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30 Jun 22

Updated: 30 Jun 22

Amazon abates
FC openings 

Admits overbuilt capacity.
Pulls back expansion plans

Amazon has delayed or canceled plans for at least 13 facilities in its distribution network this year. CFO Brian Olsavsky said in April that the company built more fulfillment network capacity (FC's) with “the high end of a very volatile demand outlook”. Regardless, It still has twice the delivery capacity of big rivals Walmart and Target combined 

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30 Jun 22

Updated: 30 Jun 22

PC shipments
plunge persists

Chromebook crash. US
mkt hurt by WFH edu dip

Gartner has forecast that worldwide PC shipments will fall by -9.5% this year. Both global #1 Lenovo & Dell wrested market share away from HP.  One large VAR partner says after the dust settles, demand will still be higher than it was pre-Covid.

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30 Jun 22

Updated: 30 Jun 22

Icahn's Xerox CEO
passes suddenly

Colleagues' tributes flow in
Will investors sell/breakup?

Xerox CEO John Visentin has unexpectedly passed away due to complications from an ongoing illness. Visentin was appointed in 2018 by activist investor Carl Icahn after he took a 20% stake and then together tried unsuccessfully to acquire HP Inc. What is the reaction of investors?

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29 Jun 22

Updated: 29 Jun 22

MillerKnoll hits

hybrid work high 

WFH concepts offset soft,
returning office demand

MillerKnoll the new #1, enlarged furnituremaker maintained its focused on strong WFH demand with DWR home concepts, strength in retail, but the contract market continued soft but recovering. Upbeat ceo Andi Owen focused her Q4'22 report on strong WFH demand, mobile systems innovation and integration of Knoll. 

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29 Jun 22

Updated: 29 Jun 22

HPE: H o l l o w
Promises Exposed

Neri's 'Discover22' address'
most provocative remarks

Hewlett Packard Enterprise (HPE) CEO Antonio Neri took on all the big issues at Discover 2022 conference. From HPE's transformation as a software and services company with GreenLake to how it is out-innovating competitors? Here are his 10 most provocative statements from the event reported by CRN's Steven Burke.

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29 Jun 22

Updated: 29 Jun 22

Hygienic offices
a huge incentive

Cleaning Coalition study
affirms hot market trends

A clean office is the ‘most important incentive for workers’. A US survey revealed that cleanliness is the best employers can offer if they want people back in the office. Maybe a statement of the obvious, but 'hygiene consciousness' driven by Covid has doubled over the past 2-3 yrs ....

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29 Jun 22

Updated: 29 Jun 22

Late FedEx follows
electric truck drive

Joins UPS, Amazon, USPS
w zero CO2 emission plans

At last, FedEx Corp has 150 BrightDrop zero-emissions trucks rolling on LA highways as it transitions towards EV deliveries. New CEO, 31yrs veteran Raj Subramaniam's major task is to transform the laggard into a leader, given the 'same as the old boss' critics' pessimism..

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29 Jun 22

Updated: 29 Jun 22

MSC Indl supply
revenues resilient

Higher sales of hygiene
safety get price boost

MSC Industrial Supply, a leading $4Bn MRO distributor reported continued double digit growth in Q3'22. CEO Erik Gershwind was positive about demand forecasts and higher profitability ahead of the market index

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28 Jun 22

Updated: 28 Jun 22

What do hybrid
offices look like?

Augury's space designed
for personalised skillsets

Like many, technology firm Augury ditched its NY City office during Covid. With few people coming in, and most working remotely, paying rent on an empty office was a waste. But the need for an office didn’t go away completely, so it consulted its people before designing a new hybrid working environment, reports Fast Company's Nate Berg. 

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28 Jun 22

Updated: 29 Jun 22

TDSynnex stalled.
Losing mkt share?

#1 $60Bn tech wholesaler
integration slows progress

Synnex, the #1Global IT wholesaler that merged with TechData last summer, was seriously disrupted by Asian supply problems, after benefiting strongly during WFH. CEO Rich Hume commented opaquely about marginal organic growth in its Q2'23 financial review. Updated

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