News Archive

Staples announces new CMO and rejects bid

Michelle Bottomley has been appointed as the new CMO of Staples in the same timescale as Staples rejects takeover bid from Cerberus Capital Management. Dmnnews.com reported the appointment after a press release announcing Bottomley’s appointment which will see...

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Epson overtakes HP Inc in India

Unit shipments reached 799,164 in the first quarter of 2017 giving India a 0.5 percent YOY growth for the first time. Ein connect 007 reported that the IDC forecast was accurate with only a one percent difference in Inkjet HCP (Hard Copy Peripheral) and two percent...

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HP Inc fake cartridges seized

The counterfeit cartridges and other office supplies were seized by the Saudi Arabian Ministry of Commerce who were aided by HP Inc’s ACF.

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Lexmark’s CEO says eighth is not enough

Lexmark CEO David Reeder in an interview said: “he’s focused on fighting competitors such as market leader HP, Ricoh, Canon and others.” In an interview with The Business Lexington reflected on his first year at the helm of the OEM where he was first hired as the CFO....

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Growing African printer market explored

Another analyst report on the African printer market outlined how printing trends are changing. Market analysts Transparency Market Research reported that the “shift from black and white printing to colour printing has aided” growth in the market, with the growth of...

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Supplies Wholesalers opens new distribution centre

The company’s new centre has been opened in Dallas, Texas. In a press release, the company – which says it is “America’s largest importer of compatible and remanufactured toner cartridges” – has opened the new centre in Dallas, noting that it “affirms Supplies...

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Epson releases new printer in Bangladesh

The OEM introduced the WF-R8591 WorkForce Pro, which features the Refillable Ink Printing System (RIPS). The Daily Star reported that at the launch Samba Moorthy, Vice President, Sales and Marketing, Epson, said “our unique technology offers significant benefits to...

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Canon launches wide-format printers in India

The OEM launched five new printers in the imagePROGRAF PRO series. BGR reported that Canon’s range includes the 12-colour Canon imagePROGRAF PRO-520 and Canon imagePROGRAF PRO-540, and the eight-colour Canon imagePROGRAF PRO-540S and Canon imagePROGRAF PRO-560S which...

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Staples lets 200 workers go

The company is laying off more workers which includes many in Massachusetts. The Boston Globe reported that more than 200 jobs are to go, including many at the Staples headquarters in Framingham. Company officials said in a statement that “we are strategically...

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Xerox plans ahead

The OEM has allocated $100 million (€93 million) for future mergers and acquisitions. West Fair reported that according to Bill Osbourn, Chief Financial Officer at Xerox, the money has been put aside so that the company have funds to “to convert more multi-branded...

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