"Tomorrow's News Today,
not yesterday's news tomorrow."
US #2 OP wholesaler SPRichards' Atlanta DC & HQ was hit by a serious fire on Friday evening, thankfully without human casualties. CEO Rick Toppin has issued an open letter thanking everyone for their concern and support.
#1 battery maker Duracell's ad agency the much admired Wieden & Kennedy has produced a double whammy commercial that focuses on 'Extra Life. Extra Power'. The campaign is topping Twitter trends....some achievement!
European packaging distribution leader RAJA Group based in Paris, has acquired four of Staples Solutions beleaguered brand operations in Europe. How long before complete exit?
US #1 independent megadealer WBMason confirmed its 4th acquisition this year. This move crosses into the highly competitive Virginia territory. We spoke with CEO Leo Meehan about sales and acquisition growth plans...
The new US Supergroup Independent Suppliers Group (ISG) is in the throes of organising leadership, systems integration and setting up HQ in Chicago. ISG is planning a members/vendors launch event in Indianapolis Nov 4-6. We spoke to an excited chairman Dave Guernsey about progress and plans....
Europe's #1 paper merchant, Antalis continued its deep decline in Q2'19 in spite of c10-15% paper inflation during 2018. The CEO is in denial: "resilient" rhetoric and blaming Brexit uncertainy; with no growth or reinvention strategy, as it steers towards the sunset
HNI (HON + AllSteel), the $2Bn US furnituremaker, reported slower demand in Q2'19 particularly the office supply markets, but with prospects for H2'19 expected to improve
US #3 packaging maker Packaging Corporation (PCA inc. Boise Paper) reported poor Q2'19 financial results. Packaging grew boosted by acquisitions, whilst paper volumes declined dramatically....
International Paper, the #1 paper & packaging maker, reported declining demand across the board in Q2'19. Can complacent CEO Mark Sutton continue the reinvention into the leading international packaging & hygiene products maker?
Knoll, the leading office furnituremaker, accelerated double digit growth in the office market in Q2'19 with the strategic growth 'Lifestyle' segment boosted by its European acquisition