Smucker serves
J. M. Smucker, the US beverage & food services brands supplier, continued to report declining sales in Q2'20in ended 31 Oct'19. The complacency shown by leaders in a buoyant market was disappointing...
Desperate Depot
Office Depot CFO Joe Lower, who only joined last year, will be leaving in January. Under CEO Gerry 'Smudger' Smith's near 3 year tenure, he has accelerated its tailspin and lost several of his key executive appointments. Who's next?
Tech Resellers
Many global IT distributors have reported slower growth in recent quarters; some blaming outside factors like the economy or Brexit. Meanwhile, leading regional tech resellers are growing strongly & winning market share. We review and analyse latest market trends, winners and losers. Updated at weekend
Chainsaw Carl to
Activist investor Carl Icahn the largest shareholder in crashing Conduent, a document management spin off from Xerox, is leading a plan to sell off its transportation business
Amazon advances
Amazon continues to automate its business supply ordering & delivery systems: Alexa speakers and Key entry devices. These innovations call for dealers to step up personalised driver and collection processes
Clover claimed
Clover Imaging Group, the leading remanufacturer of printer cartridges, has announced that current backer 4L Holdings has joined forces with vulture capitalist Norwest to buy the company. This move follows intense pressure from HP's attack on recyclers and plummeting print demand....
Clean scene at
Over 700 exhibitors featuring top brands in FM, hygiene and safety assembled in Las Vegas for the annual ISSA InterClean Show. Over 16000 industry professional attended the 3 day event. We report live and highlight the latest products, services and software that drive business productivity... Updated
'Chainsaw' Carl
Iconic activist investor 'Chainsaw' Carl Icahn is adept at self serving deals. He took a 10% stake in sinking Xerox in 2015; slashed assets and led an audacious $33Bn bid for rival HP that was dismissed. We expect HP to counter bid, fulfilling Icahn's crafty plan to cash out without concern for the merger's merits. Updated today
Is the consumer
US GDP fell below 2% in Q3'19 with CapEx down, emphasizing market uncertainty caused by tariffs & economic softness. CEO's at major producers & resellers of brand consumer & business products have reported slowdowns since Q3'18, yet analysts opine the "consumer is strong"? Revisited & updated inc. Walmart, Target & Home Depot
Staples' Worklife:
Last week we visited Joanne Harris, Chief Commercial Officer of Staples Business Advantage who joined from consumer brand powerhouse P&G almost a year ago. We discussed the new vision, strategy & differentials the new team will bring to the busines supply market. Updated
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Smucker serves
Tech Resellers
Chainsaw Carl to