- Details
Best mkt analysis:
First & Foremost
That's why top leaders
prefer Proficiency Post
Proficiency Post, is enjoying its 20th year, providing a ons source, breaking news analysis of the $500Bn+ broadline business supply market ... first. PP promotes best practice stories that drive personalised productivity services for pro' user choosers. PP analyses the whole market, not just the declining OP segment (<20% total) covered by rivals. Please subscribe to PP and get the whole story, not just recycled press releases. Tomorrow's News Today!
Free Access click Resd More
Please read full article by subscribing here
- Details
Acco skid masked
by price increases
Meet new boss, Same as
old boss? Can he reinvent?
Acco Brands ex-OP brand leader, reported weaker results again in Q3'23. Complacent retiring ceo Boris Elisman has shown little grasp of the broader business supply market opportunities inc. hybrid office; and continued to double down on the extinct distractions? Will his successor Tom Telford (pic left) make a positive difference? Report analysis here
Please read full article by subscribing here
- Details
Apple Services
reach record highs
iPhone and Watch sales flat
iPad & Macs demand weak
Apple, the ultimate personal productivity tool designer, reported flat sales in Q4'23 in concert with slower tech demand following the Covid highs. CEO Tim Cook commented on continued growth in Services now running at $80Bn+pa. Report analysis here
Please read full article by subscribing here
- Details
Arrow Electronics
hit by soft IT market
IT Components & Compute
down. Software market shift
Arrow Electronics, the $35Bn in sales global provider of IT products and services reported a serious demand drop in a tough semi-conductor market. New ceo Sean Kerins commented “we executed well amidst a softer IT market,
Please read full article by subscribing here
- Details
Shopify: impressive
sales momentum!
Entrepreneur's Mcommerce
platform drives +30% growth
Shopify the specialist MCommerce platform for business supply entrepreneurs grew rapidly in Q3'23 with 1M+ independent partners. Its unified commerce platform empowers merchants including the new Flexport fulfilment services". Can ceo Tobi Lutke match Amazon's
delivery prowess?
Please read full article by subscribing here
- Details
Powerless pair
promote growth?
Vanquished VOW & Dixons
chiefs lead dealer summit
UK dealer group Office Power just held a Dealer Growth Summit in London. With most dealers volume down -30%+ from pre Covid norms the choice of lead speakers was strange? VOW ex-ceo Steve Haworth managed a -50% plunge in revenues; John Browell failed to grow Dixons or Apple retail stores? Report update
Please read full article by subscribing here
- Details
Sealed Air stalls
as demand drops
Protective packaging weak.
Baginabox acq boosts sales
Sealed Air the $5Bn+ maker of protective packaging for Food & FM products reported softer sales again in Q2'23, especially in protective packaging. Interim CEO Emile Chammas was realistic about demand decline and loss of market share. Full analysis here
Please read full article by subscribing here
- Details
Iron Mountain
peaked out?
Deluded ceo distracts
from downsliding sales
Iron Mountain the ex leader in document storage services reported steady Q2'23 results. CEO Bill Meaney's opaque, minimalistic, but hyped up "outstanding performance" report seems geared to disguise late moves in digital & cloud storage. Acquisitions and high price increases continue to hide real volume declines
Please read full article by subscribing here
- Details
Starbucks steams
up with new CEO
International & China star
US recovery continues
Starbucks the international personalized coffee service giant inc. business delivery, reported strong Q4'23 results including a steady US recovery, but sparkling International & China demand. New CEO Lax Narasimhan has picked up the ball from chairman Howard Schultz and run with it to great effect...
Please read full article by subscribing here
- Details
One Wesco wired
up by acquisition
CEO's plan: build, connect,
power & protect the world
Wesco the enlarged $22Bn (inc.Anixter) #1 US provider of electrical, security and MRO supplies, reported steady sales in Q3'23, boosted by price increases and acquisitions. CEO John Engel reported on strong strategic progress in portfolio expansion...
Please read full article by subscribing here
- Details
A v n e t advance
goes into reverse
Strangely CEO blames
steady market conditions
Avnet, the slimmed down $26Bn in sales, leader in electronics distribution & services reversed from its recent growth trend in Q3'23 Farnell its UK arm was flat. Strangely, CEO Phil Gallagher seemed complacent about the disapponting results.
Please read full article by subscribing here