housewares

Appliances
Spectrum Brands Q3 Net Sales Down

Third quarter net sales at Spectrum Brands were down as company officials pinned the decline on a “confluence of factors” that include the impact of macroeconomic factors as well as issues that are specific to the company.

Retail
Consumer Confidence Rises In July

The Conference Board Consumer Confidence Index, which had declined marginally in June, improved in July. The Index now stands at 121.1, up from 117.3 in June. The Present Situation Index increased from 143.9 to 147.8, while the Expectations Index rose from 99.6 last month to 103.3.

Retail
J.C. Penney Names Davis CFO

J.C. Penney has named Jeffrey Davis as the retailer’s executive vice president and chief financial officer. He succeeds Andrew Drexler, who has been serving as interim chief financial officer while the company completed its search.

Retail
Report: Israel To Lead Macy’s Backstage

Michelle Israel has been promoted to lead Macy’s Backstage and Bloomingdale’s The Outlets off-price divisions, according to a report by WWD. She will hold the title of senior vice president overseeing both divisions.

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