Company refocuses brand positioning, expands product categories.
Latest In Essendant (United Stationers)
Sales for the first nine months up 1.2 percent year-over-year.
Company's changes include not replacing outgoing COO Tim Connolly.
Declines in industrial and jan-san segments offset by increases in automotive and office products.
Transaction will not close due to blocking of Staples-Office Depot merger.
Company reports profit of $16.5 million for the first quarter.
Company also reports 2015 sales up 0.7 percent, loss of $44.3 million.
Sales for the first nine months up 1.8 percent year-over-year.
Change names only if needed to reflect company's evolution.
Second quarter sales for Essendant increased 1.6 percent year-over-year.
Acquisition accelerates company's growth in the automotive aftermarket.
Formal repositioning effort brings several companies under single brand.
Soon after resigning, United Stationers CEO tapped to succeed retiring Bierman.
Cody Phipps has resigned as president and CEO.
Company reports net loss of $4 million in the first quarter.
Office, janitorial and breakroom supplies distributor names Connolly, Zelenka to executive positions.
The new brand will bring United Stationers, Azerty, LagasseSweet and ORS Nasco under a single banner.
The company plans to rebrand in 2015.
MBS Dev's revenues for first nine months of year were $13 million.