Will ODP Federate
Beleaguered Office Depot made its 10th dealer acquisition in May, since its Federation drive started in Oct'17. PP sources understand another batch may join in Q3. Given Depot's fragile market capitalisation, what are wholesalers doing to defend a potential dealer exodus? Sunday, sorry
Staples stokes up
As indicated at Essendant's CORE event in Feb, Staples has combined purchasing power and demanded substantial cost price reductions from vendors. The big question is what savings will be invested in dealer competitiveness and how much pocketed by vulture capitalist owner Sycamore Partners? We discuss... later today.
A c m e United
Acme United today announced slower sales growth in Q2'19 financial results. Sales of core cutting tools slowed whilst moving successfully into first aid & safety products....
Papermakers'
The Big 3 US papermakers' cartel behaviour persists. After the Georgia Pacific mill closure saga induced panic buying ahead of a phantom March price increase, distributors stocked to the rafters. Now with demand sliding are the domestic makers propagating near capacity limits to boost another price increase claim? Later today inc latest papermakers reports
StoraEnso paper
Global #2 papermaker Stora Enso reported weak overall sales & profits in Q2'19.. CEO Karl Sundstrom described transformation 'repurposing' plans to cut paper capacity and investment in renewable packaging materials. Meanwhile paper sales were down double digits....
Mighty Microsoft
Microsoft reported strong results for Q4'19. Since CEO Satya Nadella took over 5yrs ago the reinvention and focus on cloud computing via Azure Cloud & Dynamics business software has produced powerful results
Wayfair wave bye
Giant $8Bn in sales home & business furnture etailer Wayfair has retired two 10 year tech & operations veterans. Given its growing customer service problems is this a strategic move to address core operations and IT systems?
SPRichards slides
Genuine Parts Company (GPC) parent of NAPA, Motion and SPRichards reported slowing growth rates in Q2'19. CEO Paul Donahue made no comment on the OP business performance at this point. Updated
Essity maintains
Essity, the hygiene & health group spun out of giant papermaker SCA, rmaintained steady growth progress in Q2'19. Recently it announced an operational management structure that may bode badly for innovation focused on customer collaboration?
Dealers' decision
Back in 1994, the OP wholesalers led the stockless dealer drive that fuelled the expansion of single source supplier success. Now with uncertainty surrounding wholesalers' future, its decision making time for dealers. We explore the options available for those who are committed to becoming broadline business suppliers. Updated
"Tomorrow's News Today,
not yesterday's news tomorrow."
Will ODP Federate
Beleaguered Office Depot made its 10th dealer acquisition in May, since its Federation drive started in Oct'17. PP sources understand another batch may join in Q3. Given Depot's fragile market capitalisation, what are wholesalers doing to defend a potential dealer exodus? Sunday, sorry
Staples stokes up
As indicated at Essendant's CORE event in Feb, Staples has combined purchasing power and demanded substantial cost price reductions from vendors. The big question is what savings will be invested in dealer competitiveness and how much pocketed by vulture capitalist owner Sycamore Partners? We discuss... later today.
Papermakers'
The Big 3 US papermakers' cartel behaviour persists. After the Georgia Pacific mill closure saga induced panic buying ahead of a phantom March price increase, distributors stocked to the rafters. Now with demand sliding are the domestic makers propagating near capacity limits to boost another price increase claim? Later today inc latest papermakers reports
Dealers' decision
Back in 1994, the OP wholesalers led the stockless dealer drive that fuelled the expansion of single source supplier success. Now with uncertainty surrounding wholesalers' future, its decision making time for dealers. We explore the options available for those who are committed to becoming broadline business suppliers. Updated
Logistics leaders
Q2'19 results season is upon us with consumer & business supplies' brand CEO's expected to report a further slowdown that started in Q3'18. Leading laggards are the logistics giants including FedEx, JBHunt, XPO, CSX & UPS. We preview the trends....Updated
'Paperless' paused
Big businesses have removed or changed their messaging since the inception of pro-paper campaign group Two Sides in 2008. Accused of 'greenwash' those promoting a paperless comms future based on greater speed, efficiency and carbon emission reduction should be regroup and focus on the positives of digital comms.
Will AMZN Prime
The ads are incessant for Prime Day, Amazon’s two-day shopping event for members only, July 15 and 16. Perhaps you even caught the live-streamed Taylor Swift concert that kicked off the festivities. Fast Company's Mark Wilson reckons its a con. We discuss his case....
Fakebook fine a
The US Federal Trade Commission (FTC) has agreed to a $5bn settlement with Facebook over it's deceitful use of private data. e.g. selling info to Microsoft. 'Fakebook' even violated a firewall & budgeted the penalty precisely. Who's Zucking who?
Newell Brands in
The collapse of the Newell house of brands post the disastrous $16Bn Jarden acquisition in 2016 continues. The uncertainty hanging over the heads of executives leading valuable assets is palpable. What's next for brands like Rubbermaid, Papermate/Sharpie, Dymo, Elmers? We discuss.... later today
Can SPOT stop
Vulture capitalist Better Capital owner of SPOT, the mongrel mix of Spicers & Officeteam, has reported 2018 financial results. As expected it continued to bleed losses from mismanagement of a dealer group contract and huge paper price increases. Surely, CEO Jon Moulton (pic left) will terminate its tortuous tenure soon?
A c m e United