Sep 17, 2012
Staples, Office Depot and OfficeMax have been in the news lately for declining revenue and profits. The office superstores (OSS) face an immense challenge to transform as there is less demand for some of their biggest sources of profit (ink and toner cartridges) and less use of one of their biggest assets (retail stores). How they pivot at this point will likely determine their direction for years to come.
Sep 21, 2011
The following is an open letter to the industry from Charlie Corr, Vice President of Corporate Strategy, Mimeo.com. Charlie spent many years at InfoTrends before moving to Mimeo.com in 2007. Charlie’s message is an important one so we are posting it here in its entirety with his permission.
Several weeks ago the New York Times published an article titled “Dump Your Printer To Escape the Madness.” Â The author, Sam Grobart, launched an attack on the “printer-industrial complex” but by the third line stated that “we live in a world where going without a printer can be more trouble than it is worth.” Â He is right! That is why there are over 132 million inkjet printers installed in the US, an average of 1.2 per household. Owning a printer is a major convenience and well worth the minimal cost. Read more »
Nov 18, 2010
There has been a flurry of acquisition activity this week in the aftermarket. First, Katun acquired Media Sciences’ toner business and now Clover has acquired broker, Environmental Reclamation Services (ERS). According to the press release from November 15, 2010, Clover Holdings, Inc., the largest aftermarket remanufacturer, acquired ERS but both companies will continue to operate independently servicing their customers. Founded in 1990, ERS is headquartered in Erie, PA and is a global provider of environmental solutions including recycling and the collection of printer supplies and small electronics. ERS is one of the biggest companies of its kind processing over 70 million units since inception and had been owned by Falcon Investments since March 2007. The other large broker similar to ERS would be Greentec (Ontario, Canada). Read more »