SH-Plit: Hopeless
Old tech giant HP is tailspinning towards a sub-$100Bn sales level in 2015 (2010 - $130Bn). Meg Whitman's #SH-Plit management musical chairs continued to duplicate costs at the 'navel-gazing', distracted 'dis-synergising' dinosaur. Updated comment
Staples stalled
Staples, the world’s leading OP reseller, showed positive sales trends in its delivery businesses, but retail, online and international slowed progress in Q2'15 ended 1 Aug'15. Updated comment
Bullish Benioff
Salesforce CEO Marc Benioff has blasted rivals IBM and Oracle, branding the latter a failure in the cloud market when reporting powerful Q2'16 results
Messy WHSmith
WHSmith, the struggling UK #1 High Street & travel location retailer, updated on YTD results and shamefully confirmed it will continue to claim back VAT refunds from passenger purchases at airports.
Bye Bye BPGI.
BPGI is still obsessed with buying power and losing members. In the new everything on-demand market, users want personalised, rapid-response service on broadline branded business supplies. Stop navel gazing Mark & Co ... Look out for Lucy's needs. Complete
China etailers:
Alibaba's 'asset-light' ecommerce platform relies on the inconsistent service standards of 3rd Party resellers. Recent moves indicate that it is moving towards the highly efficient Amazon model....
Container lines
Major container-shipping lines are slashing sailings on the world’s busiest shipping route between Asia and Europe as lower growth in China and a sluggish eurozone economy hurt volumes.
PaperlinX crash:
Paperlinx aims to cut ties with its troubled tailspin by renaming the continuing business Spicers, while its messy exit from Europe has propelled the firm to a $250m loss.
T e c h D a t a
Tech Data, the global #2 wholesaler of tech products with $26Bn in sales, reported stronger results for Q2'16. Profitability improved as a result...
Walmart wake
The world’s #1 retailer, Walmart (inc. Asda in the UK) continued its recovery pattern in the US, in Q2'16 with average market growth in online, and strong growth in Neighborhood markets...
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