HD Supply to Focus On Facilities Maintenance

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...

Waxie, North American, and FEMSA Form New Company

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 enters the Jan/San Market

Amazon’s AmazonCommercial platform is an entry into jan/san products and could portend additional private-label product categories. Read the full story

Amazon To Achieve $10B Run Rate in 2018

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 Acquires HiTouch Business Services

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...