A businessman who started as a market trader has made the biggest furniture purchase in history by buying the entire stock of failed kitchen retailer MFI. Multi-millionaire Chris Dawson’s purchase filled 2,400 articulated lorries with furniture worth £68million at retail prices, bought from…
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
EU Mulls Energy Label Changes
As we’ve stated previously in articles we don’t think that much of the current EU labels for energy use but there have been plans drawn up to change them. The sad thing is that, from what we can tell, this change will serve only to make it even more confusing than it already is.
Woolworths bought by Shop Direct Group
Woolworths will be relaunched as an online store after the brand was bought by Shop Direct Group owners the Barclay brothers. The Barclay brothers have also bought Woolworths’ childrenswear brand Ladybird from the administrator, which will be sold on a new dedicated website woolworths.co.uk from …
Arcelik Deny Merger Talks With Indesit
Appliance manufacturer, Ar§elik (known as Beko in the UK) have denied Tuesday media reports claiming partnership talks with Italy’s Indesit. In a statement sent to the Istanbul Stock Exchange, Arcelik said reports regarding talks between Arcelik and Indesit were not true.
EU Bails Out Antonio Merloni
Reuters has reported this morning that the EU is set to effectively bail out Antonio Merloni, the owner of the Servis UK and Electra brands with a €68 Million loan guarantee.
Indesit Company Eyes Potential Partners?
News has begun to circulate of a possible merger or partnership between various manufacturers and the Indesit Company who own the Hotpoint, Indesit and Ariston brands among others sold in the UK. The reports filed with various Italian online news sources seem to indicate several potential partners.
Glen Dimplex Factory On A Four Day Week
Glen Dimplex, the cooker manufacturer, will cut 70 jobs and has brought in a four-day working week for staff. Glen Dimplex Home Appliances, formerly Stoves, which employs about 1,000 people at its Stoney Lane factory in Prescot, blamed worsening economic conditions. Bosses had previously said the…
Comet To Charge For Shelf Space
Comet, the Kesa-owned high street electrical chain, is understood to be planning to charge for shelf space. The retailer has confirmed that it is currently in talks with suppliers. The move comes just weeks after the group posted a 71% profit crash in its half year results in December.
Home Depot Cuts 7,000 Jobs
The North American DIY market has taken a blow with the news Home Depot plans to cut 7,000 jobs. The chain, the world’s largest DIY retailer, will makes the cuts by axing its loss making Expo Design Centers in the US.
Homebase Redundancies
Homebase set to axe hundreds of jobs Senior staff across 300 of DIY chain’s stores are at risk of redundancy following a 10% decline in sales over the Christmas period. According to reports by The Sun, senior staff were called to meetings last week to be informed of a ‘restructuring’ that is like…