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.
The small home appliance segment was among the top performing product categories during the recent holiday season, according to The NPD Group.
FlexShopper, a national online lease-to-own retailer and LTO payment solution provider, has announced record year-over-year lease origination growth in December 2017, with gross lease originations increasing 27.5% to 25,140 from the month last year.
In an effort to overcome current barriers to smart home adoption, Haier displayed complete, one-stop smart home solutions at CES in Las Vegas.
Helen of Troy has reported overall sales growth of 2.6% in the third quarter ended November 30, 2017, led by its Housewares and Home & Health segments.