Walmart awoken
The world’s #1 retailer, Walmart (inc. Asda UK) continued its steady 2 years recovery pattern in Q3'20, with above average market growth online, but a tiny & deficient offering compared with Amazon's rapid delivery service...
Sappi's sapping
Sappi, the South African based international papermaker, reported another set of disappointing results. Whilst acknowledging the business is under pressure what is CEO Steve Binnie's (pic left) reinvention strategy?
Chainsaw Carl
Breaking News! As Proficiency Post reported in June, activist 'Chainsaw' Carl Icahn, the lead shareholder in Xerox has confirmed a substantial secret stake in HP, the old tech giant it bid for last week. As suspected, Chainsaw is probably goading a reverse bid for Xerox?
Deceptive Depot's
Office Depot's long history of systematic, fraudulent customer service was highlighted again by Attorney General Bob Ferguson when he imposed a heavy fine to resolve the investigation into its deceptive computer repair sales practices.
School SpecialtySchool Specialty, ex-leader in educational supplies, reported continuing sales declines. Sales are lagging 70% below levels of 2008 with no real growth plan and slow adaption to digital tools use
Tech Data's take
As PP reported 17 Oct,, global #2 tech wholesaler Tech Data has agreed to be acquired by VC Apollo Global for a reported $5.4Bn. Interesting that China VC HNA Group took over #1 wholesaler Ingram Micro in 2016, but now wishes to offload!?
Energizer powers
Energizer Holdings the enterprising personal care & battery supplier to businesses, reported strong sales growth in Q4'19 boosted by two major acquisitions,
3D Printing
3D printing leaders Stratasys (MakerBot) & 3D Systems reported continued declines in demand and losses in Q3'19. The bubble has truly burst and HP led the shift into the industrial market, but as yet, with no real progress to date
CCL's ascent
CCL Industries, the $5Bn in sales specialist labelmaker, reported steady sales growth for Q3'19 supplemented by stronger performance from Avery
Exertis organicUK based IT/OP distributor Exertis' parent company DCC Group has announced Half Year results to 30 Sep'19. CEO Donal Murphy reported primarily on acquisitions (inc US), but flat organic growth in a buoyant IT market
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