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  • retail-gloom-lady-cart.pngR e t a i l
    R e t r e a t
    R e t u r n s

    Bigbox & trad dealers
    face death by 1000 clix


    The financial media e.g. CNBC, WSJ, FT has been rhetorical in promoting the 'strong consumer' during 2019, almost to the point of denial of the economic slowdown. Now facts are being reported from leading 'WATCH' retailers that confirm sales growth has stalled, hit by tariffs and economic uncertainty. We preview and analyse Q4'19 results. Updated

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  • Icahn chainsaw carlHP's hopeless
    Xerox defence

    Intimidating Icahn leaves
    Lores frozen in headlights


    The absurd $33Bn bid by Xerox driven by Chainsaw Carl Icahn for the 6X larger HP Inc. should not be happening, HP's board is behaving like an underdog talking about an unconvincing "undervaluation" rather than dismissing the dinosaur copier giant, or more positively counterbidding and taking over Xerox's better equipped direct salesforce

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  • target off targetTarget's tumbling
    Q4 sales trends 

    Electronics hit & slower
    BOPUS growth v AMZN

     

    Leading US retailer Target reported decelerating sales growth trends in recent quarters compared with 2018. Q4'19 sales, including the Christmas-Thanksgiving holiday, sales fell in organic terms for the first time in recent years

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  • Screen Shot 2020 01 13 at 12.56.57 PMPurell's pure
    hygiene plans 

    GOJO's new CEO Jaros'
    germ fighting growth aim

     

    Effective 1 Jan GOJO Industries, the Purell hygiene brand maker, named Carey Jaros as CEO. We interview Carey about her plans to accelerate the growth of the 'Purell Solution', to holistically fight the spread of illness causing germs. Tomorrow

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  • 2020 predictions2020 Predictions:

    OPocalypse or
    Opportunity?

    Who will lead the single
    source biz supply market?


    What will happen with Amazon, Apple, Staples, Essendant, SPR, Depot, WBMason, HP/Xerox, Uber, Imperial Dade, SPOT (Spicers-OfficeTeam), EVO/VOW, Westcoast, dealers, groups, wholesalers, manufacturers in 2020. Here are our predictions.... Complete

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Screen Shot 2020 01 17 at 5.55.03 PMBest Buy CEO
under inquiry

Close C-level colleagues
may suffer second loss?


Best Buy,
 the $43Bn US electronics retailer continued its anaemic growth trend. Now CEO Corie Barry appointed last June is under investigation for conducting an inappropriate relationship with a senior colleague in recent years

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florness don fastenalFastenal fading
fast...foreboding?

Decelerating demand +
tariffs turning for worse?


Fastenal
, the $5Bn in sales, US reseller of MRO & vending supplies, continued to slowdown in Q4'19 from its rapid double digit pace of growth in early 2019. This is usually a leading indicator for slowing business and consumer demand. Watch this space for similar reports in next few weeks

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cogan andrew knoll standing thumb RS medium250 0Knoll cutting
back capacity

Closing Michigan plant
in consolidatiion move



Knoll,
a leading international brand furnituremaker, surprisingly will close its Grand Rapids (MI) production facility in a cost cutting consolidation move. 

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Jacobs Brad XPOXPO Logistics
talespinning?

Reverses acquisition
drive after setbacks


Shares of XPO Logistics rose more than 15% after the transporter announced it was exploring structural changes, including spinoffs. Like FedEx, CEO Brad Jacobs' firm has failed to adapt to the new market demand for immediacy driven by Amazon & UPS

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Screen Shot 2020 01 16 at 10.23.45 AMUS economy in
modest growth

Fed Reserve Beige Book
report on final wks Q4'19


In the last six weeks of 2019, the U.S. economy overall continued to grow "modestly" with solid holiday sales, consumer spending rising at a "modest to moderate pace, and manufacturing activity essentially flat in most districts, according to the Federal Reserve's Beige Book report.

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Screen Shot 2020 01 15 at 1.51.38 PMM/Soft Windows:
7 ends;10 flaws

Business using old s/ware.
NSA: New s/ware insecure


Mighty Microsoft has reported disturbing news. First, in spite of a vigorous campaign to replace Windows 7 with Windows 10, a third of users have not acted. Now it reports the National Security Agency has discovered a major security flaw with W10?

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target off targetTarget's tumbling
Q4 sales trends 

Electronics hit & slower
BOPUS growth v AMZN

 

Leading US retailer Target reported decelerating sales growth trends in recent quarters compared with 2018. Q4'19 sales, including the Christmas-Thanksgiving holiday, sales fell in organic terms for the first time in recent years

Read more ...

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Screen Shot 2020 01 16 at 11.01.19 AMBush's online
market merger

US/CA furnituremakers
combo to attack SOHO


Bush Industries
a leader in the affordable office furniture market has been acquired by a leading Canadian home office KD (RTA) designer/manufacturer.  

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Lucy online300PC market
refreshes up

Recovery from 7yrs of
hurt & mobile moves


After years of consistent declines, PC sales appear to have finally turned a corner. Market researchers Gartner and IDC reported today that PC sales grew during the fourth quarter of 2019, boosting the entire year into the black.

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oswald peter mondi lrMondi meltdown
CEO out.UK out.

All UK paper & packaging
production to cease March

 

Leading paper & packaging maker Mondi's CEO Peter Oswald is leaving the business iafter 18 years. Coincidentally, it has announced the closure of its last 2 packaging plants in the UK. We discuss what's next...

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