Two years after then-Newell Rubbermaid acquired Jarden Corp., three former Jarden executives are reportedly teaming with an activist hedge fund to replace Newell Brands’ CEO Michael Polk and its board of directors, the Wall St. Journal reported on Friday, February 9.
Newell Brands, the current owners of the Crock-Pot brand of slow cookers, is defending the safety of slow cookers after a character on the popular NBC show “This Is Us” was killed in a fire that was caused by a faulty switch in a slow cooker.
Newell Brands is exploring “strategic options” for several of its divisions that include Rubbermaid outdoor, closet and refuse and several other commercial product categories.
Bluewater recently launched the Bluewater Clean Water Movement in an effort to educate consumers on water quality and excess single-use plastics. In order to support its goals, the company conducted a survey on American bottled water use and consumer trust in water quality.
The small home appliance segment was among the top performing product categories during the recent holiday season, according to The NPD Group.
Just weeks after announcing its intent to sell its Global Batteries and Appliances segments, Spectrum Brands has taken its first step to shedding one of those businesses.
Whirlpool Corporation is expanding its smart home appliance ecosystem this year with a collaboration with Honeywell. Consumers will now be able to connect smart appliances from Whirlpool Corporation to Honeywell’s line of connected thermostats.