Archive for the ‘Industry News’ Category

Canadian Tire to enter major appliance market

Posted on: May 9th, 2012 by IMR Admin No Comments

Canadian Tire Corp. will begin selling major appliances such as dishwashers at its stores across Canada to bolster its assortment of household goods, and is finally making strides in improving its automotive business, the company’s annual general meeting of shareholders heard Thursday.

 

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Sears Canada sells Cantrex, keeps appliance retailer Corbeil Electrique

Posted on: May 9th, 2012 by IMR Admin No Comments

Sears Canada Inc. CA:SCC +1.49% announced today the agreement to sell its Cantrex Group operations to Nationwide Marketing Group, LLC. Sears Canada will be maintaining ownership of Corbeil Electrique Inc., a well-recognized brand in the major appliance retail market

 

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Coast Wholesale Appliances Inc. Reports 2012 Q1 Results

Posted on: May 9th, 2012 by IMR Admin No Comments

Coast Wholesale Appliances Inc. will host a conference call and webcast to discuss its 2012 first quarter financial results on Tuesday, May 8, 2012 at 8:00 am Pacific Time (11:00 am Eastern). The call can be accessed by dialing: 1-877-240-9772 or 416-340-8527 (GTA and International).

 

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Electrolux, Samsung and F&P top Canstar Blue washing machine ratings

Posted on: May 9th, 2012 by IMR Admin No Comments

Canstar Blue has released the results from its latest customer satisfaction survey on washing machines, with Electrolux taking out top honours in the Front Loader category, and Samsung and Fisher & Paykel sharing the highest spot in the Top Loader washing machine category.

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Electrolux Q1 Profit Up

Posted on: May 9th, 2012 by IMR Admin No Comments

Swedish home appliance maker Electrolux AB saw a 22 per cent surge in first-quarter net profit to 560 million kronor ($83 million) thanks to strong sales and gains in emerging markets.

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Electrolux names key Memphis hires, including the manager of its Quebec plant

Posted on: May 9th, 2012 by IMR Admin No Comments

Electrolux has assigned its L’Assomption, Quebec plant manager to the same position in Memphis.

George Robbins is one of five key hires at the Memphis cooking products factory, which is under construction in Frank C. Pidgeon Industrial Park, Electrolux Major Appliances North America announced today.

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Is Appliance Service a Dying Industry?

Posted on: May 9th, 2012 by IMR Admin No Comments

A report from IBISWorld says that consumers are increasingly likely to replace rather than repair appliances, which doesn’t bode well for the Appliance Repair industry in the United States.

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Manufacturers on the move

Posted on: May 9th, 2012 by IMR Admin No Comments

More than a third of U.S.-based manufacturing executives at companies with sales greater than $1 billion are planning to bring back production to the United States from China or are considering it, according to a new survey by The Boston Consulting Group (BCG).

 

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InfoElectro: Update on Anti-Spam Legislation

Posted on: March 12th, 2012 by electroadmin No Comments

Smart Appliances, Cloud Technology with Electronics & How Trades are a Valuable Job

Posted on: March 12th, 2012 by electroadmin No Comments