Office Products

Staples, Inc. Announces Commencement of Exchange Offer for Outstanding 10.75% Senior Notes due 2027 and Consent Solicitation

Retrieved on: 
Vendredi, mai 10, 2024
Retail, Office Products, Debt-to-GDP ratio, Exchange offer, ABL, Sponsor, Exchange, Consent, First Option, Solicitation, Expiration, Senior, Old, Judgement, Staples Inc., Lien, Partial, Note, Security (finance)

Therefore, the Company expects to have the necessary Consents to adopt the Proposed Amendments, assuming the consummation of the Exchange Offer and Consent Solicitation.

Key Points: 
  • Therefore, the Company expects to have the necessary Consents to adopt the Proposed Amendments, assuming the consummation of the Exchange Offer and Consent Solicitation.
  • Each Eligible Holder that tenders Old Notes into the Exchange Offer will be deemed to have given its Consent to the Proposed Amendments with respect to those tendered Old Notes.
  • The Early Exchange Time or the Expiration Date with respect to the Exchange Offer and Consent Solicitation can be extended independently of the Withdrawal Deadline for the Exchange Offer and Consent Solicitation.
  • The following table sets forth the Early Exchange Consideration and Late Exchange Consideration to be offered to Eligible Holders of the Old Notes in the Exchange Offer:

Loop Brings its Best-In-Class Returns Management Software to Salesforce Commerce Cloud

Retrieved on: 
Jeudi, mai 9, 2024
Data Management, Discount, Variety, Technology, Department Stores, Other Retail, Logistics, Supply Chain Management, Specialty, Restaurant, Bar, Fashion, Office Products, Cosmetics, Retail, Small Business, Transport, Professional Services, Other Technology, Catalog, Bridal, Software, Online Retail, Cloud, Salesforce, Commerce, Online shopping

Loop , the leading returns and reverse logistics platform, today announced it now supports merchants on Salesforce Commerce Cloud, expanding its footprint beyond Shopify’s ecosystem.

Key Points: 
  • Loop , the leading returns and reverse logistics platform, today announced it now supports merchants on Salesforce Commerce Cloud, expanding its footprint beyond Shopify’s ecosystem.
  • This expansion will empower enterprise merchants operating on Salesforce Commerce Cloud with Loop’s industry-leading returns management solution, taking the hassle and burden out of costly customer returns.
  • Merchants operating on Salesforce Commerce Cloud will gain access to Loop’s easy-to-use returns management software, allowing them to optimize reverse logistics, support profit margins by lowering the cost of returns and delight customers with a modern, exchange-first returns experience.
  • If you are a merchant operating on Salesforce Commerce Cloud and are interested in being an early adopter, book a demo with the team at loopreturns.com/loop-salesforce-commerce-cloud .

AppDirect Acquires Marketplace Platform Builtfirst to Further Mission of Becoming the Premier Destination for Marketplace Solutions

Retrieved on: 
Jeudi, mai 9, 2024
Data Management, Electronic Commerce, Technology, Digital Marketing, Apps, Applications, Outsourcing Business, Office Products, Payments, Retail, Carriers and Services, Business, Fintech, Marketing, Consulting, Communications, Professional Services, Software, Networks, Hardware, Supply Chain Management, Online Retail, Acquisition, Organization, Commerce, Corporate development, Enterprise, Running, Ecosystem, Knowledge, Sales

AppDirect , the world’s leading B2B commerce platform, today announced it has acquired Builtfirst, a leader in self-service marketplace platform technology.

Key Points: 
  • AppDirect , the world’s leading B2B commerce platform, today announced it has acquired Builtfirst, a leader in self-service marketplace platform technology.
  • Adding the Builtfirst platform into AppDirect’s suite of solutions further expands AppDirect’s ability to help companies of all sizes with their marketplace needs, becoming the single source destination for marketplaces.
  • As a subscription commerce platform, AppDirect will offer Builtfirst customers additional benefits and new functionality, like the ability to leverage components of AppDirect’s digital commerce platform.
  • We have extensive experience in helping mid-size organizations accomplish their marketplace goals,” said Aaron Bailey, co-founder and CEO of Builtfirst.

The ODP Corporation Renews and Extends Existing Asset-Based Credit Facility

Retrieved on: 
Jeudi, mai 9, 2024
Retail, Other Retail, Technology, Home Goods, Specialty, Office Products, Hardware, The ODP Corporation, Growth

The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it has amended and extended its existing asset-based credit facility.

Key Points: 
  • The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it has amended and extended its existing asset-based credit facility.
  • The amendment extends the maturity date to May 2029.
  • The renewed $800 million facility includes certain more attractive credit terms and conditions, enhancing the company’s balance sheet and liquidity position to support future growth.
  • “The extension of our credit facility is a validation of our strong financial position and business model,” said Gerry Smith, chief executive officer of The ODP Corporation.

Brother International Corporation Expands P-touch EDGE Handheld Industrial Printers Line

Retrieved on: 
Mercredi, mai 8, 2024
Software, Mobile, Wireless, Supply Chain Management, Other Retail, Hardware, Office Products, Data Management, Specialty, Consumer Electronics, Technology, Retail, Engineering, Manufacturing, Multimedia, Environment, Feedback, Product management, EDGE, Multinational corporation, Create, Brother Industries, Cassette tape

Brother International Corporation, a premier provider of mobile, desktop, and industrial printers and handheld labeling tools, today introduces the newly added P-touch EDGE models: P-touch EDGE 310BT, P-touch EDGE 510, and P-touch EDGE 560BT.

Key Points: 
  • Brother International Corporation, a premier provider of mobile, desktop, and industrial printers and handheld labeling tools, today introduces the newly added P-touch EDGE models: P-touch EDGE 310BT, P-touch EDGE 510, and P-touch EDGE 560BT.
  • View the full release here: https://www.businesswire.com/news/home/20240508968178/en/
    “With rising costs and tight deadlines, industrial workers and employers need every advantage available.
  • The new P-touch EDGE models help address time constraints by reducing label creation time—saving companies valuable labor dollars—while ensuring high quality results,” says Raul Palacios, Director of Product Management, Brother Mobile Solutions Division at Brother International.
  • The versatile new P-touch EDGE industrial label printers require minimal setup, allowing users to get started quickly and include a powerhouse of intuitive features.

ezCater's 2024 "Feeding the Workplace" Report Reveals Businesses are Spending More on Food for Work

Retrieved on: 
Mercredi, mai 8, 2024
Professional Services, Retail, Small Business, Restaurant, Bar, Office Products, Food, Beverage, Organization, Workplace, Conference, Food packaging, Meal, EzCater, Growth, Food delivery

Today, food for work is expanding beyond traditional business catering, and more companies are using restaurants as a cafeteria alternative.

Key Points: 
  • Today, food for work is expanding beyond traditional business catering, and more companies are using restaurants as a cafeteria alternative.
  • In fact, the number of survey respondents reporting they order for daily and weekly recurring meals has increased 32% year-over-year.
  • They also reported interest in additional workplace offerings such as restaurant pop-ups, food trucks, grab-and-go, and special events.
  • From January 22, 2024, to February 2, 2024, ezCater surveyed more than 2,800 restaurant operators, corporate catering orderers, and employees, on the state of food for work.

The Container Store Group, Inc. Announces Fourth Quarter and Full Fiscal 2023 Earnings Conference Call

Retrieved on: 
Mercredi, mai 8, 2024
Retail, Home Goods, Specialty, Office Products, TCS, Q&A

The Container Store Group, Inc. (NYSE: TCS) today announced that its fourth quarter and full fiscal 2023 financial results will be released before market open on Tuesday, May 14, 2024.

Key Points: 
  • The Container Store Group, Inc. (NYSE: TCS) today announced that its fourth quarter and full fiscal 2023 financial results will be released before market open on Tuesday, May 14, 2024.
  • The Company will host a conference call at 8:00 a.m. Eastern Time to discuss the financial results.
  • This call will include both live, prepared remarks as well as a Q&A session.
  • A live audio webcast of the conference call will be available online at investor.containerstore.com .

The ODP Corporation Announces First Quarter 2024 Results

Retrieved on: 
Mercredi, mai 8, 2024
Office Products, Online Retail, Retail, Department Stores, Specialty, Core, Project, Sale, Small business, Acceleration, Tech, Capital, ODP, Depreciation, ROU, E-commerce, Capital expenditure, The ODP Corporation, Smith, EPS, OfficeMax, Share repurchase, Nationwide, GAAP, Growth, Video game

Total reported sales for the first quarter of 2024 were $1.9 billion, a decrease of 11% compared with the same period last year.

Key Points: 
  • Total reported sales for the first quarter of 2024 were $1.9 billion, a decrease of 11% compared with the same period last year.
  • Adjusted results for the first quarter of 2024 exclude charges and credits totaling $33 million as described above and the associated tax impacts.
  • Reported sales were $0.9 billion in the first quarter of 2024, down 8% compared to the same period last year.
  • During the first quarter of 2024, the Company repurchased 957 thousand shares at a cost of $50 million.

Toast Announces First Quarter 2024 Financial Results

Retrieved on: 
Mardi, mai 7, 2024
Technology, Mobile, Wireless, Specialty, Office Products, Food, Beverage, Public Policy, Government, Retail, Small Business, Restaurant, Bar, Finance, Banking, Other Travel, Other Consumer, Accounting, Professional Services, Travel, Other Technology, Consumer, Software, Hardware, State, Local, Data Management, Other Retail, Digital technology, Sale, ARR, POS, Marketing, Love, GPV, Webcast, Business, P2PE, Forecasting, Regulation Fair Disclosure, Restaurant management, Classification, Benchmarking, Regulation, Point, Adjustment, GAAP, Growth, Disclosure, Music

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the first quarter ended March 31, 2024.
  • Our first quarter results demonstrate strong topline growth and margin expansion that we will continue to build on throughout the year.
  • GAAP subscription services and financial technology solutions gross profit was up 32% year over year from Q1 2023 to $291 million.
  • Toast will host a live conference call at 5:00 p.m. Eastern Time on Tuesday, May 7, 2024.

Bayberry Town Center Breaks Ground

Retrieved on: 
Mardi, mai 7, 2024
Men, Retail, Architecture, Office Products, Consumer, Home Goods, Residential Building & Real Estate, Commercial Building & Real Estate, Restaurant, Bar, Construction & Property, Supermarket, Women, Landscape, Food, Beverage, Weis Markets, Village, RT, Commercial property

Blenheim Group , the company that developed the 1,500-acre Village of Bayberry master-planned community just north of Middletown, Delaware, announced today it is starting site development activity at the highly-anticipated, 280,000-square-foot Bayberry Town Center.

Key Points: 
  • Blenheim Group , the company that developed the 1,500-acre Village of Bayberry master-planned community just north of Middletown, Delaware, announced today it is starting site development activity at the highly-anticipated, 280,000-square-foot Bayberry Town Center.
  • Bayberry Town Center will be anchored by a flagship, 64,000-square-foot Weis Markets and fuel facility.
  • When complete, Bayberry Town Center will also feature professional office space, two beautiful green spaces for community programming, 145 townhomes on the property, and internal street and trail connectivity with over 3,000 homes.
  • Bayberry Town Center has additional in-line and pad site restaurant and retail space available.