No pain, no gain for Staples

It was another tough quarter for Staples, but it continues to make progress with its strategic transformation.Staples' full third-quarter results…

China Stationery reports steep filing declines

China Stationery's sales of non-patented filing and storage products slid almost 15% in the first nine months of the year,…

Spicers remains profitable, says Better Capital

Spicers' owner Better Capital has said the wholesaler remains profitable despite a fall in sales.In its interim report released this…

Boise exec Chung-Li Lee to retire following PCA acquisition

Boise's Director of International Supply Chain Chung-Li Lee has announced his retirement.Lee's position at Boise has been eliminated following the…

Last-minute deal could save Office Depot employees in Israel

A last-ditch effort to save the ailing Office Depot business in Israel seems to have been successful, according to the…

Keurig drives Green Mountain full-year sales

Demand for single-serve coffee packs drove full-year sales at Green Mountain Coffee Roasters (GMCR), with net sales climbing 16% to…

Clarification: Staples earnings in line with analyst expectations

Staples has posted adjusted Q3 earnings per share of $0.42, not $0.21 as OPI reported yesterday. The result was in-line…

Starboard plans sale of 11m Office Depot shares

Investment fund Starboard has announced its intention to offload 11 million Office Depot shares, worth about $58.2 million.In a filing…

Staples Q3 sales fall

Staples has posted Q3 sales of $6.1 billion, down 3.8% on the same period last year.While this was below analyst…

Office Depot Israel in liquidation

Office Depot's operations in Israel have been placed in temporary liquidation, according to the Israeli press.Following a court ruling at…

Best Buy returns to same-store growth

The turnaround of consumer electronics retail Best Buy appears to be on track after US same-store sales grew by 1.7%…

European confidence improves in Q4

A renewed feeling of optimism amongst European OP executives was a highlight of OPI's fifth quarterly Business Confidence Survey.41% of…

TriMega reports record year-to-date results

US dealer group TriMega has said that member purchases through its buying programmes are at a record level so far…

OPI readers report lacklustre back-to-school season 

More than 40% of respondents to an OPI poll have reported that their back-to-school performance was down on last year.In…

Office Depot receives $35m Boise windfall

Office Depot has received about $35 million in cash from its stake in Boise Cascade Holdings (BCH).Through its recent merger…

Exacompta Clairefontaine Q3 sales steady

European paper and stationery manufacturer Exacompta Clairefontaine has reported solid third-quarter sales, with a year-on-year increase of 0.8%.The France-based firm…

o2o seeks further cost savings

Leading UK reseller office2office (o2o) has said that it is implementing further cost savings as it looks to offset continued…

Price competition hits Turbon sales

Aftermarket consumables manufacturer Turbon said price competition continued to hit its business after reporting a double-digit decline in nine-monthly sales.The…

Avery reports improved profitability

Avery's parent company CCL said the label manufacturer's third-quarter performance exceeded internal expectations as cost savings led to improved profitability.CCL…

Supplies Network becomes PrintFleet LINK partner

Distributor Supplies Network has joined managed print specialist PrintFleet's LINK partner network.PrintFleet's LINK is a new platform that enables business…

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UK OP industry hit by public holiday change

The recent switch of the 2020 Early May Bank Holiday in the UK has left the country’s office supplies wholesalers…