Saturday, 7 December, 2019

Icahn publishes letter to HP shareholders

Activist investor Carl Icahn has written an open letter to the shareholders of HP Inc, likening the company’s standalone restructuring…

SPR to sell regional distributor

US wholesaler S.P. Richards (SPR) has agreed to sell its Garland C Norris (GCN) unit to Southeastern Paper Group (SEPG).…

Bidding war for Tech Data

The private equity firm aiming to buy technology distributor Tech Data has upped its purchase price after the company received…

Xerox keeps promise to go hostile

Xerox has said it will engage directly with HP’s shareholders after accusing the HP board of pursuing a strategy that…

HP focuses on business

HP Inc declined to comment on the hostile takeover move by Xerox during yesterday’s quarterly earnings conference call. At the…

Online sales jump at Best Buy

Consumer electronics retailer reported a 15% increase in its US online sales in the third quarter. Best Buy’s e-commerce sales…

Sales steady at Tech Data

Technology distributor Tech Data has reported flat currency-adjusted sales in the third quarter. The company’s revenue in the three months…

HP stands its ground

HP Inc has sent another letter to Xerox again rejecting its smaller rival’s takeover offer. At the end of last…

De-icer wins ISSA Innovation award

A chloride-free de-icer from Secure Winter Products took home the coveted ISSA Innovation Award at last week’s annual ISSA North…

Clover Imaging acquired by management/private equity combo

The management of Clover Imaging Group in partnership with Norwest Equity Partners (NEP) have agreed to acquire the aftermarket remanufacturer…

Xerox flexes its muscles

Xerox has fired a strongly worded letter to HP Inc’s board underlining its intention to push ahead in its attempt…

Willert Snr joins Static Control

The former CEO of LMI Solutions Gary Willert has been hired by Static Control in a strategic advisory capacity. Willert…

Two acquisitions for Cott

Water and beverages supplier Cott has made an acquisition on each side of the Atlantic. On Monday 18 November, Cott’s…

CFO to leave Depot | sales-i develops rep group solution | ALSO agrees €300m...

This week’s round-up of business supplies-related stories from around the web. Depot searching for new CFO Office Depot Inc is…

Amazon to launch smart shelf for supplies reordering

The Amazon Dash button may be a thing of the past, but the e-commerce giant is keeping the brand alive…

Smead announces changes to manufacturing footprint

Organisational products vendor Smead is to expand two US facilities after carrying out what it calls an “operations efficiency initiative”.…

GPC names Chief Transformation Officer

S.P. Richards’ parent group Genuine Parts Company (GPC) has appointed Will Stengel to the new position of Chief Transformation Officer.…

ISC and Amazon to cooperate on counterfeits

The Imaging Supplies Coalition (ISC) and Amazon have signed a memorandum of understanding they say will initiate a new era…

HP rejects Xerox offer

The board of HP Inc has unanimously rejected the recent takeover offer from Xerox, saying it significantly undervalues the company…

Depot to pay Washington $900,000

Office Depot Inc has agreed to pay $900,000 to the State of Washington in relation to an investigation into deceptive…

Big Read

Icahn publishes letter to HP shareholders

Activist investor Carl Icahn has written an open letter to the shareholders of HP Inc, likening the company’s standalone restructuring…