Story image

Corporate Consumables ceases trading after 27 years

08 Jan 18

Office product reseller Corporate Consumables ceased trading over the holiday period.

The New Zealand owned and operated supplier of office-related consumables, stationery products and hardware closed their doors on December 22.

“Unfortunately, a number of factors have combined to create a situation where Corporate Consumables in its current state is unsustainable as a business. This is not a decision that has been taken lightly,” CEO Mike Donald has stated in a message to customers, now found in place of their website.

“Over the last 12 months the directors, management and their advisors have explored every possible option to keep the company trading and return it to profitability," the statement continues.

“However, it has been decided that the risk and expense involved in attempting to modernise and restructure the business, in what is now an incredibly competitive industry, is just too high.

“We have very much valued the relationship and support you have provided Corporate Consumables over the years. The Directors and management of Corporate Consumables would like to thank you for your business and wish you every success in your future endeavours.”

Corporate Consumables had a 27-year history of trading and in that time expanded throughout New Zealand with offices in Auckland, Tauranga, Palmerston North, Wellington, Nelson, Christchurch and Dunedin.

The company was one of the remaining four that are part of the all-of-government contract for supplying office products to the public sector since Fuji Xerox was dropped from the agreement.

Office Products Depot is now the sole New Zealand-owned company in the agreement along with Australian owned OfficeMax, and Winc New Zealand who were acquired by American company Platinum Equity in August last year.

Platinum Equity also made moves in late 2017 to acquire OfficeMax but was blocked by the NZ Commerce Commision due to the lapse of the clearance granted in 2015.

InternetNZ welcomes Govt's 99.8% broadband coverage plan
The additional coverage will roll out over the next four years as part of the Rural Broadband Initiative phase two/Mobile Black Spots Fund (RBI2/MBSF) programme expansion.
Dr Ryan Ko steps down as head of Cybersecurity Researchers of Waikato
Dr Ko is off to Australia to become the University of Queensland’s UQ Cyber Security chair and director.
Radware joins Chillisoft’s expanding portfolio
The cloud DDoS prevention, app delivery controller, and web app firewall expert is another step toward a total enterprise security portfolio.
Commerce Commission report shows fibre is hot on the heels of copper
The report shows that as of 30 September 2018 there were 668,850 households and businesses connected to fibre, an increase of 45% from 2017.
Wearables market flourishing - fuelled by smartwatches
A market that has stuttered in the past now has a bright forecast as adoption of wearable technology continues to thrive.
The tech that helped the first woman to sail around Australia
Lisa Blair used devices from supplied by Pivotel to aid her in becoming the first woman to circumnavigate Australia non-stop.
Why there will be a battle for the cloud in 2019
Cloud providers such as AWS, Azure, and Google will likely find themselves in a mad scramble to gain additional enterprise customers.
WLAN market picks up thanks to high-end products
Dell’Oro Group have released a report showing that the WLAN market picked up in 2Q18 as 802.11ax saw its first shipments.