March Madness is in full swing, which means productivity will suffer in offices across the country over at least through the weekend during the first two rounds of the NCAA Division I Men's Basketball Tournament. Sadly for me, this is the first time in 19 years that my Wisconsin Badgers didn't make the Big Dance, so I'm just rooting for chaos and all the upsets.
Here on ID, Justrite's acquisition of fellow prominent safety supplier Eagle Manufacturing Company was major news, while a survey report on JanSan distributors' e-commerce usage was also well-read, along with a news report that Amazon is developing a credit card for small businesses.
Here's this week's Top 5
Justrite Safety Group Acquires Eagle Manufacturing Co.: Justrite Safety Group, a supplier of products for the safe management of flammable liquids and other hazardous materials, has announced the acquisition of West Virginia-based Eagle Manufacturing Company, a manufacturer of safety cans, safety cabinets, spill containment products, poly drums and material handling products.
Essendant Report Shows Jan/San Distributors' E-Commerce Struggle, Amazon Impact: Workplace essentials distributor Essendant recently released its report on a fall 2017 study of 114 JanSan resellers and distributors, with the results covering a slow rate of e-commerce adoption and the reasons for it, as well as what impact Amazon is having on the JanSan distribution market.
Report - Amazon To Offer Credit Card To Small Business Customers: Bloomberg reported Tuesday that Amazon is in talks with banks including JPMorgan Chase on a co-branded credit card for small business owners who shop on the e-commerce giant's website. It would be the latest attempt by Amazon to disrupt the industrial and office supply market.
Leaner HD Supply Sales Grew 6.3% In 2017, Gives Employees Bonus Up To $1,000: Down to Facilities Maintenance and Construction & Industrial as its two business units following the 2017 divestment of its Waterworks segment, a leaner HD Supply saw strong sales growth in 2017, with growth accelerating throughout the year.
Hitachi Power Tools To Become Metabo HPT In September: Following Hitachi's 2015 purchase of Metabo and then investment firm KKR's $1.3 billion purchase of Hitachi in early 2017, Hitacho Power Tools will become Metabo HPT in the North American market beginning this fall.