Cookware
CBA Launches Committees in Fall Meeting
The Cookware and Bakeware Alliance announced that the recent Fall Member Meeting was a tremendous success.
The meeting was a true embodiment of the theme, “Committees in Action.” There was an impressive turnout and the initial committee meetings proved to be highly productive.
The successful launch of committees marks a significant step forward for the CBA. The committees were formed to align with the four pillars of the CBA: Engineering, Engagement, Education and Expertise with subcommittees being formed as needed.
“Our members’ dedication and commitment were clearly evident throughout the event, and we’re excited to continue this momentum into the upcoming year,” commented CBA Managing Director, Fran Groesbeck.
During the meeting, the announcement was made that the Spring Member Meeting is scheduled for April 10-12, 2024 in Orlando, Fla.
An important change was made to the member types:
General Membership remains as the primary membership type, for those engaged in the manufacture for sale of cooking and/or baking utensils or accessories.
Associate Membership is a new membership level, for those who don’t yet meet the criteria of a General member, allowing them to still participate and advance to a General member in the future.
Supplier Membership remains for those engaged in supplying to or supporting the manufacture of cooking and/or baking utensils or accessories.
Retailer Membership is an updated membership level (formerly Industry Relations), for companies engaged in the sale of cookware and/or bakeware.
The CBA is regarded as a vital housewares trade association, delivering critical industry resources and serves as a voice of authority and influence uniting the industry by setting engineering standards for product and consumer safety. CBA members have a voice in how the standards are developed to help make cookware and bakeware products safe for the consumer.
For more news of interest to the housewares industry, subscribe to Kitchenware News & Housewares Review.
Overstock Changing Corporate Name to Beyond Inc.
Overstock.com, Inc, which operates as Bed Bath & Beyond, will change its corporate name to Beyond, Inc. effective Nov. 6. With the corporate name change, the company will transfer its stock listing from the Nasdaq Global Market to the New York Stock Exchange and change its ticker symbol from OSTK to BYON.
Following the corporate name change, Beyond, Inc. will continue to operate its furniture and home furnishings ecommerce business under the Bed Bath & Beyond brand.
On June 28, Overstock.com, Inc. acquired the Bed Bath & Beyond brand and associated intellectual property. Overstock was rebranded as Bed Bath & Beyond, launching bedbathandbeyond.ca (formerly overstock.ca) in Canada on June 29, followed by bedbathandbeyond.com (formerly overstock.com) and the brand’s new mobile app in the United States on Aug. 1. Bed Bath & Beyond sells a broad array of high quality, on-trend home products at competitive prices, including furniture, bedding and bath, patio and outdoor, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement and more.
“Changing our corporate name to Beyond, Inc. sets us up well for a brighter future,” said Jonathan Johnson, chief executive officer. “As we continue the process of transforming our consumer brand, our new corporate name will help us reach millions of new customers with our advantageous and differentiated, asset-light ecommerce business model. The name ‘Beyond’ emphasizes our commitment to connect new and legacy customers with a wide assortment of products and services.
“Since our founding in 1999, the company has focused on bringing technical expertise to ecommerce and providing a simple and easy experience for consumers and supplier partners. We expect the corporate name change to enhance the awareness of our iconic consumer brand, Bed Bath & Beyond.”
Overstock.com, Inc. will continue to trade on the NASDAQ with ticker symbol OSTK until the close of market on Friday, Nov. 3. Beyond, Inc. will begin trading on the NYSE with ticker symbol BYON when markets open on Monday, Nov. 6. On that day, to celebrate the transfer, representatives of Beyond, Inc. will ring the NYSE Opening Bell at 9:30 a.m. ET.
“We are grateful to NASDAQ for their partnership and support over the years,” Johnson said. “We are thankful to the NYSE for welcoming us to its prestigious platform. We are excited to join many of the world’s biggest consumer brands, as we begin a new chapter in our corporate transformation.”
“We are thrilled to welcome Beyond, Inc. to the New York Stock Exchange,” said Lynn Martin, NYSE President. “Under its new name, Beyond, Inc. joins a world-class community of peers in the retail space at its new listing home, where it can leverage the visibility, unmatched trading platform and other advantages only found at the NYSE.”
For more news of interest to the home furnishings industry, subscribe to Kitchenware News & Housewares Review.
Reynolds Consumer Products Appoints Huckins as CFO
Reynolds Consumer Products Inc. has appointed Scott E. Huckins as the company’s chief financial officer, effective Nov. 13. He is the successor to Michael Graham, who will then shift to an advisory role until his retirement in February.
“We are excited for Scott to join us as CFO as we continue to provide products that simplify daily life for consumers. He brings extensive experience in leading finance at consumer staples and publicly traded companies – most recently as CFO at SunOpta, where he demonstrated his expertise in P&L management. During this time, he also served a dual role as general manager for the turnaround of one of SunOpta’s business units, further exhibiting his strength as a business leader. I look forward to working with Scott, who will lead our financial team as we continue to focus on growth and operational excellence,” said Lance Mitchell, chief executive officer.
Mitchell added, “We extend our sincere gratitude to Michael Graham for his leadership over many years. From carefully managing our resources, to developing a strong Finance team, to his role in taking the company public, his contributions have truly made RCP successful. We look forward to a smooth transition and wish Michael all the best in his retirement.”
Huckins brings extensive experience to the company. He most recently served as the CFO of SunOpta, Inc., since 2019, where he was instrumental in contributing to substantial revenue and earnings growth through significant operational focus and portfolio prioritization. Serving in the additional role of general manager for SunOpta’s fruit business unit, he helped to drive overall success of the business from 2021 to 2022. He also led the 2020 sale of the global ingredients segment, SunOpta’s largest business unit at the time.
Huckins previously served as CFO of Claire’s Stores, Inc., from 2016 to 2019, which included leading recapitalization and business consolidation initiatives, followed by a change of ownership.
Prior to Claire’s, Huckins was with Sears Holdings from 2012 to 2016, as vice president – treasurer, and president of Sears Reinsurance Company, Ltd. In his previous role, he served at RSC Holdings, Inc., as vice president of Treasury, Tax, and Investor Relations. He also formerly served as principal at Pioneer Advisors. He had several leadership roles at Koch Industries Inc. and affiliated companies, including president & CEO of Koch Financial Products, LLC, CFO of the Capital Markets Division, treasurer at Koch Industries Inc., and CFO at KoSa B.V.
Huckins holds a bachelor of science in finance from Arizona State University and earned a master of management, with concentrations in finance and management strategy, from Northwestern University, J.L. Kellogg Graduate School of Management.
Huckins added, “I’m excited to be joining Reynolds Consumer Products. Knowing the strength of the brands and products, I’m looking forward to working with the team to drive further growth and additional margin expansion.”
Reynolds Consumer Products is a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95 percent of households across the United States, Reynolds Consumer Products manufactures and sells products that people use in their homes across three broad categories: cooking, waste and storage and disposable tableware. Iconic brands include Reynolds Wrap aluminum foil and Hefty trash bags, as well as dedicated store brands which are strategically important to retail customers. Overall, Reynolds Consumer Products holds the No. 1 or No. 2 U.S. market share position in the majority of product categories it serves. For more information, visit https://investors.reynoldsconsumerproducts.com/.
For more news of interest to the homeware industry, subscribe to Kitchenware News & Housewares Review.
Williams Sonoma Launches TUCCI by GreenPan
Williams Sonoma, a portfolio brand of Williams-Sonoma, Inc., the world’s largest digital-first, design-led and sustainable home retailer, has launched an exclusive cookware collection with GreenPan and Stanley Tucci. The TUCCI By GreenPan Cookware Collection celebrates Italian craftsmanship, utilizes GreenPan’s most advanced ceramic nonstick coating and will be sold exclusively at Williams Sonoma.
Food fanatic and cookbook author Tucci was inspired by his Italian-American family and the time spent together in the kitchen when creating his new cookware collection. Tucci teamed up with GreenPan to create a high-performing cookware that embraces a modern design intended to perfectly prepare a dish but also stylish enough to be served on the table.
“This cookware combines a contemporary sensibility with today’s technology, so it’s both beautiful and highly functional,” said Tucci.
“We are passionate about bringing our customers best-in-class products, and it’s incredibly exciting when we get to do that in partnership with someone they love like Stanley and a brand they are loyal to like GreenPan,” said Williams Sonoma President Felix Carbullido.
Each piece of the TUCCI By GreenPan Collection is handcrafted in Italy to be induction-compatible, has a scratch-resistant exterior, and has customized handles that ensure comfort and control. The collection’s interior is made of ultra-durable ceramic nonstick interiors. The ceramic nonstick pieces are crafted of hard-anodized aluminum with ultra-durable ceramic nonstick interiors, while the stainless-steel pieces are crafted of three-ply stainless steel.
“Williams Sonoma is such an important retail partner for us, and we are thrilled to collaborate with them on this incredible launch. The partnership between GreenPan, Stanley Tucci, and Williams Sonoma is rooted in passion for cooking and commitment to innovation,” said Chief Executive Officer of GreenPan USA, Jacob Maurer.
The TUCCI By GreenPan collection consists of over 35 products with most items coming in three iconic colors: Carrara White, Venetian Teal, and Milano Black.
Highlights from the colorful collection of ceramic cookware include:
- Ceramic Nonstick Fry Pan – $99.95-$179.95
- Ceramic Nonstick Dutch Oven 6.5QT – $299.95
- Ceramic Nonstick 6.5qt Essential Stanley Pan – $199.95
- Ceramic Nonstick Saucepans – $149.95-$179.95
- Ceramic Nonstick Cookware Sets – $179.95-$699.95
Several pieces from the collection are also available in a stainless-steel finish:
- Stainless-Steel Ceramic Nonstick Fry Pans – $199.95-$229.95
- Stainless-Steel Saucepans – $169.95-$229.95
- Stainless-Steel Cookware Sets – $199.95-$799.95
Since its founding by Chuck Williams in 1956, the Williams Sonoma brand has been bringing people together around food. A member of Williams-Sonoma, Inc. portfolio of brands, Williams Sonoma is a leading specialty retailer of high-quality products for the kitchen and home, providing world-class service and an engaging customer experience. Products include cookware, cooks’ tools, cutlery, electrics, bakeware, food, tabletop and bar, outdoor, cookbooks, as well as furniture, lighting and decorative accessories.
Each store offers cooking classes and tastings conducted by expert culinary staff. A comprehensive gift registry program for weddings and other special events is available in stores and online. On williams-sonoma.com and the Williams Sonoma blog, Taste, customers can find recipes, tips, and techniques that help them create delicious meals. Williams Sonoma is also part of The Key Rewards, a free-to-join loyalty program that offers members exclusive benefits across the Williams-Sonoma, Inc. family of brands.
Founded in 2007, GreenPan introduced the world to ceramic nonstick cookware. A Belgian cookware and small electrics brand with an international reputation, GreenPan’s signature Thermolon coating is manufactured without the use of PFAS, PFOA or any of the other toxic chemicals used to make traditional nonstick pans and nonstick small appliances. For more information, visit their website: www.greenpan.us/.
For more news of interest to the cookware industry, subscribe to Kitchenware News & Housewares Review.
CBA Fall Meeting Theme Is ‘Committees in Action’
The 101st Cookware & Bakeware Alliance Fall Member Meeting will take place Oct. 4-5 in Chicago. The theme of this year’s meeting is “Committees in Action.”
At the meeting, CBA members will be participating in one of the newly organized committees based on the four pillars of the Alliance: Engineering, Engagement, Education and Expertise.
“We believe that member engagement is key to our success and that working together the Alliance can accomplish great things for cookware and bakeware,” says CBA Managing Director Fran Groesbeck.
Each committee has a specific focus and objective during their sessions at the Fall Member Meeting. Committee members will create action plans that will guide their work in the months ahead.
In addition to the work of the committees, the general meeting is the opportunity for committee members to report their accomplishments and share plans for the future to the rest of the membership.
This is an excellent time to become a member of the Cookware & Bakeware Alliance and engage in the new initiatives outlined in their 5-year strategic plan being implemented by committee members. Member types include: General, Supplier, Retailer and Associate.
The CBA is regarded as a vital housewares trade association, delivering critical industry resources and serves as a voice of authority and influence uniting the industry by setting engineering standards for product and consumer safety. CBA members have a voice in how the standards are developed to help make cookware and bakeware products safe for the consumer.
For more information on the Cookware & Bakeware Alliance and to learn more about membership, please visit their website at www.cookwareandbakeware.org.
For more news on the cookware industry, subscribe to Kitchenware News & Housewares Review.
You must be logged in to post a comment.