittorio Merloni said his family intends to continue controlling the company to ensure its independence and continuity. The Merloni family has an about 40 pct stake in Indesit through the holding company Fineldo. The comments came after speculation that the white good…

Samsung launches Air Wash System

Earlier today I got a note that Samsung had launched an “Air Wash” system to compliment their previous nano-technology, “Silver Nano”, washing system that is now banned in some countries and this is the release to with that. Basically the machine looks like the previous “Hauzen” machine that was …

MacNair Research Announces New Freezer Lift

Canadian Inventor Ken MacNair is changing the way food is stored in chest freezers and chest refrigerators with a revolutionary invention called the MacNair Freezer Lift. The Freezer Lift fits inside a chest style freezer or refrigerator. The four major advantages include: food is easier to acces…

Indesit sees 2007 Western Europe market demand up

Indesit Company SpA said its sees market demand for household electrical goods rising 2% in volume terms in Western Europe, up 1% in the UK, up 5% in eastern Europe, and up 6 pct in CIS countries. In 2006, West Europe industry-wide shipments rose 2.3%, in East Europe, excluding Turkey, up 5.8% , …

Lofra UK Goes Bust, PAB Pick Up The Brand

Although we have known about this event for some weeks it was felt that the information should be made available to the general public to hopefully explain what is happening with Lofra products in the UK. The UK importer/distributor of the Lofra range, New Wave Cooking Co. Ltd ceased trading in J…

UK Road Tax Plans To Increase Service Costs?

Recently in the UK Whitegoods forums there has been mention made of a plan from government to introduce a new way of paying for road taxation. Of course the term “road tax” is misused as it is actually called “Vehicle Excise Duty” or VED, the money can (and is) used for many purposes other than t…

ServicePower Snags Empire Commercial Service Work

Insurance replacement solutions provider Empire Commercial is to outsource its installation and repair services for consumer electrical and white goods to ServicePower’s Field Service Solutions in a deal saidto be worth £800,000 a year They have signed a 12 month rolling contract, Empire wa…

Indesit Expects Above Forecast Profits

Appliance giant, The Indesit Company SpA, expects to post pretax profits for 2006 of around 150 million euros Forbes has reported, above the group’s forecast of 145 million. After poor results in 2005 this is being seen as the company bouncing back.