Details

21 Feb 23

Updated: 22 Feb 23

Fellowes airs Array:
high quality system

New Design & Experience
Center, Fulton Mkt, Chicago

Much admired hygiene & wellness products maker Fellowes Brands has made an exciting start to 2023 with the launch of Array "The most advanced networked air quality system" and the opening of its new 'Design & Experience Center' at Fulton Market, Chicago alongside brand interiors' leaders MillerKnoll, Teknion etc. We talk to ceo John Fellowes about 2023 progress and plans Tomorrow

Read more ...

Details

21 Feb 23

Updated: 21 Feb 23

HomeDepot down;

Ave Tkt prices up

PRO boosted by traders
return. WFH refits slower

Home Depot the $157Bn+ home & small business improvement reseller reported Q4'22 results. It has benefited from WFH trends, but volumes were down, offset by higher prices. CEO Ted Decker commented on the strong growth of its PRO supply business with SMB/traders. Updated with Q&A analysis

Read more ...

Details

21 Feb 23

Updated: 22 Feb 23

Walmart walking
back to 'normal'?

Ecom weak at 13%/sales.
Consumers get 'choiceful'

Ex-#1 global retailer Walmart reported steady volume growth but weaker profits in Q4'23. It continued to ape Amazon's initiatives in vain and benefited from higher ticket prices, CEO Doug McMillon's comments appear complacent, given opaque and weaker ecommerce activity. We analyse commentary + analysts Q&A session. Updated

Read more ...

Details

18 Feb 23

Updated: 20 Feb 23

Shopify Promise
mimics Amazon 

Finally,  Mcom platform
gives 

delivery visibility

Shopify, the #2 MCommerce platform for business supply entrepreneurs is expanding its 'Shop Promise' program to all eligible U.S. merchants over the next few months, President Harley Finkelstein said on an earnings call last Wednesday

Read more ...

Details

17 Feb 23

Updated: 17 Feb 23

ALSO adds UK to
European network

€12Bn tech reseller opens
greenfield cloud services

 
The leading technology provider, ALSO Holdings based in Switzerland continued its growth strategy by establishing a new greenfield operation in the UK. CEO Gustavo Moller-Hergt said "We are responding to customers requests to establish a local access to our cloud and cybersecurity platform"

Read more ...

Details

17 Feb 23

Updated: 17 Feb 23

Lenovo slows down

in weak IT market

Mob & Infrastructure Svcs
experience tough quarter

The international PC & mobile giantLenovo reported a big volume drop  in Q3'23, but still maintained its lead as #1 PC maker. "The Mobile group along with the growing Services group progressed aided by inflationary price increases" reported ceo Yuanqing Yang

Read more ...

Details

16 Feb 23

Updated: 16 Feb 23

Nestlé flat demand

gets price boost

Global volumes weaken
Health Sciences stronger

Nestlé, the #1 global #1 food & beverage maker reported flat volumes in FY2022 boosted by price increases. Demand predictably continued strong in WFH-consumer markets e.g. coffee, water. "There were signs of recovery in business supply eg breakroom and restaurants" reported ceo Mark Schneider.

Read more ...

Details

16 Feb 23

Updated: 16 Feb 23

Foodservice fights
rematch & recover

Sysco Up! US Foods' better
New ceo makes EV impact

Foodservice supply leaders to business & restaurants Sysco & US Foods reported steady recoveries, boosted by higher price increases. Activist shareholders pressure at USF caused ceo to resign and with a new ceo in place making an electric impact! Updated 

Read more ...

Details

15 Feb 23

Updated: 22 Feb 23

Fearful FEMSA
to spinoff Envoy?

Seeks sale to minimize
debt & integration costs?

FEMSA the $27Bn Mexican based convenience store & fuel station chain (Oxxo) that acquired Waxie-NAmerican jansan dealer network in 2020 via its Envoy Solutions subsidiary, has made 32 acquisitions in the hygiene & packaging business. Now surprising its board is exploring strategic alternatives? Has it got cold feet over the daunting integration challenge?

Read more ...

Details

15 Feb 23

Updated: 15 Feb 23

Shopify still strong
with entrepreneurs

Accelerating growth rate.
Heavy growing pain losses 

Shopify, the specialist MCom platform for business supply entrepreneurs grew less rapidly in Q4'22 with 1M+ independent partners. It has invested in distribution services but is bleeding cash. Can ceo Tobi Lutke match Amazon's delivery execution with Deliverr? AUpdated

Read more ...