Retailer Iceland has shed more than 120 jobs after deciding to close its electrical showrooms. Deeside-based Iceland opted to “˜review’ the future of its white goods business earlier this year and 122 staff have now been made redundant.
Category: Domestic Appliance News
Domestic Appliance News
All the latest general news from the domestic appliance industry that we find all over the world, and stories that are of interest to the trade and public, often with our own unique non-politically correct spin on it.
We cover almost anything interesting to do with appliances or that affects the industry, including new product releases, scandals, recalls, mergers, takeovers and all the other juicy appliance news from around the world.
If you have a story to share, please let us know or contact us on admin@ukwhitegoods.co.uk or contact Kenneth here
Nortek To Restructure, Best Hoods May Be Affected
Privately held Nortek has begun soliciting votes from debt holders to approve a financial restructuring that would swap most of the company’s debt for equity. Balloting ends Oct. 16, according to New York City-based Financial Balloting Group, Nortek’s balloting agent. If debtholders approve the p…
Hoover Dealer Wins Transit Connect
Sizzling sales of kitchen appliances have won Swansea store Enterprise 2000 a Ford Transit Connect LWB van in a Hoover customer incentive competition. The commercial vehicle was offered by long-standing Ford Connect user Hoover Ltd to the store which recorded the biggest sales increase.
Focus Trading Update
Big losses at Focus DIY but foundations in place for brighter future. Evidence of the difficulties at home improvement retailer Focus DIY came this week with the company reporting a pre-tax loss of £95.3 million on sales of £501.9m for the year to February 22.
Gorenje Reaches Wage Deal With Employees
Slovenian appliance maker Gorenje reached a wage deal with employees, averting a possible strike, and returned to full production on Oct. 1 after securing fresh orders, according to a Bloomberg report. The company, which exports 93% of its production, had cut working hours at the start of the yea…
Whirlpool To Produce Smart Grid Dryers
Whirlpool Corporation (NYSE: WHR) continues its legacy of innovation leadership with the announcement that it will produce one million Smart Energy clothes dryers by the end of 2011 as part of the U.S. Department of Energy’s (DOE) Smart Grid Investment Grant program. These U.S. manufactured appli…
Food-Generating Microwave Wins Electrolux Design Challenge
Just like something seen in one of the Back To The Future movies, the winner of the 2009 Electrolux Design Lab competition makes full size meals from small pouches. The pouches are like something we’ve seen astronauts get their food from only this nifty idea turns them into proper food, or at lea…
Whirlpool Ties Up With Suning In China
Chinese home appliance retailer Suning Appliance Co. have linked strategic cooperative agreements with Whirlpool. The two parties plan to seek accumulative sales of CNY 20 billion within five years, including CNY 5.3 billion from Whirlpool washing machines, CNY 4.75 billion from refrigerators, CN…
Is Antonio Merloni Up For Sale?
Rumours appear to be emerging in the Italian press that Antonio Merloni Group, who own the Servis UK brand as well as Asko and Upo and others, may be up for sale. According to reports there would be a several potential buyers interested in the purchase of Antonio Merloni, which has been in extrao…
Homeserve Sell Off Repairs Arm
As we reported a few months ago the domestic insurance group Homeserve have said today it has sold off its loss-making repair services in an £11 million deal. The firm now aims to concentrate on its insurance arm. Homeserve announced in May that it planned to sell off the emergency ser…