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Newsflash

07-23-09 Earnings Report  Whirlpool Corp., whose brands include Maytag and KitchenAid, reported a significant drop in second quarter consumer demand as revenue dropped 18 percent. Second quarter profit dropped 33 percent, though results were better than analysts expected, and the company brightened its full-year forecast.

11-16-11  Whirlpool hits the big 1-0-0! The appliance manufacturing giant recaps some of it's milestones as it nears it's 100 year anniversary. www.whirlpoolcorp.com/100. 1948 — The Nineteen Hundred Corporation successfully launches the first Whirlpool brand name automatic washing machine. 1975 — Whirlpool plays a key role in crafting U.S. Energy Policy and Conservation Act. 1986 — Whirlpool purchases the iconic KitchenAid brand. 2003 — Whirlpool Corporation becomes the world's first appliance manufacturer to set a global greenhouse gas reduction target.

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  • IKEA Launches New Smart Lighting Line

    Following in the footsteps of GE, Phillips, and a host of others, IKEA is now officially offering its own line of smart lights scheduled to be available in the U.S. by the end of April.

  • JCPenney Gets Into the Remodeling Game

    Since 2012, not a year has passed that JCPenney didn’t close more stores than it opened due to falling revenue. Sales last year were down 30 percent from where they were in 2011, according to Fortune. But the department store has a plan to recapture at least some of that lost revenue: home remodeling. 

    “With the resurgence of the housing market, consumers are spending more than $300 billion annually to upgrade their homes since nearly two-thirds of the nation’s homes are over 30 years old,” said Marvin Ellison, chairman and CEO of JCPenney, in a release. 

  • NARI Rolls Out New Accreditation Program

    The National Association of the Remodeling Industry has unveiled a new accreditation program—a first for the trade group.

    Traditionally, NARI’s certification programs have focused on individual remodelers’ knowledge and professionalism. To date, there hasn’t been an accreditation program for remodeling businesses—until now.