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| December 20, 2006 | E-Mail news for the wholesale distribution industry |
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 | Home Depot to say no to investment firm's proposal
Investment firm Relational Investors has sent a letter to The Home Depot announcing its plans to submit a proposal that will suggest Home Depot evaluate the "strategic direction of the company, the performance of management, and strategic alternatives for the company." The home repair company has said it will reject any such proposal and would instead plan an "open and direct" meeting. Modern Distribution Management (12/18)  |
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 | Home Depot to enter another round of stock buybacks: The Home Depot has announced plans to buy back as much as $3 billion in shares, or an estimated 75 million shares. Industrial Distribution (12/15)
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| U.S. Foodservice may be up for $5B buyout, sources say
Ahold NV's U.S. Foodservice unit may be bought out by private equity firms Clayton Dubilier & Rice and Kohlberg Kravis Roberts & Co., which value the unit at $5 billion, sources familiar with the subject have said. Forbes/AFX (12/17), The Wall Street Journal (12/16) |
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| Update business processes to take advantage of new technology
It is critical to rethink and adjust internal practices in order to take full advantage of benefits when spending the time and money to implement new technology into your office or business. Read the story by Pembroke Consulting President Adam J. Fein on IBM's Web site. |
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| Keep your company out of the courtroom
Stay on top of wage and hour records, internal compliance and maintain a strict and clear code regarding sexual harassment to avoid lawsuits and court battles, says veteran employment lawyer Margaret Hart Edwards. "If you're not providing training, then you are not doing everything to avoid discrimination, so you'll get faulted before a jury. So you pretty much have to train," Edwards adds. American City Business Journals/San Francisco (12/15) |
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| Make customers feel special with a few kind words
What you say and how you say it mean a great deal to customers and their level of satisfaction. Making customers feel welcomed, valued and protected is as simple as warmly greeting them upon their arrival. Incentive (12/2006) |
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| Column: What Santa might hear from some SMB owners
James Lea doles out some holiday cheer and between-the-lines advice in this Family Business column that analyses some of not-so-traditional letters to Santa Claus. American City Business Journals/Family Business (12/18) |
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| Q-and-A: HD Supply executive talks about future, acquisitions
HD Supply Executive Vice President Joe DeAngelo discusses the company's growth, the future for its dealers and the prospect of more acquisitions. Home Channel News (12/14) |
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| Holiday must-haves range from electronics to Elmo
This year's hot holiday items run the gamut, from enabling women a chance to better express themselves to gift cards to hard-to-find video gaming consoles. "We're seeing electronics as the big push this year for consumers of all ages," a leading retail industry association spokeswoman says. Houston Chronicle (12/18) |
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| An iPhone is unveiled -- but it's not Apple's
As more speculation surrounds Apple's possible release of an iPhone, it was Linksys that Monday unveiled its iPhone, a wireless phone that can be used with the Skype service. Some analysts predict that an Apple iPhone could be announced in January in San Francisco. BBC (12/18) |
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| Boost sales power with More to the Bottom Line
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Facing the Forces of Change: Lead the Way in the Supply Chain, eighth edition in acclaimed series by NAW's Distribution Research and Education Foundation, is ready for ordering. This all-new report is packed with trends, action ideas and thought-provoking questions for your management team. Every distribution executive should read this book. Order now! |
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| Learn the Essentials of Profitable Wholesale Distribution
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| Does your office hold a holiday party?
After you've voted, check out the real-time poll results on NAW's All Access page. |
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| Editorial Team: | Lead Editor:
Jessica Strelitz Contributing Editor:
Ashley McMaster
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| Advertising with SmartBrief: | Sales Account Director: Mark Lasser 303-284-9864 | |||||||||||
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