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Kalorik is marking its 90th anniversary this year with a host of fresh products, licensing and marketing programs, including a new licensing agreement with “Mad Hungry” television personality and cookbook author Lucinda Scala Quinn; a new limited edition air fryer illustrated by French artist Luiza Laffitte; and a new line of “rapid” appliances developed in partnership with the technology firm Strix.
As consumers are spending more time at home during this time of social distancing, many are looking to the comforts of the kitchen to provide some normalcy. Others are delving into home cooking and baking projects that they never felt they had the time for before now. However, none have become more popular than baking bread. Yeast and flour have been in short supply around the country, while social media pages have been inundated with photos of homemade baguettes, sourdoughs and challahs.
Lee Eiseman’s second keynote presentation on color, an update on the next normal for consumer thinking and opportunities of seasonal trends are topics of upcoming webinars in the ongoing virtual education series developed by the International Housewares Association.
MINNEAPOLIS— Target has enjoyed success over the past couple of decades as it became a true national mid-market omnichannel retailer, and even if it has struggled at times through that period, the company may have gotten itself in just the right position to meet the challenges of the COVID-19 outbreak and post-pandemic environment.
As it looks to a future beyond the COVID-19 crisis, Nordstrom pointed to its pursuit of strategic omnichannel initiatives even as the company reported sales and earnings declines in the first quarter.
Bed Bath & Beyond has appointed Harriet Edelman as independent chair of the board, effective immediately. Patrick Gaston has stepped down as chairman of the board and, after 13 years as a director of the company, has notified the board that he does not plan to stand for re-election at the company’s 2020 annual meeting of shareholders.
DeLonghi America has launched new products in its kitchen electrics and home comfort categories, including a new air fryer and a new portable air conditioner.
Groupe SEB USA is tightening its All-Clad authorized distribution network, and the company will no longer accept All-Clad orders from select retailers as of July 1, 2020, according to a letter from Groupe SEB received by some independent retailers.
As it coped with the effects of the COVID-19 pandemic, Costco missed a Wall Street earnings per share estimate for the third quarter but posted positive comparable store sales and a big increase in e-commerce comps.