News

HCN Stock Watch: Lost ground on Thursday

BY HBSDEALER Staff

The bears beat the bulls on Wall Street yesterday as the majority of stocks tracked by HCN showed declines, including UFPI down 3%.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

Monthly sales up marginally in August

BY HBSDealer Staff

Advance adjusted estimates of August retail and food service sales came in at $426.6 billion, up 0.2% from July and 4.7% above Aug. 2012, the U.S. Census Bureau reports.

Specifically, retail trade sales matched overall figures with a 0.2% increase over July and a 4.8% gain year-over-year.

Adjusted sales for building material and garden equipment and supplies dealers (NAICS 444) were at $26.23 million for August, down from July’s $26.48 million. All in all, the category suffered the greatest monthly decline at 0.9%.

The figures are adjusted for seasonal variation and for holiday and trading day differences, but not for price changes.

The biggest winners on a month-over-month basis were miscellaneous store retailers (NAICS 453) and auto & motor vehicle dealers (4411, 4412) with a 1.0% gain. 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

Gree recalls 12 brands of dehumidifiers

BY HBSDealer Staff

Gree Electric Appliances of China is recalling 12 brands of dehumidifiers due to serious fire and burn hazards, according to the U.S. Consumer Product Safety Commission (USCPSC).

The announcement cited 165 incident reports, including 46 fires and $2.15 million in property damage. No injuries have been reported.

The dehumidifiers can overheat, smoke and catch fire, posing fire and burn hazards to consumers, according to the recall announcement. 

This recall involves 20, 25, 30, 40, 45, 50, 65 and 70-pint dehumidifiers with brand names Danby, De’Longhi, Fedders, Fellini, Frigidaire, Gree, Kenmore, Norpole, Premiere, Seabreeze, SoleusAir and SuperClima.

The recall affects about 2.2 million products in the United States and 52,500 in Canada. The long list of model numbers can be found at the USCPSC site here.

The products were sold at retailers including Home Depot, Kmart, Lowe’s, Menards, Mills Fleet Farm, Sears and other stores nationwide and in Canada, and online at Amazon.com and Ebay.com, from January 2005 through August 2013 for between $110 and $400.

keyboard_arrow_downCOMMENTS

Leave a Reply

W.LIM says:
Aug-04-2014 02:06 am

Wow,, so devastating,, good
Wow,, so devastating,, good that I haven't purchase yet, in fact I supposed to buy Seabreeze which I just only known now that they have been affected in the issues why recalls has been made. For sure once the problem is fix there will be a changes for the product name perhaps or a full re-branding of its original product name. Hopefully, what ever it takes they can figure this out, and whatever products they may have soon must be in a full year round of testing before they let it out in the market, otherwise, if I have made my purchased for that product,, maybe I was the one of those complaining.

Regards.
Wilson Lim
"works at http://eatmywords.com/, a business startup firm"

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?