Nordics business products reseller Wulff has said sluggish market conditions were to blame for a fall in sales in the first quarter of 2024. The Finland-based group reported Q1 2024 revenue of €23.3 million ($26 million), a year-on-year decline of 7.8%. CEO Elina Rahkonen said the decrease was “slight” and in line with expectations. This
UK stationery retailer Ryman has reported a sharp uptick in profitability for the 12 months to the end of March 2024. In a trading update, the company said EBITDA for the full year just ended (FY23) was £2.7 million ($3.4 million), an improvement of more than £4 million on the FY22 figure. The result was
Grainger and Staples are two of the six new companies to have been awarded contracts on the US federal government’s online marketplace initiative. For the past three years, Amazon Business, Fisher Scientific and Overstock.com have been serving federal purchasers as part of the General Services Administration’s (GSA) Commercial Platforms Programme (CPP). In the next round
European online marketplace reseller Conrad recently acquired electronic components supplier Electronic Direct (ED). Germany-based ED was founded at the end of the 1990s and specialises in sourcing components for companies in the industrial, automotive, medical technology, aerospace and telecommunications sectors. As part of the Conrad Group since February, it will continue to operate as a
Imperial Dade has made its 82nd acquisition, this time in New York City. The company has bought Queens-based JAD Building Maintenance Supplies for – as usual – an undisclosed sum. Run by the Dussich family, JAD has been in existence for more than 60 years and supplies clients in all five boroughs of New York