Wednesday, 26 February, 2020

HP supplies sales slide again

HP Inc has reported that its print supplies sales fell by 7% in its first quarter, although the decline was…

DTC drives Avery performance

Continued double-digit growth in its direct-to-consumer (DTC) business boosted Avery’s sales and earnings in 2019. FY2019 revenue at the label…

Bunzl makes acquisitions, publishes FY results

International distribution group Bunzl has announced two further acquisitions – in Brazil and Denmark – in the healthcare and personal…

OptiGroup to acquire Norwegian jan/san distributor

Scandinavian B2B supplier OptiGroup is expanding its facilities supplies offering with an acquisition in Norway. The Sweden-based group (formerly known…

Steelcase sells viscom unit

Office furniture giant Steelcase has sold its PolyVision visual communications subsidiary to a private equity buyer. The business has been…

HP adopts anti-Xerox poison pill

HP Inc has implemented a shareholder rights plan, otherwise known as a poison pill, ostensibly to prevent Xerox from acquiring…

Quantore appoints Operations Director

Leading Dutch office products group Quantore has hired an experienced supply chain professional as its new Operations Director. Joining the…

Sales woes continue at Takkt

As expected, the rate of organic top-line declines at European and North American MRO and business supplies reseller Takkt accelerated…

FTC confirms Depot refunds

More than half a million US consumers will receive refunds related to Office Depot’s alleged misuse of computer check-up software.…

GPC reports declines at SPR

Fourth quarter sales at business products wholesaler S.P. Richards (SPR) fell by more than 6%, parent company Genuine Parts (GPC)…

Double-digit growth for Officeworks

Leading Australian office supplies retailer Officeworks achieved another impressive increase in revenue in the first half of its financial year.…

Positive Q4 for HNI

Manufacturer HNI has reported organic growth of almost 6% in its office furniture segment for the fourth quarter of 2019.…

Big copier dealer expands

One of the UK’s biggest independent managed print and copier dealers has made an acquisition in the north-west of England.…

Good market insight from Knoll

Contract office furniture maker Knoll has changed how it reports its quarterly results and provided some interesting details about current…

Online shift accelerating, says NPD

The latest office supplies report by point-of-sale data specialist The NPD Group shows that digital trends drove the US industry’s…

CNG acquires paper merchant

Distribution group Central National Gottesman (CNG) has acquired a US regional paper merchant via its Lindenmeyr Munroe subsidiary. Lindenmeyr Munroe…

Fellowes makes senior EU operations appointment

Fellowes Brands has appointed experienced finance professional James Hargreaves as its European Operations Director. Hargreaves started in his new job…

SPOT makes CSR appointment

UK business supplies group Spicers-OfficeTeam (SPOT) is aiming to take its sustainability credentials to a new level after appointing a…

Mondi appoints CEO

Paper manufacturer Mondi’s long-serving CFO Andrew King has been named as its permanent CEO. King has been handling CEO duties…

Positive year for Wulff

Sales and earnings at Scandinavian office supplies reseller Wulff both moved in the right direction in 2019. The group reported…

Big Read

HP to hold talks with Xerox

The chances of HP Inc acquiring Xerox went up by a couple of notches following yesterday’s highly anticipated Q1 earnings…