• About
  • Advertise
  • Careers
  • Contact
Thursday, March 4, 2021
No Result
View All Result
NEWSLETTER
NOQ Report - Conservative Christian News, Opinions, and Quotes
  • Home
    • News
    • Opinions
    • Quotes
  • U.S. News
    • Economy
    • Guns and Crime
    • Military
  • World
    • Africa
    • The Americas
    • Asia
    • EU
    • Middle East
    • Pacific
    • Terrorism
  • Politics
    • Election 2020
    • Candidate Spotlight
    • Republicans
    • Democrats
    • Libertarians
    • Foreign Affairs
    • Legislation
    • Judiciary
    • Conservatism
    • Federalism
    • State and Local
  • Culture
    • Religion
    • Biblical Messages
    • Education
    • Entertainment and Sports
    • News Media
    • Immigration
    • Philanthopy
  • Tech
    • Big Tech
    • Cybersecurity
    • Healthcare
    • Science
    • Automotive
    • Gadgets
  • Offbeat
    • Conspiracy Theory
    • Fiction
    • Reviews
    • Satire
  • Home
    • News
    • Opinions
    • Quotes
  • U.S. News
    • Economy
    • Guns and Crime
    • Military
  • World
    • Africa
    • The Americas
    • Asia
    • EU
    • Middle East
    • Pacific
    • Terrorism
  • Politics
    • Election 2020
    • Candidate Spotlight
    • Republicans
    • Democrats
    • Libertarians
    • Foreign Affairs
    • Legislation
    • Judiciary
    • Conservatism
    • Federalism
    • State and Local
  • Culture
    • Religion
    • Biblical Messages
    • Education
    • Entertainment and Sports
    • News Media
    • Immigration
    • Philanthopy
  • Tech
    • Big Tech
    • Cybersecurity
    • Healthcare
    • Science
    • Automotive
    • Gadgets
  • Offbeat
    • Conspiracy Theory
    • Fiction
    • Reviews
    • Satire
No Result
View All Result
NOQ Report - Conservative Christian News, Opinions, and Quotes
No Result
View All Result
Learn more about RevenueStripe...
Home U.S. News Economy

Sears and Whirlpool: Longtime appliance marriage coming to an end

by Chastity Mansfield
October 24, 2017
in Economy, News, U.S. News


Share the truth

If eCommerce killed one thing, it’s big box stores. If it killed two things, it’s the value of exclusive deals and long-lasting relationships between big-ticket merchandise and retailers. Sears and Whirlpool, who have been together for a century, are finally calling it quits.
Like other relationships that tragically ended after decades, this was one where we could all see them drifting apart. When the deal was finally severed, Sears only accounted for 3% of Whirlpool’s sales.
Both companies took hits on Wall Street with Whirlpool taking the brunt of it. Both companies are pointing at each other as more at fault in the breakup.
“Whirlpool has sought to use its dominant position in the marketplace to make demands that would have prohibited us from offering Whirlpool products to our members at a reasonable price,” Sears said in the memo.
Investors have been getting antsy with Whirlpool for a while as they’re losing ground with more affordable appliances taking market share. To counter it, they are reducing expenses by an additional $150 million on top of preexisting cost-shaving efforts.

Further Reading

Sears won’t sell Whirlpool appliances anymore; brands split after 100 years – Chicago Tribune

http://www.chicagotribune.com/business/ct-sears-whirlpool-appliances-20171024-story.htmlWhirlpool informed Hoffman Estates-based Sears in May of its decision to stop providing products, Chief Executive Officer Marc Bitzer said Tuesday on an earnings conference call. Sears represents about 3 percent of global revenue for Whirlpool, which is in the process of shipping its inventory to other vendors.

“In terms of the impact of shifting that, to be honest it’s not a whole lot,” Bitzer said. He declined to give details on why the companies couldn’t come to terms.


Share the truth
Tags: BusinessSearsWhirlpool
Fight Fake News Fight Fake News Fight Fake News

Chastity Mansfield

I'm a writer, an amateur designer, and a collector of trinkets that nobody else wants. I wrote a book back in the days when Amazon was just a river. Now I specialize in foreign relations and Middle East news.

Next Post

Now math is too White, next it will be light is too White

Leave a Reply Cancel reply


Follow NOQ Report on
NOQ Report on Gab
NOQ Report on Telegram
NOQ Report on Parler

Learn more about RevenueStripe...

Freedom First Coffee
Mixi.Media News

Best conservative news aggregators in no particular order...

  • The Liberty Daily
  • Uncanceled News
  • Citizen Free Press
  • Populist Press
  • Conservative Playlist
  • Revolver News
  • Press California

RSS The Federalist

  • The Cancellation Of Dr. Seuss Is No Joke — It’s A Cultural Revolution
  • CPAC Stage Critics Attacked As A ‘Nazi Symbol’ Was Designed By ‘Very Liberal’ Organization
  • Cuomo Refuses To Resign Among Growing COVID Scandal And Sexual Harassment Allegations
  • Why I Was Wrong A Year Ago About Closing Schools
  • Republicans Ramp Up Opposition To Biden’s ‘Radical’ HHS Pick Xavier Becerra After Tie Confirmation Vote

RSS The Blaze

  • Neighborhood bands together to guard Asian-American family's home after months of racist attacks
  • Alabama Senate passes bill that would ban hormone therapy, surgery for transgender minors
  • Police officer under investigation over video of alleged abuse of K-9 dog
  • How things fell apart: Jordan Peterson talks dependency, recovery & what really happened
  • Finance Fascists: The Credit Chokehold That Will Bankrupt America

RSS PJ Media

  • 'Vial of Death': Farrakhan Posts Videos on Social Media Spinning Vaccine Conspiracy Theories
  • House Energy and Commerce Committee Unveils 981-Page Clean-Energy' Bill
  • The Morning Briefing: Democrats' HR 1 Is a Force Multiplier for Election Fraud
  • Trumpism Without Trump?
  • House Passes Bill Gutting Election Integrity, Free Political Speech

RSS National File

  • Rep. Lance Gooden Mistakenly Votes ‘Aye’ On George Floyd Bill, Immediately Corrects Record And Slams ‘Radical Left, Anti-Police’ Legislation
  • VIDEO: White House Abruptly Cuts Off Live Feed After Biden Says He Wants To Take Audience Questions
  • VIDEO: Dem Lawmaker Opposes Arizona Bill That Raises Sentences For Pedophiles Because It Would Hurt ‘People Of Color’
  • Alabama Senate Votes to Ban Transgender ‘Treatment’ of Children
  • Trump Plans 2024 Presidential Run WITHOUT Mike Pence After January 6 Betrayal – Report

RSS Townhall

  • Form Over Substance
  • The GOP Is Not Going to Divide Over Gay Republicans
  • Is Democracy About to Die in Darkness?
  • Shocker: Liberal Media Coddles Joe and Kamala, Divides Americans
  • The Elephant in the Room

RSS RedState

  • Biden Says He's 'Happy to Take Questions,' That's When Things Went Very Wrong
  • Ferguson Activists Demand BLM Give Them $20 Million of Its $90 Million 2020 Take
  • Former ICE Advisor Alerts People to Troubling Change Made by Biden Team
  • Professor at NYU: 'If You're Black, You're Not Safe in U.S. Schools'
  • Noted Furry Beto O'Rourke Supplies the Dumbest, Most Hysterical Take on Texas Reopening

RSS Daily Signal

  • Sen. Marsha Blackburn Fears What Women Stand to Lose If Equality Act Becomes Law
  • California Reopening Plan ‘Propagates Racism,’ LA Teachers Union Says
  • Blowing 4 Factual Holes in the Biden Gun Control Agenda
  • Too Many Deny the True Evils of Communism
  • Biden Proposes to Expand Obamacare

RSS Twitchy

  • OOF! NYT blue-check who wants states defying CDC COVID guidelines PUNISHED learns the hard way why you do NOT mess with Texas
  • BEFORE AND AFTER: The Pittsburgh Penguins appear to have photoshopped masks onto fans
  • 'Neanderthal thinking? LOL!' Twitter 'celebrates' 1-year-anniversary of Eric Swalwell's CRINGIEST tweet ever (and it's still there!)
  • 'Completely out of touch': Jennifer Granholm touts her electric car that drives on 'sunshine'
  • China now using anal swab Covid-19 tests for foreign travelers
  • About
  • Advertise
  • Careers
  • Contact

© 2020 NOQ Report

No Result
View All Result
  • Home
  • Politics
  • Science

© 2020 NOQ Report