2015 Dec pp banner1200 2 mob
2016 Jan pp banner1200
Subscribe to read!

Screen Shot 2020 08 12 at 11.21.05 AMKodak collapses
deeper & deeper

Covid accelerates demise
in trad & digital printing


Eastman Kodak
reported rapidly declining results in Q2'20. Chairman Jim Continenza appointed in Feb'19 has achieved little to rescue the iconic brand's core business and is now embroiled in controversy over the suspicious $765m government loan to convert facilities into making dodgy drugs 

Read more ...

Subscribe to read!

vistar truck roadPFG/Vistar: food
to biz battered

2 big acquisitions boost
convenience stores sales


Performance Food Group (PFG inc. Vistar), the leading US food & beverage services wholesaler reported declining organic sales in Q4'20, hit by Covid in business supply. Two major acquisitions, one in convenience store supply, boosted overall sales growth

Read more ...

Subscribe to read!

Screen Shot 2020 08 11 at 12.46.05 PMBrother browses
office life future

Uncertainty splits people's
return to office attitudes


As WFH lockdown eases and businesses plan for a phased return, printermaker Brother surveyed a sample of UK office employees to find out how they feel about returning to the office, exploring which daily routines they miss most and their biggest concerns. We discuss

Read more ...

Subscribe to read!

WhiteCap construction HDHD Supply hives
off White Cap 

Exits Construction & Indl
to focus on Facilities Mgt


As PP reported in July before Covid the $6Bn in sales leading industrial supplier HD Supply was planning to equally split its FM and construction businesses. Given the upside potential of the FM division and the surprisingly buoyant construction operation, we opined it was a good time to act. The deal is done, a VC has bought the White Cap business

Read more ...

Subscribe to read!

Screen Shot 2020 08 11 at 9.51.14 AMFoodservice fights
falter during Covid

Sysco & USFoods sink 40%+
as WFH hurts biz supply


Foodservice supply leaders to business & restaurants Sysco & US Foods reported disastrous results in latest Q2'20 (Q4 for Sysco). Denied a merger in 2015 the full service rivals are seeking different courses of action going forward

Read more ...

Subscribe to read!

Screen Shot 2020 08 10 at 4.38.36 PMBack to School:
a bonanza bet?

Mobile IT, hygiene, safety
set to dominate demand


What will Back-to-School shopping look like this year? The school year is going to look different in light of Covid. How are parents thinking? What are their plans to prepare for the upcoming term? We analyse and comment  on what is expected to be a bumper year...

Read more ...

Subscribe to read!

Screen Shot 2016 11 15 at 20.37.31Kodak's dodgy
drug deal held

Crony Chair Continenza
under shares investigation


On 28 July rusty old camera maker and near bankrupt, Kodak was shockingly awarded a $765m+ government loan to make the controversial & unproven hydroxychloroquine (HCQ) drug. Uproar followed and now a special committee of independent directors will look into the matter

Read more ...

Subscribe to read!

Screen Shot 2019 03 12 at 12.16.43 PMW e s t c o a s t's
wholesale wave 

Group IT sales inc XMA
set to top $4Bn in 2020


European independent tech distributor Westcoast recently reported 2019 financials inc. XMA tech services. Sales continue to grow double digits boosted by strong education & health care demand during Covid; and are forecast to reach $4Bn this year. We spoke with MD Alex Tatham

Read more ...

Subscribe to read!

Screen Shot 2020 08 08 at 5.31.07 PMHummels hikes 
NYState presence

Fellow independent sells
to regional market leader


Hummels Office Plus
the Mohawk, NY State business supplier has acquired a local rival to consolidate its position in the region dominated by WBMason. We discuss the move with CEO Justin Hummel, on Monday 

Read more ...

Subscribe to read!

Screen Shot 2020 08 09 at 2.02.28 PMEssentials e x i t s
down Depot drain 

How many $20m+ dealers
post bigbox buys & Covid?


Office Depot
, the $9Bn beleaguered bigbox office supplier, continued to distract from its declining core sales, by acquiring larger dealers. The latest Office Essentials, St.Louis (MO), is the regional market leader. We review market exodus of independent OP resellers, including the status of the large member group, Pinnacle. Tuesday

Read more ...

"Tomorrow's News Today,

not yesterday's news tomorrow."

twitter heart50facebook heart50

FREE PP NEWS

Please register to the site before you can sign for a list.
No account yet? Register

ppnew on mobile UK 2018

Member Login