GLG News by Office Supply Companies Experts
Analysis of:
Bad practice is more common practice than good practice with websites (www.theretailbulletin.com)
1)As the fastest growing sales channel in retail, the stakes are high but the rewards of increased revenue generation are even higher for retailers who continue to develop customer friendly websites. 2)Although the Top10 e-tailers consist of some of the largest multi-channel retailers in the US(Staples,...
June 17, 2007
Who Will Be the First Player in the Office Supply sector to Successfully Launch In-Store Pickup?
Analysis of:
Pick-up Artist (www.internetretailer.com)
Who Will Be the First Player in the Office Supply sector to Successfully Launch In-Store Pickup?
1)Being first to market this concept could well be part of the solution of turning around relatively soft Q1 financials for ODP(NYS:ODP), SPLS(NMS:SPLS) and OMX(NYS:OMX). 2)Playing off the fact that consumers and businesses alike are often time-compressed, in-store pick up of web orders appears to be...
Analysis of:
OfficeMax ctrl-ing Its Own Merchandising Destiny (tinyurl.com)
After a very disappointing Q1 2007, OfficeMax seeks additional ways to gain back momentum and capture share from chief rivals, Staples and Office Depot by appealing to the highly sought prize within the sector, the small and midsize business customer. --Unlike similar tech support programs offered through...
Analysis of:
Coca-Cola Is Said to Buy Vitaminwater (www.nytimes.com)
This article shows KO's current ability in identifying and acquiring brands that are uniquely positioned, have reasonably strong distribution, but still with a sense of newness and innovation.
May 25, 2007
Is it the Margin, the Brand Image, the Profitability or the Consumer Driving the Increased Penetration?
Analysis of:
Store brands still growing at office supers (www.accessmylibrary.com)
Is it the Margin, the Brand Image, the Profitability or the Consumer Driving the Increased Penetration?
1)Gross Margin elevation/Brand image-private label store brands constitute "blended" gross margins of 40-70% vs blended gross margins of 31-34% when selling supplies from suppliers such as ACCO, Avery, Newell-Rubbermaid, Mead-Westvaco. Putting your own name on a product means that you stand behind both...
May 25, 2007
After a Successful Turnaround Year in 2006, OfficeMax Misses Earnings Expectations in Q1 2007
Analysis of:
OfficeMax Reports First Quarter 2007 Financial Results (biz.yahoo.com)
After a Successful Turnaround Year in 2006, OfficeMax Misses Earnings Expectations in Q1 2007
1)The short-lived sustaining of growth lasted only 4 quarters which further highlights that OMX does not play in the same league as its rivals; shareholder confidence has already been shaken with the steep decline in share price shortly after the announcement and speculation has begun on whether or...
Analysis of:
OfficeMax Reports First Quarter 2007 Financial Results (biz.yahoo.com)
1)Office Depot's earnings announcement came with a mixed bag of results. Within the text of the financial press release, there are signs that overall foot traffic into stores and E-commerce website usage decreased in a business model built largely on attracting more small and midsize businesses. 2)A...
Analysis of:
Target outlines plans for private label push (www.accessmylibrary.com)
1)Market share gain from the grocery, club and big box sectors. Much of this gain could conceivably come at the expense of WalMart as the upper middle class and upscale demographic gravitates to Target's disciplined approach to fashion soft goods and current housewares/home furnishings strategies and...
Analysis of:
Staples Builds a Better Binder! Durable Binder is Built for Life and Makes Organization EASY (investor.staples.com)
Analysts who have closely watched the Office Supply superstores over the past 1-5 years are keenly aware of the positive impact that private label assortments have made to gross margins and overall profitability within the sector. Those who have watched the revenue and unit growth declines at companies...
Analysis of:
Sharper Image and OfficeMax Announce Licensing Partnership (officemax.mediaroom.com)
As the race for private, proprietary and licensed brands heats up in the Office Supply sector, OfficeMax has partnered in a muti-year agreement with Sharper Image for an exclusive line of products that will be featured in all store locations throughout 2007 and beyond. The obvious and most compelling...
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