GLG News by Office Supply Companies Experts
Analysis of:
HP Tries to Create Printers That Love the Web (www.nytimes.com)
You've ceratinly got to hand it to HP in terms of Marketing prowess and continually appealing to its extremely loyal base of customers---they truly epitomize their time-tested Brand moniker, INVENT. Although they deserve all the credit in the world for applying the word INVENT to the continual...
April 16, 2007
Office Depot Joins the "Hunt" with OfficeMax and Staples in the Print Services Segment
Analysis of:
Office Depot's Design, Print and Ship Depot Offers Wide Range of Services Geared to Helping Small Busineses (mediarelations.officedepot.com)
Office Depot Joins the "Hunt" with OfficeMax and Staples in the Print Services Segment
In a retail store segment long considered as a convenience vs a revenue/footstep/repeat traffic/profit generating area, Office Depot has recently joined its sector competitors in announcing the benefits of its Design, Print and Ship Depot. Coming off a stellar 2006 with two of four fiscal Quarters showing...
Analysis of:
Best Buy and Kodak "ink" Exclusive Hardware Deal (www.retailingtoday.com)
In what could be an ultimate "life saving" venture for Kodak, the company recently announced its entry into the printer and consumable business in partnership with the nation's largest CE chain, Best Buy. As the exclusive retailer for the launch, Best Buy will carry two-thirds of the line for 3 months...
Analysis of:
Fedex Kinko's Thinks Small (www.chainstoreage.com)
Coming on the heels of last year's successful rollout in Orlando, FL which tested merchandizing of 350 core office supply sku's within its traditional 6,000 sq.ft. print/package shipping stores, FDX has recently announced opening 200 additional stores by summer '07. These new units will feature a much...
Analysis of:
Kohl's ceo 'very pleased' with results (www.retailingtoday.com)
Kohl's has delivered a rock-solid earnings year in 2006 and has proven beyond a shadow of a doubt that today's retailers must differentiate, and provide value to customers every day in order to sustain profitability, growth and future momentum. Kohl's is truly a "poster child" of all that is right in...
Analysis of:
OfficeMax Has Profit on Lower Store Operating Costs (Update6) (www.bloomberg.com)
After successfully consuming a very "full plate" of initiatives in their 2006 Turnaround plan, OfficeMax has delivered results in excess of analyst expectations. Shareholders too had something to celebrate as OMX shares soared to over $50+ at FY year end. Defensive posturing delivered through warehouse...
Analysis of:
OfficeMax Has Profit on Lower Store Operating Costs (Update6) (www.bloomberg.com)
Profits are being made only be an accident. This happens by keeping operating costs low with less sales help. Just think if the real amount of sales help needed were properly trained and briefed on product, how much higher profits would soar. With entry level sales help in the stores...
Analysis of:
"Compact Car" Format to Take FedEx Kinko's for a Long Ride (www.retailingtoday.com)
Following on the heels of the rollout of smaller format stores last year in the Orlando, FL market, FedEx Kinko's is poised to open 200 additional units by the end of May 2007, taking the total to over 300 and allowing them to compete in more markets with the three principal players in the OSS for sales...
Analysis of:
ACCO Brands Corporation Updates Fiscal 2006 Outlook (biz.yahoo.com)
Coming off the heels of a year that has seen plant closures and consolidations in Mexico, North America and Europe coupled with declining incomes from sales of office supplies creating further consolidation of brands, ACCO has announced on 1/17/07 an adjusted EBITDA for the full year ending 12/31/06,...
February 6, 2007
OfficeMax Turns to Offense to Drive Growth of Business Customers, Store Traffic and Topline Sales
Analysis of:
OfficeMax ImPress Copy Equipment Goes High-Tech to Provide Customers Speed, High Quality and Convenience (officemax.mediaroom.com)
OfficeMax Turns to Offense to Drive Growth of Business Customers, Store Traffic and Topline Sales
Coming off three solid quarters of earnings in FY 2006 with Q4 and year end not yet announced, it appears that OfficeMax will go on the offensive to drive store traffic, loyalty and market share through its print-for-pay venue, ImPress. At the close of 2006, OMX announced that it would change...
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