The phrase
"appliance business" refers to a company or industry that sells and deals with household appliances, such as refrigerators, washing machines, or ovens.
Full definition
Electronics firm has asked Seoul police to investigate alleged vandalism Samsung has accused the head of rival LG's
home appliances business of damaging its washing machines at retail stores in Germany.
Together, Best Buy, Home Depot, and Lowe's would capture about 80 % of Sears»
appliance business if all its stores closed, analysts said.
The numbers also suggest that Penney is not getting that much of a lift from the ongoing declines at Sears (shld),
whose appliance business Penney has been eyeing for two years now.
While it is often overlooked, Whirlpool's KitchenAid
small appliance business grows faster and contributes higher margins than the rest of the business.
Samsung Electronics (ssnlf) may build a U.S. plant for its
home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from new U.S. President Donald Trump.
The Bay, meanwhile, is in the midst of a significant turnaround, and Lowe's, Rona and Home Depot continue to eat away the company's hardware and
appliance business.
The South Korean firm may build a U.S. plant for its home
appliances business, a person familiar with the matter said on Feb 2.
Its shares have fallen again, amid speculation that the damage to its balance sheet is so great that it will have to sell its PC business (having already hawked its medical devices and home
appliance businesses).
As another step in deconglomerating, GE plans to sell
its appliance business to Electrolux, though the U.S. Justice Department has sued to stop the deal; GE says it intends to «vigorously defend» it in court.
While some might see this as a negative it really isn't,
the appliance business while doing well with sales carries very slim margins.
Looking to exit
the appliance business, GE invested heavily to make its appliance segment more efficient and competitive globally which is making the divestiture a more attractive deal than it was just 5 - 6 years ago.
They sold
the appliance business for a high multiple.
Dollar - based analysis suggests that just as (i) a store that sells five ice trays for every freezer is
an appliance business, (ii) a company that sells four times the amount of tires as cars is a car dealership, (iii) and Boeing, which sells 99 spare parts for every jet, is an aircraft manufacturer, so Planned Parenthood is in the abortion business.
Bo is a very experienced in - house lawyer with a strong IP focus and a background in major international companies in the life sciences and home
appliances businesses.
Davis Polk & Wardwell and Sidley Austin have landed the leading roles advising Swedish manufacturer Electrolux on its $ 3.3 bn (# 2bn) purchase of US - based General Electric's (GE's)
appliances business.
Sidley Austin, King & Wood Mallesons and White & Case are advising on the sale of General Electric's appliance business
Sidley Austin, King & Wood Mallesons and White & Case are all advising on General Electric's $ 4.5 bn (# 3.1 bn) sale of
its appliance business to Qingdao Haier Co..
GE might be getting out of
the appliance business, but the company sells plenty of smart switches, dimmers, and outlets / plugs.
Apart from Shin, Samsung in a statement revealed that BK Yoon, who presently oversees its televisions and home
appliances businesses, would now start focusing on «long - term strategy» to derive sales and generate revenues from the home appliances division.