Staples Canada’s Transformation Continues with Acquisition of Leading Canadian Office Supplies Dealers Denis Office Supplies and Furniture and Supreme Basics
Staples Canada ULC through its business-to-business division Staples Professional Inc. announces the acquisition of two Canadian office supplies dealers, Denis Office Supplies and Furniture and Supreme Basics.
Denis Office Supplies and Furniture services business customers throughout Quebec and Atlantic Canada through its network of stores/showrooms and Fulfillment Centres. Supreme Basics services business customers in the Prairies and Ontario with specialty office supplies and educational products.
Staples Professional customers will benefit from an expanded assortment of Education and Legal products from Denis and Supreme. The acquisition will also expand the supply chain for the three brands with an expanded delivery and furniture installation network, broadening the ability to reach more customers effectively and efficiently.
To read the full announcement, visit the Cision News Wire website.
US bans imports from China-based Ninestar over Uyghurs
The U.S. banned imports from China-based printer maker Ninestar Corp and a Chinese chemical company over alleged human rights abuses. The announcement was made on June 9.
Ninestar, whose website says it is the world’s fourth-largest laser printer manufacturer, and Xingjang Zhongtai Chemical, are being kept out of the U.S. supply chain for participating in business practices that target China’s Uyghurs and other persecuted groups, the U.S. Homeland Security Department (DHS) said.
U.N. experts and rights groups estimate that over a million people, mainly Uyghurs and Muslim minorities, have been detained in camps in China’s western Xinjiang region in recent years, with many saying they were subject to ideological training and abuse.
China has denied all accusations of abuse.
To read the full article, visit the Yahoo News website.
Is Buy Now, Pay Later Financing Right for Your Retail Business?
Buy now, pay later (BNPL) financing gives merchants a powerful boost to their bottom lines. It helps them drive new customer acquisition, higher average order values (AOV), and repeat purchases.
In a time when consumers have a lot of choices and customer-centricity is paramount, instalment financing has become a key engagement tool. And there’s a simple explanation for its success: today’s consumers want access to alternative payment methods and better shopping experiences.
The draw for many merchants is that BNPL services can be easily implemented as an off-the-shelf solution. And from consumer electronics to high-end jewelry, there seem to be unlimited possibilities when it comes to retail categories. Knowing and understanding your customers, however, is very important. With a product field that is rapidly evolving, research is vital to get a good sense of how a solution will align with your business needs and affect your brand reputation.
Find out which categories would benefit from BNPL by reading the full article at Retail Dive.
