Thursday, November 13, 2014
Tuesday, August 19, 2014
Tuesday, July 22, 2014
Whirlpool to Pay $1 Billion for Indesit
Whirlpool Corp., already the world's largest maker of major appliances, will acquire a majority interest in Indesit Company, based in Fabriano, Italy, for an expected purchase price of EUR 758 million/USD $1.038 billion
Whirlpool's share purchase agreements will give it a 66.8% voting stake in Indesit. Whirlpool expects the acquisition to close by the end of 2014.
The acquisition relies on three share purchase agreements made with Fineldo S.p.A., for a 42.7% stake in Indesit; with certain members of the Merloni family for a 13.2% stake in Indesit; and with Ms. Claudia Merloni, for a 4.4% stake in Indesit. This total of 60.4% of Indesit stock capital, in light of the treasury shares held by Indesit, represents a 66.8% voting stake.
Whirlpool Corp. is the world's biggest producer of major appliances and has 3013 sales of $19 billion.
Indesit operates worldwide and has leading market positions in much of Western Europe and Eastern Europe, including Russia. It had 2013 revenues of EUR 2.671 billion — approximately USD $3.6 billion.
"We believe this will ideally position us for sustainable growth in the highly competitive and increasingly global home appliance market in Europe," said Jeff M. Fettig, chairman and CEO of Whirlpool Corporation.
"We expect this transaction will enable us to create a more efficient appliance company in Europe, with increased value through improved asset utilization and complementary country positions, products, brands and distribution," said Marc Bitzer, president of North America and Europe, Middle East and Africa (EMEA) for Whirlpool.
Thank you
www.appliancedirect.com
Whirlpool's share purchase agreements will give it a 66.8% voting stake in Indesit. Whirlpool expects the acquisition to close by the end of 2014.
The acquisition relies on three share purchase agreements made with Fineldo S.p.A., for a 42.7% stake in Indesit; with certain members of the Merloni family for a 13.2% stake in Indesit; and with Ms. Claudia Merloni, for a 4.4% stake in Indesit. This total of 60.4% of Indesit stock capital, in light of the treasury shares held by Indesit, represents a 66.8% voting stake.
Whirlpool Corp. is the world's biggest producer of major appliances and has 3013 sales of $19 billion.
Indesit operates worldwide and has leading market positions in much of Western Europe and Eastern Europe, including Russia. It had 2013 revenues of EUR 2.671 billion — approximately USD $3.6 billion.
"We believe this will ideally position us for sustainable growth in the highly competitive and increasingly global home appliance market in Europe," said Jeff M. Fettig, chairman and CEO of Whirlpool Corporation.
"We expect this transaction will enable us to create a more efficient appliance company in Europe, with increased value through improved asset utilization and complementary country positions, products, brands and distribution," said Marc Bitzer, president of North America and Europe, Middle East and Africa (EMEA) for Whirlpool.
Thank you
www.appliancedirect.com
Monday, July 21, 2014
Monday, June 9, 2014
Dads to Get $663 Million in Tools and Appliances on Father's Day. So Save At Appliance Direct
APPLIANCE DIRECT ALL WEEK LONG DAD”S EVENT
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Dads to Get $663
Million in Tools and Appliances on Father's Day
Jun 6, 2014
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|
Father's Day at Appliance Direct may be the
smallest of the American gift-giving holidays, but it is still expected to
generate $663 million in spending on tools and appliances, according to the
National Retail Federation (NRF).
NRF called Father's Day a "blip on the retail sales radar" when compared to Christmas and Mother’s Day, but it's 2014 survey shows the average person will spend $113.80 on tools, electronics, and other gifts for dad, slightly down from $119.84 in 2013. Total spending for Father's Day 2014 is expected to be $12.5 billion.
“Knowing both cost and sentiment are important to their shoppers, retailers this Father’s Day will make sure to offer promotions on a variety of gift options, including home improvement items, tools and even apparel,” said NRF President and CEO Matthew Shay. “As more people look for ‘experience gifts’ with tickets to baseball games or a day on the golf course, retailers will also make sure to promote their gift cards for families hoping to create the perfect gift package.”
Gift item spending expectations for Father's Day 2014:
• $1.6 billion on electronic gifts like smartphones and tablets
• $1.8 billion on gift cards
• $663 million on tools and appliances
• $662 million on sporting goods or leisure items
• $645 million on home improvement items
• $641 million on personal care items
• $555 million on books or CDs
• $520 million on automotive accessories
The survey found that:
• 64.1% give dad a greeting card
• 41.5% give dad apparel items like neckties and sweaters, spending $1.8 billion
• 42.6% take dad on a special outing, such as dinner or a sporting event, spending $2.5 billion
Where will family members shop for dad's gift?
• 35.8% will shop at a department store
• 28.1% will shop at discount stores
• 28.4% will shop online
• 24.2% will shop at specialty stores
• 16.6% plan to shop at a local or small business
“As we saw with Valentine’s Day and Mother’s Day this year, consumers are keeping to a strict budget,” said Prosper Insight’s Consumer Insights Director Pam Goodfellow.
Nearly one-quarter of smartphone owners (23.4%) will research products and compare prices on gifts using their smartphone, and three in 10 tablet owners (30.6%) will do the same. Nearly one in five (18.2%) will purchase products with their tablet for Father’s Day so come into Appliance Direct and compare.
NRF called Father's Day a "blip on the retail sales radar" when compared to Christmas and Mother’s Day, but it's 2014 survey shows the average person will spend $113.80 on tools, electronics, and other gifts for dad, slightly down from $119.84 in 2013. Total spending for Father's Day 2014 is expected to be $12.5 billion.
“Knowing both cost and sentiment are important to their shoppers, retailers this Father’s Day will make sure to offer promotions on a variety of gift options, including home improvement items, tools and even apparel,” said NRF President and CEO Matthew Shay. “As more people look for ‘experience gifts’ with tickets to baseball games or a day on the golf course, retailers will also make sure to promote their gift cards for families hoping to create the perfect gift package.”
Gift item spending expectations for Father's Day 2014:
• $1.6 billion on electronic gifts like smartphones and tablets
• $1.8 billion on gift cards
• $663 million on tools and appliances
• $662 million on sporting goods or leisure items
• $645 million on home improvement items
• $641 million on personal care items
• $555 million on books or CDs
• $520 million on automotive accessories
The survey found that:
• 64.1% give dad a greeting card
• 41.5% give dad apparel items like neckties and sweaters, spending $1.8 billion
• 42.6% take dad on a special outing, such as dinner or a sporting event, spending $2.5 billion
Where will family members shop for dad's gift?
• 35.8% will shop at a department store
• 28.1% will shop at discount stores
• 28.4% will shop online
• 24.2% will shop at specialty stores
• 16.6% plan to shop at a local or small business
“As we saw with Valentine’s Day and Mother’s Day this year, consumers are keeping to a strict budget,” said Prosper Insight’s Consumer Insights Director Pam Goodfellow.
Nearly one-quarter of smartphone owners (23.4%) will research products and compare prices on gifts using their smartphone, and three in 10 tablet owners (30.6%) will do the same. Nearly one in five (18.2%) will purchase products with their tablet for Father’s Day so come into Appliance Direct and compare.
So Come on in to
Appliance Directs DAD’s Event All week
long #AD www.appliancedirect.com
Monday, June 2, 2014
Appliance Direct and Whirlpool A Perfect Match in the Kitchen .
MADE IN U.S.A May 31, 2014 Yes Made in
America Appliance Direct Consumers
are always searching for appliance innovations to help streamline daily tasks . On the heels of a number of Good
Housekeeping Seals in both the kitchen and laundry category, the latest ratings
from several leading consumer publications prove that features available in the
Appliance Direct Whirlpool brand's
laundry pairs are easy enough to use and sophisticated enough to get the job done
well.
Appliance
Direct with Whirlpool® are
committed to designing innovative technology to improve the lives of their
consumers and allow them to get the most from their appliances. Whirlpool's
recent top-rated front load washers offer high-performance cleaning with the
shortest available cycle time among recommended front load washers tested by a
leading consumer magazine aviable at Appliance Direct .* Thanks to the Adaptive
Clean Wash System with Precision Dispense available in the appliance
direct Whirlpool brand Duet® washer, clothes will look newer for
longer.** Even better the Duet® dryer
will help preserve the perfect fit with advance Moisture Sensing, which helps
determine when everything is perfectly dry, helping save time and energy.
"Appliance
Direct with Whirlpool continues to always listen to our consumers first, which
is why we believe our products continue to resonate with our customers,"
said Tanu Grewal,
senior brand manager, Whirlpool brand. "Whirlpool has been at the
forefront of consumer appliance brands for more than 100 years and will remain
in pursuit of that tradition as we introduce new technologies. With streamlined
controls and intuitive features, Whirlpool brand appliances are 'designed to
simplify' life; in other words – they are so advanced, they are uncomplicated."
Appliance
Direct Sells Whirlpool Brands in all its Locations. Here is some info about
Whirlpool Below
About
Whirlpool Brand
Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $18 billion in 2012, 68,000 employees and 65 manufacturing and technology research centers around the world. Whirlpool Brand is committed to advancing technology in ways consumers want and need it, creating simple solutions that optimize productivity and efficiency in the home. In addition to designing appliance solutions based on consumer insight, Whirlpool is one of Habitat for Humanity's largest corporate partners, donating a refrigerator and range to every new Habitat for Humanity home built in North America. For more information on Whirlpool Brand and Appliance Direct , please visit www.appliancedirect.com or find us on Facebook at www.facebook.com/appliancedirect.
Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $18 billion in 2012, 68,000 employees and 65 manufacturing and technology research centers around the world. Whirlpool Brand is committed to advancing technology in ways consumers want and need it, creating simple solutions that optimize productivity and efficiency in the home. In addition to designing appliance solutions based on consumer insight, Whirlpool is one of Habitat for Humanity's largest corporate partners, donating a refrigerator and range to every new Habitat for Humanity home built in North America. For more information on Whirlpool Brand and Appliance Direct , please visit www.appliancedirect.com or find us on Facebook at www.facebook.com/appliancedirect.
#ad #appliancedirect #whirlpool
Tuesday, May 13, 2014
New Washing Machine with Matching Dryer Save time and Money With AD
APPLIANCE DIRECT
Presents
The High Efficiency Maytag Top Loaders
MVWC425BW
– Top load washer featuring:
·
3.8
cu. ft. capacity
·
High
Efficiency
·
Fountain
Impeller
·
Stainless
Steel Wash Basket
·
CEE
Tier 3 Energy Star Certified
·
Cold
Wash Cycle
·
PowerWash
Cycle
·
800
RPM Max Spin Speed
·
5
Selectable Wash Temperatures
Retail - 649.99 AD – 497.77
MEDC300BW
·
7.0
cu. ft. dryer capacity
·
12
Dryer Cycles
·
4
Temperature Settings
·
Wrinkle
Prevent Option
·
Maytag
Commercial Technology
·
Interior
Drum Light
·
IntelliDry
Sensor
Retail - 549.99 AD – 497.77
Rebate -$100.00
Get this
set for a total of $895.54
After
Rebates from Maytag.
Wednesday, May 7, 2014
Mothers Day at Appliance Direct Thank you to all the Mothers
May Is
Mothers Month at Appliance Direct we have a great Mom’s Maytag Package for all
the hard working mothers out there.
Appliance Direct
presents Maytag month for MOM’s.
We all have
one and we all have always held them up on a pedestal our mothers most of the
time well heck all the time they are the glue that holds the house together. Working, cooking, wiping our boogers as
children from our nose’s or changing our diapers daily when we were little babies and
they never thought twice about it they are and they were always there like a
rock. Our moms deserve and little rest
and relaxing this Sunday you and I know they have earned it big time.
Mother’s
Day is really every day but this Sunday when you sit around with your family
and friends make sure you give thanks to all mother’s you see or meet this
weekend to let them know we are thankfully
for all their hard work and efforts over the years . We at Appliance Direct
will be thanking all mothers at all of our locations this weekend with a couple
different things you will have to stop by to find out what it is.
You could also stop by and have a look at our
mothers MAYTAG Package the best and fastest way to update your kitchen. Best thing about this package is that it lasts
all month long. So All the MOTHERS OUT THERE here are a couple time saving
appliances and just really nice looking
appliances for you on your day.
#Appliancedirect
Refrigerator by Maytag 26 Cubic Foot
Stainless Steel French Door
Refrigerator with 2x Life Refrigerator Compressor.
Model # MFT2673BEM
Range by MAYTAG 5.3 Cubic Foot
Stainless Steel Electric Range with Two Dual Choice Elements.
Model # MER7685BS
Dishwasher by MAYTAG
24-in 53-Decibel Built-In Dishwasher with Hard Food Disposer and Stainless
Steel Tub.
Model # MDB7749SBM
Microwave by Maytag 2.0 Cubic Foot
Stainless Steel Over the Range Microwave.
Model # MMV4206BS
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