Tag: Genuine Parts
SPR reports Q3 results
Third quarter sales and operating earnings of North American wholesaler S.P. Richards (SPR) have been reported via its parent organisation…
SPR announces new HQ and DC plans
North American wholesaler S.P. Richards (SPR) is set to move to new headquarters in the coming weeks following last month’s…
Antalis supporting breast cancer research | HP makes Southeast Asia raids | Record year...
A round-up of this week’s business supplies-related news from across the globe. Antalis supporting fight against breast cancer For the…
Amazon drone deliveries imminent | Xerox and HP strengthen ties | Xerox acquisitions |...
This week’s round-up of office products and business supplies news from around the globe. Amazon ready for drone deliveries Amazon…
Sales increase for SP Richards
First quarter sales at wholesaler SP Richards (SPR) increased by 1%, parent company Genuine Parts (GPC) has revealed in its…
Staples deal for Essendant confirmed
The acquisition of US office products wholesaler Essendant by Staples in a deal worth almost $1 billion has been confirmed.…
No counterbid for Essendant, says Genuine Parts
Genuine Parts (GPC) has said it intends to let its SP Richards (SPR) merger agreement with Essendant terminate rather than…
Staples turns the screw on Essendant
Staples has sent Essendant a draft merger agreement after reiterating its previous proposal to acquire the wholesaler for $11.50 per…
Analysis: Mega-merger in US wholesale channel
Speculation has been rife in the US since the beginning of 2018 that something 'big' was about to happen at…
Comment May 2018
Ihad this column for the Breakroom Special issue of OPI all worked out, talking in some detail about the opportunities…
Interview: Essendant leaders on the SPR merger
OPI catches up with Essendant CEO Ric Phillips and President of Office & Facilities Harry Dochelli to discuss the transaction…
Operating profit slides at SP Richards
First quarter operating profit at US business products wholesaler SP Richards fell by more than 30% year on year, parent…
Business as usual, say Essendant and SP Richards
US office products wholesalers SP Richards and Essendant have both delivered 'business as usual' messages to staff, suppliers, customers and…
SP Richards and Essendant announce merger
The two leading office products wholesalers in the US have announced plans to combine.In anannouncement earlier today, Essendant and SP…
Analysis: Which road will Essendant take?
At the end of February, US business products wholesaler Essendant reported a set of challenging 2017 financial results, with sales…
Analysis: Other options for Essendant
OPI follows up on yesterday’s article about business products wholesaler Essendant.In the article, we looked at the possibility of Essendant…
Tough quarter for SPR
Sales declines continued for US office products wholesaler SP Richards (SPR), revealed parent group Genuine Parts (GPC) in its Q4…
Analysis: Tough road ahead for Essendant
US wholesaler Essendant faces some stiff challenges as it looks to get itself back onto a growth trajectory.The company posted a…
Genuine Parts CEO: ‘No intention’ of divesting SP Richards
Genuine Parts CEO Paul Donahue told analysts on yesterday’s third-quarter earnings conference call that the group had “no intention at…
Mid-single-digit declines at SP Richards
US office products wholesaler SP Richards (SPR) has reported a sales decline of almost 5%, parent company Genuine Parts revealed…
Big read
DEX to provide turnkey MPS solution for Essendant dealers
In the second part of our interview with Harry Dochelli (click here for Part 1), the Essendant President reveals details…