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MacMillon doug walmart sizingWalmart awoken
& aping Amazon

Organic growth steady.
Web sales 7% US sales mix


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...

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Screen Shot 2019 08 16 at 5.07.50 PMSappi's sapping
paper volumes

Packaging demand up
European sales down


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?

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Icahn chainsaw carlChainsaw Carl
takes HP stake

Xerox activist builds secret
shareholding to lever deal


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? 

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office depot faking care 2Deceptive Depot's
dodgy practices

Systematic fraud extend
for fake PC Health Checks


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.

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Screen Shot 2019 11 15 at 5.08.52 PMSchool Specialty
seeking to sell

Will strategic review result
in reinvention or disposal?

School 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

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Screen Shot 2019 10 17 at 11.01.08 PMTech Data's take
over completed

Vulture capitalist follows
HNA investment in Ingram


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!? 

 

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energizer bunny drumEnergizer powers
up strong growth

Big boost from acquisitions
in battery/autocare supply


Energizer Holdings
the enterprising personal care & battery supplier to businesses, reported strong sales growth in Q4'19 boosted by two major acquisitions,

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3D boat sinking3D Printing

leaders lost?

3D Systems/Stratasys
continue to sink deeper


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

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martin geoff CCLCCL's ascent
decelerates

Avery & Checkpoint
boost steady growth


CCL Industries,
the $5Bn in sales specialist labelmaker, reported steady sales growth for Q3'19 supplemented by stronger performance from Avery

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Screen Shot 2019 11 15 at 1.35.42 PMExertis organic
expansion stalls

Triple acquisition plays in
VComms boost growth

UK 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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