Rayovac boosts the mobile power trend
There’s news in the battery aisle with the introduction of Rayovac’s portable mobile charging devices.
The division of Spectrum Brands will unveil its lineup of charging devices at CES Unveiled New York.
Rayovac’s new offerings include the 7 Hour Power Recharge mobile device charger, the Phone Boost 800 mobile device charger, Power Packs and Car and Wall USB Power Chargers, each providing users with improved power and performance.
The new Rayovac products feature sleeker, smaller designs, the company said.
“Consumers today are relying on mobile devices in almost every aspect of their lives,” said Harrison Smiddy, senior director of marketing at Rayovac. “Rayovac has developed a line of rechargeable portable devices that have been designed to help consumers stay connected at all times via their most important devices. We are very excited to have the opportunity to showcase our latest advancements to a global audience here at the Consumer Electronics Show.”
AHMA sees confidence decline in October
The American Hardware Manufacturers Association (AHMA) reported a decline in industry confidence for the month of October.
A survey of AHMA members revealed fewer companies reporting higher sales. In comparing current sales levels with year-ago levels, 70% of respondents said sales were higher in October versus year-ago levels, down from 75% in September. For October, 17% reported sales were even, and 13% said sales were below year-ago levels.
“Given the uncertain economic environment in the first few weeks of October resulting from the partial government shutdown, we are encouraged by the continuing high level of sales growth being generated by our members,” said Timothy S. Farrell, president and CEO of the AHMA.
Looking forward six months, 48% of October respondents said they expect sales to be above current levels, down from 63% in September. In October, 48% of respondents said they expect sales to be even in six months and 4% expect sales to be below current levels.
D.R. Horton elects David Auld as COO
D.R. Horton, Inc. has promoted David Auld to the position of EVP and COO, where he will oversee the company’s homebuilding regions and help guide its operations.
Auld has been with the company since 1988, joining initially as president of the Orlando division. He was promoted to president of the company’s East region in 2005. His resume also includes stints with Texas American Bank and General Dynamics.
“We welcome David to the new position of Chief Operating Officer," said Donald Horton, chairman of the board. "He has been an influential leader on our D.R. Horton team for 25 years, and his performance as both a division and region president made this an easy decision. His strong financial background and his extensive experience in homebuilding operations will strengthen our executive team.”
“David has been instrumental in leading our East Region for the past eight years and is an integral part of the D.R. Horton team," said president and CEO Donald Tomnitz. "We are very fortunate to have the depth and breadth of his leadership in our organization, and I am excited for David in his new role within the Company."