housewares

Trade Shows
PLMA Names Davies Acting President

The board of directors of the Private Label Manufacturers Association has named Peggy Davies acting president of the association. Her appointment follows the death of Brian Sharoff, president, who passed away last month after a brief illness. Since 2016, Davies served as PLMA vp/association relations. 

Retail
Macy’s Secures Financing But Signals Q1 Loss

Macy’s has secured new financing to shore up its business, while revealing that its preliminary sales and earnings results for the first quarter included a loss and lower sales, although it said e-commerce and reopened stores are performing well.

Appliances
Drop Gains New Funding

Smart kitchen platform Drop has gained $13.3 million in Series A funding co-led by Alpha Edison and Morpheus Ventures with participation from Act Venture Capital.

Retail
NRF: Pandemic’s Impact On Imports Easing 

The impact of COVID-19 at major U.S. retail container ports appears to be easing slightly, with projected imports remaining below last year’s levels but not as much as previously forecast, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Tabletop
Beatriz Ball To Expand Tableware At Atlanta Market

Beatriz Ball will introduce several new tableware products in its signature metal alloy, as well as several line extensions in its glass and melamine collections, at the upcoming Atlanta Market. The market is scheduled to be held August 13 to 18 at AmericasMart.

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