Fourth quarter net sales at Spectrum Brands were up 5.8% as the company reported strength in its home and garden as well as hardware and home improvement businesses.
At CES Unveiled New York, held in Manhattan on November 9, the Consumer Technology Association (CTA) outlined holiday sales trends in the tech industry including those for smart home and connected health. The association also highlighted expectations for retail during the 2017 holiday season.
Third quarter revenue at Hamilton Beach was down as company officials pinned the decrease on sales volumes in the United States mainly attributable to the timing of shipments.
Doug Pritchard, SodaStream’s president, North America, is leaving the company, officials with SodaStream announced during its third quarter investor conference call.
SodaStream reported strong revenue growth in the third quarter, but the company’s Americas division was nearly flat for the three month period ended September 30.
Small electrics supplier Hamilton Beach has entered into an exclusive multi-year distribution agreement with Vacuvita to sell, market and distribute Vacuvita-branded food storage products.
NutriBullet, in partnership with Perfect Company, has unveiled its newest blender, the NutriBullet Balance, at the Smart Kitchen Summit in Seattle.
Spectrum Brands has been ordered to pay $1.9 million in civil penalties related to defective carafes sold with Black + Decker SpaceMaker coffeemakers.
In a recent issue of People Magazine, the media outlet dedicated space to food favorites, including recipes, stand-out eateries and some of the country’s most popular restaurant specialties. In addition, the brand also put the spotlight on housewares with two lists, “Essential Tools Under $50” and “Gadgets Worth The Counter Space,” which both target those who embrace at-home cooking and entertaining trends.