HD Supply Holdings Inc. announced it had agreed to sell the company’s Construction & Industrial – White Cap business to an affiliate of private equity firm CD&R for $2.9 billion. HD Supply will consist of one core business, facilities Maintenance. The...
Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX) announced today that it has entered into definitive agreements with WAXIE Sanitary Supply and North American Corporation to form a new platform within the Jan-San, Packaging and Specialized distribution...
Amazon’s AmazonCommercial platform is an entry into jan/san products and could portend additional private-label product categories. Read the full story
Amazon Business announced that it will reach $10 billion in annual sales this year, a little more than two years after reaching $1 billion in sales in its first year. Third-party sellers account for more than half of its revenue. Ready the story
Staples Inc. announced that it has acquired HiTouch Business Services. HiTouch will now be a part of the Staples Business Advantage delivery organization. HiTouch’s marketplace website will continue to serve as an independent platform run by the HiTouch management...
