Corporate Consumables (CCL), one of New Zealand’s leading office products resellers, ceased trading just before Christmas.
In a statement on its website, the company said that “a number of factors” had combined to “create a situation where Corporate Consumables in its current state is unsustainable as a business”.
The statement continued: “The decision to cease trading is not a decision that has been taken lightly. 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.”
CCL was founded in 1990 as a print consumables business, but had diversified into wider workplace supplies over the past few years. In fact, it was a supplier on the New Zealand All Of Government (AOG) office supplies contract that includes general office supplies, washroom consumables, cleaning and hygiene consumables, ICT consumables and educational supplies.
With CCL going out of business and another AOG supplier Fuji Xerox suspended from the contract after an accounting scandal, New Zealand’s Commerce Commission (ComCom) will have to take another close look at the competitive landscape in the country as it deliberates over the proposed merger of Winc New Zealand and OfficeMax, the two largest office supplies resellers in the New Zealand market. read the rest here