Profit from the sale of Noel Leeming and Bond & Bond put Pacific Retail Group back into the black for the year to March 2005. But the result masked earnings otherwise dominated by the continuation of heavy losses at British electrical goods chain PowerHouse.
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
Electrolux Cuts Jobs In Greenville
About a quarter of the 2,700 workers at the Electrolux refrigerator plant in Greenville have recieved redundancy notices. The appliance maker announced in January last year that it was closing the factory.
Haier to Make Hong Kong Unit its Flagship
Chinese home appliance giant Haier Group is to transfer its white goods business to its Hong Kong-listed mobile phone maker and make that its flagship unit to increase its fundraising ability, the South China Morning Post reported.
Electrolux Launches Talking Washing Machine
Electrolux has launched its Communication washing machine, an appliance that helps users by confirming their actions vocally. This latest innovation from Electrolux actually tells the user how to use the appliance and makes laundry a piece of cake. Today’s washing machines offer multiple programs…
Model Nell to open county event
Top model Nell McAndrew will be the star of the show at an exhibition in the Telford International Centre next month. The glamour model and former I’m A Celebrity . . . star will help launch the InstallerLive event – set to be the biggest ever plumbing, gas and heating show in the UK.
Electrolux Extends Service Supply Chain Automation to Mexico
Appliance manufacturer Electrolux has launched an automated warranty claims processing center in Mexico in conjunction with service supply chain specialist ServiceBench. Electrolux has been utilizing ServiceBench to streamline and integrate service-related activities in the U.S. and Canadian mark…
Comet to make ‘small loss’
There was more depressing news from the high street today as Kesa Electricals – Europe’s third largest electrical retailing group – reported that its Comet chain is expected to make a small loss for the first half of the year. Sales for the three months to the end of April at UK-based Comet dippe…
Maytag faces fee if deal sinks
Newton-based Maytag will pay a $40 million fee to Ripplewood Holdings if it walks away from a purchase agreement between the two companies, according to papers filed Monday with the U.S. Securities and Exchange Commission. On the New York Stock Exchange, Maytag shares rose again amid conflicting …
Maytag Shares Increase Above $14 a Share Offer Price
Maytag Corp. investor Warren Isabelle said he would probably vote against the $1.13 billion planned purchase of the company by buyout firms because the price is too low.
Maytag workers wait, wonder
Will Maytag’s new owners close the Jackson plant? Will there be layoffs? Will the status quo remain?