Midea will soon debut a new line of small appliances including cookers, blenders, electric kettles and extractors that are meant to add style and function to the kitchen. "[I]t's understandable that consumers want their kitchen not only to look its very best but also be ready for life's everyday moments," said marketing executive Kurt Jovais.
Lifetime Brands has rolled out a new collection of West Blade graters and zesters featuring a new innovation of recessed blades that allows users to grate in both directions. The line includes a box grater, rotary grater, zester, and small and large flake hand graters.
Companies that provide merchandise to Sears are decreasing shipments, restricting credit or cutting off the retailer. Sears says "substantial doubt exists related to the company's ability to continue as a going concern."
More than one-fifth of shoppers would turn to apps and other technology to help them cut down on food waste, finds a survey by research charity IGD. Existing apps can help retailers and producers tackle food waste, but a gap in the market for consumer-oriented apps presents an opportunity, according to Vanessa Henry, an analyst for IGD.
Amazon will soon allow brands to include their logos and other intellectual property marks in a registry, giving the e-commerce giant a new tool for flagging and removing counterfeit products from third-party sellers. Third-party sellers now account for half of the goods sold on Amazon, said Peter Faricy, Amazon Marketplace vice president.
The proportion of workers who say they will need $1 million or more to retire has risen to 37%, compared with 19% a decade ago, according to the latest Retirement Confidence Survey from the Employee Benefit Research Institute. However, only one-fifth of workers say they have saved at least $250,000, and 3 in 10 workers say they are stressed about retirement preparation.
Mark your calendar now for the Chief Housewares Executive SuperSession (CHESS) Oct. 3 and 4 in Rosemont, Ill. This strategic and networking event of the year allows attendees to access high-profile industry experts directly and share information and ideas with other housewares and home goods decision-makers. CHESS attracts more than 150 chief officers of IHA’s most prominent member companies. The program includes Keynotes, panel discussions, general sessions and networking opportunities -- the most valuable part of the two-day event according to past participants. Learn more.
Members wanting to learn more about the retail markets in Mexico City and Monterrey should join IHA’s trade mission to Mexico June 11 to 16. IHA trade missions offer IHA members turn-key introductions to international markets through retail tours, and retail and distributor buyers meetings. Retailers targeted in Mexico City include Casa Palacio, The Home Store, Liverpool, Sears and Tiendas Chedraui. Monterrey retailers include HEB Mexico, Home Depot Mexico, Lowe’s and Soriana. Learn more.