In answer to the question my colleague Nikki Sein posed, “Can things get worse for the cruise ship industry?” If Costa Cruises’ most recent debacle is any indication, the answer […]
This month nutritional products retailer Vitamin Shoppe announced the appointment of Colin Watts as its new CEO. Watts, who will join the retailer on April 6, is succeeding Tony Truesdale, who’s retiring in June. A veteran executive in the consumer products and healthcare industries, Watts was most recently president of Weight Watchers Health Solutions. He has also held leadership positions at Walgreen, McNeil Consumer Healthcare, and Campbell Soup.
February 16, 2015
In an update last week, D&B Editor Christian Hudspeth explained why “simply put, business has been good” for Lennar Corporation over the past five years. The homebuilder, one of the largest in the US, has benefitted from affordable home prices, low interest rates, and a strengthening economy. Its new home deliveries jumped some 15% in fiscal 2014, while the average sales prices rose 12%. Lennar has seen revenue increase from some $3.1 billion in fiscal 2010 to $7.8 billion in fiscal 2014. Follow Christian on Twitter.
March 2, 2015
Build-outs of faster 4G mobile networks in emerging markets are driving growth in the telecommunications equipment industry. While construction of 4G networks is mostly complete in the US, Japan, and South Korea, the technology is just coming to much of Eastern Europe, Latin America, and Africa, according to Gartner. As a result, worldwide wireless telecom equipment spending is expected to rise 5 percent this year, according to Bernstein Research. For more trends, please see our Telecommunications Equipment Manufacturing industry profile.