May 10th, 2016
US department stores retailer J.C. Penney made a major splash on Monday, 9 May 2016, when it announced that it would be expanding its major appliances offerings to nearly 500 stores in the US and would be offering the products on jcp.com after a trial in February.
May 10th, 2016
The lack of common standards among manufacturers is making it difficult for consumers to operate smart appliances at home. For example, some smart appliances voice control functions cannot accurately recognize accents. The development of too many features is also driving up the price of connected appliances. In the future, manufacturers should follow a modular […]
April 24th, 2016
As discussed on a previous videocast, internet retailing’s growth is the most significant amongst all distribution channels for consumer appliances.
April 23rd, 2016
The global infrastructure is ready for connected appliances. More than half of the world population is connected to the internet and global retail volume of smartphones exceeded one billion units in 2015.
April 16th, 2016
A compilation of key mergers and acquisitions in Major Domestic Appliances (MDA) in Western markets is potentially looking to restructure the home laundry appliances’ competitive hierarchy in 2015 and beyond.
April 10th, 2016
Springtime in Japan is marked by Hanami, or flower-viewing parties in Japan. It also marks an important time of year for Japanese manufacturers, consumers and industries. Learn more about how tourism, travel, beverages, foods, beauty, fashion, home appliances, technology, and Japan’s economy itself are impacted by springtime in the country. Watch on YouTube
March 29th, 2016
In the wake of Haier acquiring General Electric’s appliance division, each company should look to respectively grow. Haier should focus on growing in areas where its premium brands would not be competitors. In fact, Haier has indicated it will bring GE brands over to China. GE should focus on Asia-Pacific and the Middle East and […]
March 17th, 2016
The desire to develop cooking skills and to entertain is a large trend that was apparent at the International Home and Housewares show 2016. Cooking is no longer considered to be a chore, and is considered a skill. Therefore, consumers are seeking ascetically pleasing barware, colorful ovenware products and unique home ware pieces. Consumers […]
March 15th, 2016
Non-store retailing accounted for 18% of global consumer appliances’ volume sales in 2015. The popularity of internet retailing has increased while the home shopping channel has seen a decline as consumers purchase appliances online with information from TV. With consumers’ purchase factors are crucial choosing where to buy appliances, omnichannel trends are encouraging consumers […]
March 1st, 2016
On 25 February, Hon Hai Precision Industry Co Ltd, trading as Foxconn Technology Group, beat Innovation Network Corporation of Japan (INCJ) to the acquisition of Sharp Corp, with its strengths in contract manufacturing services to giants that include Apple Inc, with its ¥700 billion (US$6 billion) offer. While waiting for Sharp to clarify some of […]