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amazon bezos drone deliveryAmazon primes
new hybrid drone

Heli-plane designed to fly
deliveries within 30 mins 


Amazon
has accelerated the pace of its drone delivery programme first announced by CEO Jeff Bezos in 2013. After testing deliveries in Cambridgeshire, England, it now plans to test in the US in the next few months...

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Top News

Staples lay-offs imminent

Screen Shot 2019 09 04 at 3.32.08 PMStaples strip
back workers

3rd Layoff exercise to cut
admin & max sales force


Rumours on the street about another round of employee cutbacks at Staples have been confirmed. The bigbox is doubling down on building its front line sales & deivery force and reducing its administrative overheads. Updated

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WBMason Boston Consumer Show 2019

Screen Shot 2019 06 05 at 12.32.18 PMMason Delivers
hit hygiene show

Boston Consumer Show
attracts bumper audience


US #1 independent business supplier WBMason, held its 7th Annual Consumer Show of 2019 at Fenway Park, home of Boston Red Sox yesterday. We report on all the action, hot new products and interviews with WB and vendors' leaders. 

 

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Innovative Open House at Minnesota Vikings

Screen Shot 2019 08 19 at 10.02.23 AMInnovative Open
House at Vikings

US #1 progressive dealer
holds productivity show


Innovative Office Solutions,
the leading progressive productivity services provider, based in Minneapolis will hold an Open House event at Minnesota Vikings, US Bank stadium later today. We review the show with CEO Jennifer Smith...tomorrow

Read More...

Genuine Parts sells EIS

donahue paul GenPts presGenuine Pts sell
EIS, next SPR?

"Buy & Build" VCap Audax
joins Imperial investment


Genuine Parts,
the $18Bn in sales parent of NAPA, Motion & SPRichards has sold off its EIS Electricals business. It raises the question again: Is CEO Paul Donahue refocusing on its successful auto and industrial supply businesses and will the stalled SPR be the next disposal? 

Read More...

HP Inc. Q3'19 Financial Review

weisler dion HP on slideHP inks printer
& supplies slide

PC sales & price hikes hide
demand declines. Weisler
leaving. New CEO ascends


Old tech giant, HP Inc's, overall sales growth continued to flatten in its Q3'19.. Meanwhile departing CEO Dion Weisler maintained his "innovation" hype in spite of another weak market performance. Will the long serving print veteran, new CEO be able to reinvent the fading force? Updated

Read More...

Overstock CEO resigns

Screen Shot 2019 08 22 at 5.40.08 PMOverstock CEO
B y r n e 's  o u t!

Distracted discount etailer
MCap plunged 75% in year


Patrick Byrne
 resigned as CEO of embattled Overstock.com today saying he had to quit after disclosure of his relationship with a woman accused of being a Russian agent. Morever, and conveniently his desperate performance and distraction from its core business with cryptocurrency TZero

Read More...

Complete catches Bluefish Office

Complete UK montage 2015Complete catches
big  B l u e f i s h 

Top independents combine
to consolidate S.Midlands


Complete Business Solutions,
the leading UK business supplier continued its rapid rollup strategy by completing its largest acquisition Bluefish Office, the #1 SMidlands/Home Counties dealer. We spoke with CEO's Richard Coulson and Mark Heath

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Veritiv to shut Saalfeld segment

veritiv truck crashVexed Veritiv to
shutter Saalfeld

#1 paper merchant crashes
65% in market cap in 2019


Veritiv
 the $7Bn in sales paper merchant continued to crash and burn. Market capitalisation has sunk 65% this year to $268m+. Now it plans to shutter foodservice, jansan and industrial supplies distributor Saalfeld. What's going on? 

Read More...

Acco interested in Zagg screen protectors

elisman boris acco shredAcco attracted to
struggling Zagg?

Deja-vu all over again for
for late Kensington killer?

 

According to NY Post report this morning, OP maker Acco Brands may be involved in a bidding war for embattled screen protection marketer Zagg. We've seen this play out before. The entrepreneurial marketer gets killed by old school corporate culture e.g. Kensington brand 

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Home Depot Q2'19 Financial Review

Screen Shot 2019 02 26 at 8.41.12 AMHome Depot's
demand slides

PRO wholesale division
offsets falling DIY sales


Home Depot the $108Bn+ home & business improvement supplier continued to report a slowdown in direct sales in Q2'19. In contrast its $3Bn PRO (ex Supply Works) wholesale division is gaining strength with business service providers....

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