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McMillon Doug WMT hands cupWalmart writes 

big ticket growth 

Record sales in stores
& online now 10% sales


The world’s #1 retailer, Walmart (inc. Asda UK) was boosted by the Covid lockdown spending in its Q1'21, including huge online demand & delivery. It continued to copy Amazon's initiatives & benefited from store collection and higher ticket values  

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murphy donal DCC 20Exertis lost share
in buoyant market 

International acquisitions
in VidComs boost growth


Irish based IT/OP distributor Exertis' parent company DCC Group announced full year results to 31Mar'20. CEO Donal Murphy reported on flat organic growth in a buoyant IT market boosted by interanational acquisitions inc. US

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Screen Shot 2020 05 18 at 3.18.10 PMRight sized pack'g
prods productivity

Asda study cuts waste,
increases delivery capacity


Walmart,
UK subsidiary, Asda has acquired an automated packing system to tackle oversized packaging & congestion in its warehouse operations. This is a must have to drive productivity & sustainability in the business supply market. 

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Screen Shot 2020 05 18 at 4.47.44 PMRavaged retail
saved by etail

Non essentials plummet.
Online spending up 45%


Overall retail spending in April plummeted 9%, the biggest ever drop in US history. Online sales grew 20%+ as total sales tumbled caused by the Covid lockdown. 

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Screen Shot 2020 05 18 at 5.31.30 PM3D  p r i n t i n g
leaders c r a s h!

3D Systems/Stratasys
sink deeper & deeper


3D printing leaders Stratasys (MakerBot) & 3D Systems continued to report serious declines in demand and losses in Q1'20. The bubble has truly burst plus HP's yet to be successful shift into the industrial market. Moreover, ex-HP print chief VJoshi as retired at 3DS after failing to turn it around

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depot max blood drain storesDesperate Depot
dismiss 13000 jobs

A massive 34% workforce
slashed mainly in stores


Coincidentally, 34 years after Office Depot 'superstores' were founded, current management plans to slash 34% of its workforce, mainly in retail. Depot's rapid retreat from retail plans to accelerate with over 300+ stores set to close before 2023 

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depot gagged man leavingDepot winding
down in Europe?

Vulture Capitalist Aurelius'
commitment on test watch


Vulture capitalist
Aurelius
acquired Office Depot's European operations in Feb'17, then a $2Bn in sales, with a growth strategy fanfare. Sales in 2019 were down 50%; then Covid accelerated its death rattle. Disposals of Central Europe, now Nordics; next France will challenge its dodgy commitment.

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martin geoff CCLCCL label sales
hit roller coaster

Essential market demand 
unable to contra Covid 


CCL Industries,
the $5Bn in sales specialist labelmaker (inc. Avery), reported declining demand in Q1'20 with Covid 'essentials' market channel sales unable to offset non essential market declines 

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Moulton jon terminatorParagon picks off
SPOT direct arm

Will DCC/Exertis or VOW
venture to seize Spicers?


Last month vulture Better Capital parent of SPOT (Spicers wholesale & OfficeTeam direct) filed for bankruptcy. Print giant Paragon Group has acquired the OfficeTeam businesses.. What's next for its self described "worthless" wholesale business? 

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Oki printersO k i  printers

plunge in EU

Unified Comms soar
to reach 50% portfolio


Japanese OEM Oki reported strong growth in sales and profits in its full year results to 31Mar'20. Printers declined more than offset by growth in Info' Comms Technology (ICT) now over half its $4Bn in sales 

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not yesterday's news tomorrow."

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