Just like cars that are going electric, the trend towards indoor cooking is too. The world is more environmental friendly and the use of natural gas in kitchens is getting negative attention. Consumers are moving away from gas and switching to induction cooking. Gas stoves are a significant source of indoor pollution making people more open to electric induction cooktops…
Like everything else, inflation has caused a spike raw material costs which is effecting Whirlpool’s bottom line this year. To combat it the appliance maker is cutting global production by 35% to align with lower consumer demand. Last quarter Whirlpool ended with healthier inventory levels because it produced less than it sold. Their senior executives told investors they don’t expect…
Sharp Home Electronics Company of America (SHCA) wants to replicate the in-store shopping experience with new innovative online, virtual kitchen that includes interactive access to their kitchen appliances. Sharp introduced the Virtual Kitchen Showroom that features three-dimensional renderings of their kitchen appliances and how each product as it is meant to be. The Sharp Virtual Kitchen Showroom includes: Using digital provides…
Electrolux said it plans to sell its nine year old Memphis, Tennessee cooking plant that has been sitting idle since June for approximately $82.5 million. The all-cash deal is expected to close this quarter to an unnamed buyer. After shifting production from Canada, Electrolux opened the 750,000-square-foot facility in November 2013. It cost the company $266 million to build, offset…
Swedish brand Electrolux not only wants to produce the best appliances they have a long-term strategy to significantly reduce climate impact. As experts in clothing care they are developing advanced laundry technologies that make the clothes we wear last longer to ultimately reduce water and energy. There is research that shows an urgent need to help people understand how to…
