Electrolux North America had a series of price hikes helped offset the impact of soaring inflation and limited inventory. This helped them report good sales and profits in the first quarter or this year. In Electrolux’s North American released first-quarter financial report where the company posted a 10.4 percent increase in net sales and a 53 percent jump in operating…
GE-Recall, Standing French Door Refrigerators
Marc Bitzer, Whirlpool CEO was recently on CNBC’s Jim Cramer on “Mad Money and reports that the company is handling inflationary pressure and has seen supply chain shortages start to ease. “Inflation challenges are real, but I think we’ve been able to demonstrate we can cope with them,” Bitzer said Monday. “Covid-induced inflation, I think we had a pretty good…
GE Appliance announced the pre-sale launch of Arden by FirstBuild, the first pellet barbeque smoker for indoor use. Arden is an indoor small appliance offering the ability for anyone to cook mouthwatering barbecue from the comfort of their own kitchen. It has a unique smoke elimination system first innovated at FirstBuild for the Monogram Smart Hearth Oven. This system will…
Panasonic Corporation has announced to make a commitment to achieving net zero CO2 emissions within all its operating companies by 2030. This is a milestone to realize the “Panasonic Environmental Vision 2050” formulated back in 2017. To achieve this commitment, they created a “Panasonic Green Impact” strategy, to help reduce CO2 emissions. The program will impact and accelerate a society-wide energy…
