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News Articles
Consumer Confidence Index Down Slightly
The Consumer Confidence Index, after a December increase, was down slightly in January 2012, according to the Conference Board. In January the index was at 61.1 (1985=100), down from 64.8 in December. The Present Situation Index declined from 46.5 in December to 38.4. The Expectations Index edged...
News Item · Appliance Magazine Breaking News · 
Dow Reports Record Full-Year Sales
Dow Chemical Company, supplier to the appliance and other industries, reported record full-year sales for the year 2011: $60 billion, up 12% from 2010. Excluding the impact of divestitures, sales were up 18% versus the prior year, with double-digit gains in all geographic area and all operating...
News Item · Appliance Magazine Breaking News ·
Keurig Single Cup Brewer Drives Sales for Green Mountain Coffee
When coffee seller Green Mountain Coffee Roasters reported strong results for the first quarter of its 2012 fiscal year, with net sales up 102% over the same quarter in the previous year, and much of that was due to its partnership with single-serve coffeemaker manufacturer Keurig. Green Mountain...
News Item · Appliance Magazine Breaking News ·
Restaurant Equipment Spending Plans at Highest Level in Four Years
Restaurant operators are increasing their current capital expenditures on equipment, expansion, or remodeling, and their longer-term plans include even more capital spending, according to the National Restaurant Association.
The overall Restaurant Performance Index (RPI) rose sharply in...
News Item · Appliance Magazine Breaking News ·
iRobot Invests in InTouch Health
iRobot Corp., maker of robotic appliances and military robots, will invest $6 million and will expand its partnership with InTouch Health, a remote presence telemedicine solution provider. The agreement expands on a joint development and licensing agreement iRobot announced in July 2011, which...
News Item · Appliance Magazine Breaking News ·