Retail Group Foresees Gradual U.S. Recovery
The nation’s economic recovery from the COVID-19 crisis is likely to be an uphill climb and will probably vary by location.
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Industry
Appliance Repair Pro Lays Down the Law on Home Visits
With stay-at-home rules in effect across the country, consumers are using their appliances more than ever, giving their machines the workout of their functional lives.
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Whirlpool, LG, GE Contend with COVID Concerns at Factories
Three of the country’s largest appliance makers have temporarily closed select plants to thwart the spread of coronavirus and allay the concerns of workers.
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BSH Pauses U.S. Production Until April
BSH Home Appliances is closing its U.S. manufacturing facilities in New Bern, N.C., and LaFollette, Tenn., until mid-April.
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GE Pares Back Appliance Production, Electrolux Prepares for Same
At least two major white-goods manufacturers, GE Appliances (GEA) and Electrolux, plan to tap the brakes on production amid the spread of coronavirus.
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Home Depot Delivering the Goods
The Home Depot has developed a hearty appetite for delivery and fulfillment services since taking those functions in-house, and the decline of one-time industry leader Sears has only whetted it more.
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Retail Sales to Rise Upwards of 4.1% This Year: NRF
Despite the uncertainties of coronavirus, a presidential election and a lingering trade war, total retail sales in 2020 are expected to increase between 3.5 percent and 4.1 percent, to more than $3.9 trillion, the National Retail Federation (NRF) forecasted.
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GE Appliances Unveils Refrigeration Plant Expansion
GE Appliances (GEA) has taken the wraps off its $125 million plant expansion in Decatur, Ala.
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What You Can Do Now to Counter the Coronavirus
Without sounding too many alarms, how prepared is America to handle a pandemic? While that question may seem alarmist and even existential, the reality is forcing all business owners to adapt and respond to the situation that is upon us.
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Furniture Sales Rally in January
Following a tough slog in 2019, furniture and home furnishings dealers started the new year and the new decade on an up note, with channel revenue rising nearly 2 percent in January to more than $9.7 billion, the U.S. Census Bureau reported.
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