Friday, 21 February, 2020
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Essendant announces more restructuring as sales and earnings drop

US business products wholesaler Essendant has launched a $50 million cost-savings plan after it reported declining full-year sales and profits.The…

Office products drive Essendant growth

Organic Q1 sales growth of 2% at Essendant was largely down to a good performance in the core office products…

Aiken says Staples agreement is good for IDC

OPI spoke to Essendant CEO Bob Aiken on Friday about the wholesaler’s contract agreement with Staples.Essendant CEO Bob Aiken has…

Insight: Essendant to the rescue?

OPI has learned more details of Essendant’s role in a possible solution to get the Staples-Office Depot deal approved.As we…

Management changes at Essendant

US wholesaler Essendant has announced two senior management changes and provided more details of its latest cost-reduction plan.The exec changes…

Insight: Essendant linked to Staples-Depot remedy

Following recent industry rumours, wholesaler Essendant’s name has emerged in the mainstream US press as a possible solution to enable…

Analysis: Aiken starts to make his mark

Essendant CEO Bob Aiken showed today he has a clear idea of where he wants to take the company.After about…

Essendant to make additional cost reductions

US wholesaler Essendant has announced further cost reductions and a refinement to its business strategy.In its third quarter earnings release,…

Essendant sees top-line pressures

Essendant reported an organic sales decline in the third quarter following headwinds in the industrial sector and the exiting of…

Big Read

Analysis: Inside ACCO’s FY results

The double-digit jump in ACCO’s share price on Wednesday came as the company’s Q4 results beat Wall Street sales and…