Monthly Archives: Июль 2015

Sears recalls Kenmore fan heaters over fire, burn hazards

Sears recalls Kenmore fan heaters over fire, burn hazards

WASHINGTON — Sears Holdings Corp (SHLD.O) has recalled about 42,500 Kenmore oscillating fan heaters after reports some of them overheated and caused injuries, the Consumer Product Safety Commission said on Wednesday.

Broken motor mounts can cause the fan heaters to overheat and catch fire, the CPSC said in a statement on its website.

Sears and its Kmart unit have received seven reports of the heaters smoking or catching fire. Read more »

Global auto sales forecast rosy, with reservations, for 2014

Global auto sales forecast rosy, with reservations, for 2014

DETROIT — Automakers are upbeat about global auto sales this year despite fears of a slowdown in the United States, which generates big profits and where sales have surged 50 percent since the recession.

Europe is expected to begin bouncing back from its 20-year lows and China, the world’s largest auto market, will likely continue to post double-digit gains, helped by an array of stimulus measures and robust demand in smaller inland cities. Read more »

For J.C. Penney, e-commerce is no easy fix

For J.C. Penney, e-commerce is no easy fix


First the good news for J.C. Penney Co Inc (JCP.N): online sales rose 26.3 percent during the holiday quarter.

Now the bad: the surge mostly reflects how far the one-time e-commerce pioneer has fallen.

The U.S. department store chain started offering e-commerce in 1995, long before most large retailers, the benefit of also operating a big catalog business until 2011.

Read more »

Wal-Mart to upgrade China vendor compliance after state TV criticism

Wal-Mart to upgrade China vendor compliance after state TV criticism

HONG KONG — U.S. retailer Wal-Mart Stores Inc (WMT.N) said on Wednesday it will upgrade its vendor compliance process in China, requiring more documentation and making use of a computer-based system to help suppliers manage associated paperwork.

The announcement came after state-owned China Central Television (CCTV) criticized the world’s No. Read more »