Federal trade regulators have recommended that the Trump administration impose big tariffs on imported washing machines to protect Whirlpool Corp. and other U.S. manufacturers.
«LG, как и Samsung, предупреждает, что дополнительные пошлины на стиральные машины могут поменять планы компании в США».
Whirlpool seems happy to use its dominant market share in the home appliance sector to block competition any way it can, fair or not. Fine, but that doesn't mean the government should help it and the expense of American consumers.
Intel, Whirlpool, Cray, Kururay and Lion's Gate highlighted as Zacks Bull and Bear of the Day
Whirlpool, owner of Hotpoint and Indesit, defends failure to change its consumer advice until six months after serious blazeAn estimated 1m faulty tumble dryers at risk of bursting into flames are still in UK homes, the manufacturer has admitted to MPs.Ian Moverley, communications director for Whirlpool, which makes Hotpoint and Indesit tumble dryers, said on Tuesday it had been difficult to get the message out to owners of the remaining faulty machines that they needed to be replaced or modified to make them safe. Continue reading...
Whirlpool has been criticised by MPs for leaving millions of people at fire risk from faulty dryers.
The dispute highlights escalating tensions between manufacturers and retailers.
RETAIL BLUES: Sears will stop selling Whirlpool appliances for first time in a century. Sears will still sell Kenmore-branded appliances which are manufactured by Whirlpool, but the two companies couldn’t reach an agreement allowing Sears to keep selling the bigger nameplate.
In Sweden, employers pay into private funds that retrain workers who lose their jobs. The model makes the whole economy more dynamic.
News that the two company’s are no longer moving forward with their relationship comes from a leaked Sears memo. This memo claims that there was a pricing dispute between SHLD and Whirlpool. The memo says that Sears will continue to sell Whirlpool appliances, but only until its current stock runs out.
Whirlpool (WHR) reported third-quarter 2017 results wherein both earnings and sales missed the Zacks Consensus Estimate. Also, the company slashed its earnings guidance for 2017.
Whirlpool shares were trading down 10 percent, while Sears rose marginally. On a post-earnings call, Whirlpool said it had informed Sears in May that it would no longer supply its brand products to the appliance retailer as the companies were unable to agree on terms. "The Sears business is about 3 percent of our global revenue base," Whirlpool CEO Marc Bitzer said on the call, adding that the brand business is a very small portion.
The Whirlpool, KitchenAid and Maytag products will no longer be offered at Sears as the company struggles to survive.