Both Walmart and Sam’s Club in the US reported strong double-digit growth in e-commerce sales during the retail group’s second quarter. At Walmart US, revenue in the three months to 31 July 2023 was just under $111 billion, a comparable increase of 6.4%. The number of transactions increased by 2.9%, with average ticket up by
Staples B2B business in Canada has acquired a leading independent dealer in the Niagara Falls region. Effective 1 August, Staples Professional Canada is the new owner of Beatties, a business that can trace its roots back to the 1860s. Beatties – a former member of the Basics dealer group (now Canadian Workplace Solutions) – has
UK stationery and business products retailer Ryman has launched a loyalty scheme offering reduced prices and personalised deals. Ryman Rewards benefits online and in-store customers through a points system. They will have access to 900+ exclusive prices and earn one point for every £1 ($1.27) spent. In addition, 100 bonus points will be awarded to
In yesterday’s Q2 earnings call, The ODP Corporation (ODP) highlighted the Federation dealer strategy at its Business Solutions segment. Federation companies – regional dealers ODP has acquired over the past few years – now represent more than $500 million in annual sales. CFO Anthony Scaglione said these businesses had continued to demonstrate “solid growth” in
The recent acquisition of MRO and business products reseller Indoff had a positive impact on the second quarter results of Global Industrial. The industrial products group reported Q2 2023 revenue of $325.8 million. As reported, that was a 2.3% increase versus the same quarter last year. However, without the $23.9 million top-line contribution from Indoff