housewares

Retail
Google Invests $550 Million In JD.com

Google is investing $550 million in cash in Chinese e-commerce company JD.com as part of a “strategic partnership.”

Tabletop
Helmkamp Steps Down From Lenox

Katrina Helmkamp, CEO of Lenox, has left the position to pursue a role elsewhere. Realogy Holdings Corp., a full-service residential real estate services company, announced Helmkamp’s appointment to the role of CEO of Cartus Corporation, its relocation services subsidiary.

Appliances
Keurig Launches Specialty Coffeemakers

Keurig has launched a line of coffeemakers that are designed to allow for consumers to customize their drinks to brew either a fresh cup of regular coffee or specialty beverages such as a latte or cappuccino using a single brewer and a K-Cup pod.

Financials
Neiman Marcus Cuts Q3 Loss

For the third fiscal quarter ended April 28, Neiman Marcus Group posted a net loss of $19.9 million versus a net loss of $24.9 million in the period a fiscal year earlier.

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