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Whirlpool appoints Safeway exec to board of directors

BY HBSDealer Staff

Whirlpool has appointed Diane Dietz, executive VP and chief marketing officer of Safeway, to its board of directors, effective immediately.

"Diane Dietz’s history of leadership in the consumer products industry makes her an outstanding addition to our board," said Jeff Fettig, Whirlpool chairman and CEO. "We know her breadth of experience in driving sales and building successful brands will be invaluable to our board of directors and Whirlpool Corporation." 

Dietz, 46, has served as executive VP and chief marketing officer of Safeway since 2008, where she oversees the company’s marketing, merchandising, manufacturing and distribution organizations. She joined Safeway from The Procter and Gamble Co.

Dietz holds a bachelor’s degree in Marketing and Economics from Northern Illinois University.

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Apr-02-2013 10:18 am

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WORX accepts award from unusual source

BY Ken Clark

The World Wildlife Fund recognized Charlotte, N.C.-based WORX Yard Tools USA for its environmentally progressive manufacturing facility in China. 

WORX, a division of Positec Group, was presented a Platinum Low Carbon Award for sustainable manufacturing by the WWF. The award acknowledges the WORX manufacturing facility in China for its low carbon footprint.

“It’s an honor to be recognized by the World Wildlife Fund organization,” said Tom Duncan, president of Positec Group. “We strive to do our part in our commitment to the environment, and we encourage other manufacturers to direct their support to this area as well.”

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Lumber Liquidators sees sales surge

BY Ken Clark

Toano, Va.-based Lumber Liquidators reported a 20.8% sale surge in the fourth quarter to $210.7 million, up from $174.5 million in the same quarter last year.

“We delivered a record quarter, in total net sales, gross and operating margin, net income and free cash flow,” said Robert Lynch, president and CEO. “We were particularly pleased with the increases in both traffic and ticket as the broadening of our advertising and branding message resonated with a larger population of flooring customers.” 

Comp-store sales increased 13.2% for the quarter, driven by a 9.1% increase in the number of customers invoiced and a 3.9% increase in the average sale.

Net income for the quarter increased 63.2% to $13.8 million, up from $8.5 million. 

For the full year, sales increased 19.3% to $813.3 million on sales of $77.2 million. Comp-store sales for the year increased 11.4%.

As of Dec. 31, the company operated 288 stores, including four stores opened during the fourth quarter of 2012, for a total of 25 stores opened during the year.

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