S.P. Richards' is a distributor of HON, Lorell and Mayline Group furniture.
Genuine Parts Company Announces Sale Of S.P. Richards' Canadian Operations
Genuine Parts Company announced that it has completed the sale of its wholly-owned subsidiary S.P. Richards Co. Canada Inc. (S.P. Richards Canada) to Novexco Inc. .
COE Distributing Celebrates Expansion of Smock, PA Warehouse with Ribbon Cutting Ceremony
COE Distributing, a nationwide wholesale distributor of office furniture, celebrated the expansion of its Smock, PA distribution center with a ribbon cutting ceremony.
Staples to Acquire Essendant for $482.7 Million
Essendant Provides Update On Proposed Merger With S.P. Richards
Essendant Inc. Wednesday provided several updates in connection with its proposed combination with the S.P. Richards.
INDEAL Partners with Horizon Keystone on New Furniture Financing Program for Its Dealer Members
Based in Mt Laurel, New Jersey, Horizon Keystone Financial is a provider of financial solutions to small businesses with a special emphasis on office furniture.
Essendant Confirms Receipt Of Two Proposals
Essendant Inc. confirmed that it received an unsolicited proposal from Staples, Inc. to acquire all shares of Essendant stock
Essendant and S.P. Richards Business To Combine
In an announcement earlier today, Essendant and SP Richards confirmed that they have entered into a definitive agreement to merge the two companies.
Distributor AIA Acquires OfficeZilla
The employee, not the employer, is dictating the future of work
JLL’s recently released Future of Work model dedicates a significant amount of attention to a company’s ability to create a memorable day-to-day for employees. We call it “The Human Experience” and we believe it’s going to completely change the way organizations attract and keep top talent. The Human Experience draws from a global study of more than 7,000 employees of JLL clients.
Essendant Reports First Quarter 2017 Sales Fell 6.1%
The company posted office furniture revenues of $70.1 million, a decrease of $(4.6) million or 6.1%, driven by sales declines in the independent dealer channel and national big-box retailers.
Essendant Reports Fourth Quarter And Full Year 2016 Results
Essendant Inc. (ESND), a leading national wholesale distributor of workplace items, today announced financial results for the fourth quarter and year ended December 31, 2016. For the quarter Office Furniture sales decreased $6.5 million, or 8.8%, to $67.3 million.
Essendant Stock Plummeted Thursday
Shares of office supplies and furniture wholesaler Essendant Inc. dropped 36.6% Thursday after the company announced weaker-than-expected second-quarter 2016 results. Quarterly revenue climbed 0.9% year over year, to $1.35 billion, while adjusted net income fell 34.2%, to $20.3 million. Adjusted earnings per diluted share declined 32% year over year, to $0.55. Analysts, on average, were looking for adjusted earnings of $0.84 per share on revenue of $1.36 billion.
Office Depot Rebrands Workspace Interiors by Office Depot / Partners with Inscape
Office Depot, Inc., a global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced the launch of the newly branded Workspace Interiors by Office Depot, an interiors solution provider. Workspace Interiors by Office Depot offers businesses of any size comprehensive support through every stage of an office renovation, from concept to completion. Office Depot also announced a partnership with Inscape.
Essendant's Acquisition Of Wholesale Business From Staples Called Off Due To Preliminary Injunction Ruling
Acquisition was contingent on successful closing of Staples/Office Depot merger U.S. District Court blocked merger between Staples/Office Depot in May 10 ruling Staples and Office Depot have announced plans to abandon the transaction.