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June 10, 2021
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United Natural Foods reported a fiscal third-quarter profit of $48.56 million, down from $88.13 million in the year-ago period, on sales of $6.62 billion, down from last year's $7.03 billion.
Full Story: RTT News (6/9),  MarketWatch (tiered subscription model) (6/9) 
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Staples is on its fourth attempt to acquire Office Depot and Office Max because it sees the growth potential in a merger of two office supply retailers that have been losing ground to rivals including Amazon, Walmart and Best Buy. Both retailers have made moves to shore up sales and market share through efforts including Staples' creation of an experiential store concept called Staples Connect.
Full Story: Modern Retail (tiered subscription model) (6/9) 
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Weyerhaeuser Co. expects that strong demand for wood products could persist over the next decade, and it is keeping an eye on opportunities involving forests and sawmills. "Every deal that comes to market, we're looking at, so I would expect us to continue to be active on that front," CEO Devin Stockfish said at the Nareit REITweek 2021 Investor Conference.
Full Story: Bloomberg (6/8) 
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The digital journey: how to plot a digital road map
While the process of evaluating your digital technology can seem daunting, you don't have to rip everything out and start from scratch — an incremental approach can be the best one to take. This Epicor whitepaper covers the roles of the cloud and e-commerce in distribution technology, plus get tips to chart your own digital roadmap. Download now
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Operations and Technology
Autonomous tech comes to shipping yards
(Charly Triballeau/AFP/Getty Images)
An MIT spinoff, ISEE, is retrofitting trucks in shipping yards with autonomous technology to improve logistical efficiency. With 360-degree awareness, the trucks can navigate yards, park in tight spaces and quickly find specific containers.
Full Story: TechCrunch (tiered subscription model) (6/8) 
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[Webinar] 6 key steps to becoming data-driven
In order to effectively drive insights, today's business world requires modern data architecture. Learn the six most important steps that any organization must take on their road to becoming data driven. From architecting a solid data foundation to creating a flexible user experience, industry experts will provide a step-by-step guide to achieving your data-driven reality. Register now
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Sales and Marketing
Sales leaders can't be successful on their own -- they must help their teams and clients achieve success in order to reach their own goals, writes David Brock. "Since our success is based on the success of others, it seems that focusing on their success is a winning strategy," Brock writes.
Full Story: Partners in Excellence Blog (6/6) 
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This infographic guides marketers through six steps of conducting a brand audit, explaining how the process can help unlock insights to inform future strategies. The guide spans establishing a framework, using website analytics and social media listening tools, and what to do when the audit is completed.
Full Story: MarketingProfs (free registration) (6/8) 
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Tackling today's omnichannel retail challenges
From traditional tasks like counting pallets to pandemic-driven needs like keeping up with rapidly-changing consumer habits, managing omnichannel commerce is now more challenging than ever. Standard methods of data analytics are no longer enough. Find out how to prepare for new buying habits and embrace new technologies. Read the latest white paper from Radial and SmartBrief
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The Business Leader
Workforces need to deliberately focus on being flexible, which includes giving key tasks to consultants, contractors and other independent, specialized workers, writes MBO Partners CEO Miles Everson. "[E]ngaged strategically, independent labor can also help organizations quickly develop new lines of business, open new markets or execute key organizational objectives," Emerson writes.
Full Story: Chief Executive (6/8) 
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NAW Insider
Digital transformation of the back office begins with A/R
(NAW)
Automation of accounts receivable workflows with dynamic e-invoices, online payments, and cash application technology solves back-office inefficiencies, reducing DSO and costs. Simplify invoice-to-cash processes with cloud-based, modular A/R technology and concierge support from B2B A/R and payment experts. Make getting paid easy with help from NAW's trusted partner, Unified Payments Group.
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New! "Distribution Leans In: Stories of Resiliency and Innovation During the COVID-19 Pandemic"
(NAW)
How have distributors been innovating their business during the pandemic? Find that out and much more from 10 distributors who tell their stories and share ideas for both surviving and thriving in a drastically changed business environment. Author Mark Dancer shares up-to-the-minute ideas and insights from distributor leaders based on their experiences and lessons learned from the coronavirus pandemic. Order this just-released e-chapter, "Distribution Leans In: Stories of Resiliency and Innovation During the COVID-19 Pandemic."
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Build your distribution knowledge base and train your leaders
(NAW)
Training your leaders with the knowledge and latest best practices so they can perform at their highest level, grow your business, run operations efficiently, and reduce costs is a whole lot easier when you equip them with the right tools. NAW's Top 10 Best Sellers are distribution-specific, high-quality resources that will provide your leaders with fresh ideas and guidance as they lead your business through these challenging times. Order your copies at volume-discounted prices.
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The stars don't look bigger, but they do look brighter.
Sally Ride,
astronaut, physicist, first American woman in space
June is Pride Month
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