Houseware

Newell Brands will slash about 7% of its office roles and pare down its real-estate footprint in an organizational realignment.The Atlanta-based maker of Rubbermaid and Sharpie said it expected to realize annual pretax savings of $65 million to $90 million net of reinvestment, the majority of which is expected this year.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Newell Brandswill slash about 7% of its office roles and pare down its real-estate footprint in an…

A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production. A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an…

John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But first, he had to get the job. Here’s the path he took to get there. John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But first, he had to get the job. Here’s the path he took to get there. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

Owners are using technology, training and fixed tipping to address staff turnover and shortages. Owners are using technology, training and fixed tipping to address staff turnover and shortages. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

Tupperware products became available in 1946 when chemist Earl Tupper first offered a plastic container with an airtight lid. Photo: Nicolas Maeterlinck/Zuma Press…

Uber Eats is taking thousands of online-only brands off its app this week out of concern that the platform is getting clogged by restaurants listing multiple delivery options with different names but the same menu. The number of virtual brands on Uber Technologies Inc.’s UBER -0.08% Uber Eats quadrupled to more than 40,000 this year from over 10,000 in 2021. They now account for 8% of Uber Eats’ storefronts listed in the U.S. and Canada but less than 2% of bookings in…

U.S. companies from truck maker Oshkosh Corp. to consumer-goods conglomerate Newell Brands Inc. are moving away from “last-in, first-out” accounting, or LIFO, for their inventory, as inflation continues to pressure businesses’ earnings.Elevated inflation has weighed on companies’ earnings over the past two years, and economists expect it to remain above recent norms at least through this year. The producer-price index, a closely watched gauge of inflation at the…

​ Stanley Black & Decker Inc. SWK 1.22% said it is closing factories in Texas and South Carolina, relocating some operations to Tennessee facilities as the company revamps its manufacturing and distribution network.The Connecticut-based tool maker said the moves would affect the jobs of 357 employees. Eighty jobs will be added in Tennessee, the company said.  “These actions are aligned to the transformation strategy designed to deliver $2 billion of cost savings and…

Software-as-a-Service (SaaS) startup Houseware has received seed funding of $2.1 million, led by Singapore-based venture capital firm Tanglin Venture Partners.Other participating investors include early-stage investors GTMfund and Better Capital, and undisclosed angel investors from SaaS businesses such as Snowflake, Stripe, Carta, Zendesk and Superhuman.Houseware will use the funds to grow its customer base, expand the team, and double down on alliances with partners like Snowflake to scale its offerings, the company…

Stanley Black & Decker makes power drills and other tools. Photo: David Paul Morris/Bloomberg News…