Profit decreases 10.2 percent during the quarter.
Latest In Grocery & Foodservice Distribution
Fourth quarter sales increased 0.5 percent year-over-year.
Merger pairs food distributors with complementary distribution networks.
Unified Grocers will be a wholly-owned subsidiary of SUPERVALU.
Essendant CEO says company's industrial business won't rebrand.
Anita Zielinski will also act as senior vice president.
Two years ago, Essendant rebranded from United Stationers to align its businesses under one operating platform and better position itself in a crowded marketplace. At the company’s show for suppliers and customers earlier this month in Las Vegas, NV, Bob Aiken, president and CEO, and Keith Dougherty, senior vice president of merchandising, inventory and pricing for office and facilities, spoke with MDM Associate Editor Eric Smith about the company’s recent strategic decisions.
This article includes:
- An overview of Essendant and its offerings
- The company's top goals as it enters foodservice sector
- The company’s refocused brand positioning
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Former Parker Hannifin executive Jim Rowell brings 25 years of experience to manufacturer.
Company refocuses brand positioning, expands product categories.
Fourth-quarter sales increase 2 percent year-over-year.
Company acquires Orlando, FL-based seafood distributor.
Acquisition strengthens company's presence in Europe.
Year-to-date sales decreased 4.4 percent year-over-year.
Acquisition strengthens company’s presence in foodservice sector.
Foodservice distributor reported a loss of $7.6 million.
Combined businesses have formed QCD Rocky Mountain.
Acquisition will strengthen company's product offerings.
