Appliance Recycling Centers of America, Inc., incorporated on June 27, 1983, is engaged in the business of selling and recycling household appliances in North America. The Company has two segments: recycling and retail. The Company sells household appliances in the United States though its chain of Company-owned retail stores, operating under the name ApplianceSmart. ApplianceSmart operates 18 stores, which include six in the Minneapolis/St. Paul market; a store in Rochester, Minnesota; a store in St. Cloud, Minnesota; four in the Columbus, Ohio market; four in the Atlanta, Georgia market, and two in the San Antonio, Texas market. Its recycling segment focuses on collecting, recycling and installing appliances for utilities and other customers. Its recycling segment also focuses on the agreement with General Electric (GE). GE sells its recyclable appliances in certain regions of the United States to the Company, and the Company collects, processes and recycles the appliances. These appliances include units manufactured by GE, as well as by other manufacturers. The Company's retail segment focuses on the sale of appliances through ApplianceSmart stores. ...
+See More2018-09-03 09:31:00 Monday ET
Amazon follows Apple to become the second American public corporation to hit $1 trillion stock market valuation. Amazon's founder and chairman Jeff Bezo
2018-12-21 11:39:00 Friday ET
The Internet and telecom conglomerate SoftBank Group raises $23 billion in the biggest IPO in Japan. Going public is part of the major corporate move away f
2019-06-15 10:28:00 Saturday ET
The Sino-American trade war may slash global GDP by $600 billion. If the Trump administration imposes tariffs on all the Chinese imports and China retaliate
2020-05-21 11:30:00 Thursday ET
Most blue-ocean strategists shift fundamental focus from current competitors to alternative non-customers with new market space. W. Chan Kim and Renee Ma
2019-03-17 14:35:00 Sunday ET
U.S. trade rep Robert Lighthizer proposes America to require regular touchpoints to ensure Sino-U.S. trade deal enforcement. America has to maintain the thr
2023-02-28 11:30:00 Tuesday ET
The Biden Inflation Reduction Act is central to modern world capitalism. As of 2022-2023, global inflation has gradually declined from the peak of 9.8% d