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

smucker markSmucker serves
up flat coffee

Private label lag adds to
weak consumer demand


J. M. Smucker,
the US beverage & food services brands supplier, continued to report declining sales in Q2'20in  ended 31 Oct'19. The complacency shown by leaders in a buoyant market was disappointing...

Read more ...

Subscribe to read!

Screen Shot 2019 11 22 at 9.47.48 AMDesperate Depot  
CFO jumps ship 

CEO 'Smudger' Smith's
revolving doors spinning


Office Depot
CFO Joe Lower, who only joined last year,
will be leaving in January. Under CEO Gerry 'Smudger' Smith's near 3 year tenure, he has accelerated its tailspin and lost several of his key executive appointments. Who's next?

Read more ...

Subscribe to read!

Icahn chainsaw carlChainsaw Carl to
cut Conduent biz.

Plans to strip out the only
profitable unit in lossmaker


Activist investor Carl Icahn the largest shareholder in crashing Conduent, a document management spin off from Xerox, is leading a plan to sell off its transportation business

Read more ...

Subscribe to read!

Screen Shot 2019 11 21 at 1.20.02 PMAmazon advances
Dash Smart Shelf 

Automatic restocking of
regular business supplies


Amazon
continues to automate its business supply ordering & delivery systems: Alexa speakers and Key entry devices. These innovations call for dealers to step up personalised driver and collection processes

Read more ...

Subscribe to read!

Screen Shot 2019 11 22 at 1.19.14 PMClover claimed
by Vulture Cap

#1 US recycler saved in
printer market collapse


Clover Imaging Group
, the leading remanufacturer of printer cartridges, has announced that current backer 4L Holdings has joined forces with vulture capitalist Norwest to buy the company. This move follows intense pressure from HP's attack on recyclers and plummeting print demand....

Read more ...

Subscribe to read!

Screen Shot 2019 11 21 at 1.52.37 PMClean scene at
ISSA in Vegas

Hygiene, safety & tech
brands drive productivity


Over 700 exhibitors featuring top brands in FM, hygiene and safety assembled in Las Vegas for the annual ISSA InterClean Show. Over 16000 industry professional attended the 3 day event. We report live and highlight the latest products, services and software that drive business productivity... Updated

Read more ...

Subscribe to read!

cornell brian target lrTarget traffic
growth slows

Click'n'pick up service
drives digital sales mix


Target, the $75Bn in sales US retailer, maintained solid, but slowing comparable sales growth both in-store & online in Q3'19. Bold CEO Brian Cornell is investing in new products, new store fomats, same day delivery & new inventory to facilitate future demand

Read more ...

Subscribe to read!

Screen Shot 2019 11 19 at 1.16.17 PMAramark growth 
ascent arrested 

Sales slow in all divisions
New CEO replaces Foss


Aramark the global $16Bn business services provider in food, FM & uniforms reported slower growth in Q4'19. New returning CEO John Zillmer (pic left) pledges to " elevate the hospitality culture" after the abrupt 'retirement' of former CEO Eric Foss ***

Read more ...

Subscribe to read!

Screen Shot 2019 02 26 at 8.41.12 AMHDepot growth
grinds slower

PRO webstore problems 
impact + softer DIY sales


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

Read more ...

Subscribe to read!

Screen Shot 2019 03 06 at 3.29.13 PMStaples Europe
Dis Connects...

Stripping back retail ops
to focus on SMB markets


Staples Solutions
, the former Staples Europe satellite, has reached an agreement to sell its Connect IT services business in Sweden. The CEO Dolph Westerbos explains the strategy

Read more ...

ppnew on mobile US 2018

ppnew on mobile UK 2018

"Tomorrow's News Today,

not yesterday's news tomorrow."

twitter heart50googleheart50newfacebook heart50

FREE PP NEWS

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

Member Login