Andy Braithwaite
Further sales declines at ADVEO
Troubled European office products and stationery wholesaler ADVEO has, as expected, reported a decline in sales for its third quarter.…
ADVEO files an insolvency proceeding
Pan-European business supplies and stationery wholesaler ADVEO has filed for an insolvency proceeding after its lenders withdrew their support for…
Depot turnaround still a work in progress
Office Depot’s third quarter earnings results this week certainly caught the eye of Wall Street and the US media as…
Office Depot reports BSD growth
Office Depot Inc says its Business Services Division (BSD) grew organically in the third quarter. In the company’s Q3 earnings…
Industry Week gaining momentum
As many OPI readers probably know, the Business Solutions Association (BSA), the US trade association comprising manufacturers, wholesalers and manufacturer…
TOPS office products owner to be acquired
LSC Communications, the parent company of US office products brands TOPS and Quality Park, is to be acquired by $4…
Analysis: Double-whammy hit ACCO’s Q3 results
ACCO’s Q3 performance in the US nosedived largely as a result of issues in the wholesaling channel and economic factors…
ACCO taking action as US sales and profits decline
Office products manufacturer ACCO Brands is taking pricing and cost-reduction actions after it saw sales dip in its key US…
Analysis: The devil’s in the data
As the Federal Trade Commission (FTC) antitrust investigation into Staples Inc’s acquisition of Essendant nears its conclusion, a key issue…
Mixed quarter for Essendant
US wholesaler Essendant has reported profit improvement in its third quarter results, but the top-line in the office reseller channel…
Staples secures Essendant shares
A potential banana skin in Staples’ attempt to acquire Essendant has been avoided after a majority of Essendant’s shares were…
ADVEO in creditor protection after Staples talks collapse
European business products wholesaler ADVEO has entered pre-insolvency proceedings after negotiations between its lenders and Staples Solutions ended without an…
Comparable sales boost for SP Richards
SP Richards’ (SPR) third-quarter year-on-year sales increase of 1.3% was the first quarter of comparable sales growth for three years.…
Slight sales increase at SP Richards
Third-quarter sales at US-based business products wholesaler SP Richards (SPR) increased by 1.3% versus 2017, parent company Genuine Parts (GPC)…
UK distributor enters administration
UK IT and EOS distributor Beta Distribution has gone into administration, OPI has learned. Rumours began circulating at the end…
Genuine Parts sues Essendant
Genuine Parts Company (GPC) has filed a lawsuit against Essendant, accusing the latter of “deceptive conduct and breaches of its…
Improved profitability at EVO
UK and Ireland office products group EVO – which includes wholesaler VOW and reseller Banner – has revealed EBITDA growth…
New office products retail brand in France
French cooperative Groupe Alkor has just launched a new retail brand called IOBuro. Managing Director Laurent Proy had told OPI…
Hot Topic: Game changers
When Staples and Office Depot decided almost simultaneously in 2016 to sell off their European operations – and their other…
Analysis: Staples Solutions makes ADVEO move
European office supplies reseller Staples Solutions has emerged as the “international industrial investor” that has signed an agreement with ADVEO’s…
Big read
ADVEO files an insolvency proceeding
Pan-European business supplies and stationery wholesaler ADVEO has filed for an insolvency proceeding after its lenders withdrew their support for…