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Grohe renews breast cancer initiative

BY HBSDealer Staff

Grohe is renewing its commitment to the fight against breast cancer through the launch of its fifth HopeFlows…30 Minutes at a Time program.

"We are proud to partner with BCRF, which has a stellar record in identifying and funding the most advanced global research projects and are thankful for the enthusiastic support of our showrooms and online partners," says Cheryl Dixon, head of brand and trade marketing for Grohe America. "Women in every part of the world are at risk for this dreaded disease – our families, our employees, our partners and our customers. As a truly international company, we must be concerned and committed and above all, optimistic."

Through the promotion, which starts in October and continues through November, Grohe will donate $25 to the Breast Cancer Research Foundation for each purchase of a Grohe GROHE Ladylux³ Cafe Touch Faucet, as well as an additional $10 for purchases of the Power&Soul Showerhead or pink Rainshower Icon Hand Shower.

Purchases can be made in participating showrooms across the country. Customers who wish to donate directly to the BCRF can do so via Grohe’s Hope Flows website.

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Soraa founder wins Nobel Prize for LED innovations

BY HBSDealer Staff

Dr. Shuji Nakamura, founder of LED technology company Soraa, has been awarded the 2014 Nobel Prize in Physics for his blue light emitting diode invention.

Nakamura, together with professors Dr. Steven DenBaars and Dr. James Speck, joined forces in 2007 to figure out how to bring GaN LED technology to the market, riding on the assumption that GaN LEDs would produce more light and be more cost-effective in that they wouldn’t rely on foreign substrates like sapphire or silicon carbide.

The Nobel committee said Nakamura’s invention “has enabled bright and energy-saving white light sources," emitting the most light of any type of LED and handling more electric current.

“I am very honored to receive the Nobel Prize from The Royal Swedish Academy of Science for my invention of the blue LED,” said Nakamura. “It is very satisfying to see that my dream of LED lighting has become a reality. I hope that energy-efficient LED light bulbs will help reduce energy use and lower the cost of lighting worldwide, and that is why we founded Soraa.”

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Analysts already expect a stronger Christmas

BY HBSDealer Staff

The big-box home improvement retailers are beginning to make room for holiday merchandise.

And as they make the transition, and independents follow the path to Christmas lights and lawn ornaments, The National Retail Federation served a bit of holiday cheer in early October.

The association announced that it expects sales in November and December (excluding autos, gas and restaurant sales) to increase a healthy 4.1%  to $616.9 billion, higher than 2013’s actual 3.1% increase during that same time frame.

Holiday sales on average have grown 2.9% over the past 10 years, including 2014’s estimates, and are expected to represent approximately 19.2% of the retail industry’s annual sales of $3.2 trillion. This would mark the first time since 2011 that holiday sales would increase more than 4%.

Online retailers are expected to have even more to celebrate. Shop.org today released its 2014 online holiday sales forecast, expecting sales in November and December to grow between 8% and 11% over last holiday season to as much as $105 billion.

Shop.org forecasts sales based on government data including, consumer credit, disposable personal income, and previous monthly retail sales releases. Holiday non-store sales in 2013 grew 8.6%.

“Retailers could see a welcome boost in holiday shopping, giving some companies the shot in the arm they need after a volatile first half of the year and an uneventful summer,” said NRF President and CEO Matthew Shay. “While expectations for sales growth are upbeat, it goes without saying there still remains some uneasiness and anxiety among consumers when it comes to their purchase decisions. The lagging economic recovery, though improving, is still top of mind for many Americans.

“Recognizing the need to keep household budgets in line, we expect shoppers will be extremely price sensitive as they have been for quite some time. Retailers will respond by differentiating themselves and touting price, value and exclusivity,” continued Shay.

 

NRF’s holiday sales forecast is based on an economic model using several indicators including, consumer credit, disposable personal income, and previous monthly retail sales releases. It now includes the non-store category (direct-to-consumer, kiosks and online sales).

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