HP names Wal-Mart Supplier of the Year
Feb
2008 , PALO ALTO : HP today announced that it has been named a Wal-Mart
supplier of the year for its role in helping the world’s largest
retailer expand its printer and ink business and develop environmental
initiatives.The 2007 Wal-Mart Supplier of the Year award was presented
to HP in front of more than 2,000 Wal-Mart employees and suppliers at
Wal-Mart’s annual Supplier Summit held Jan. 29 in Rogers, Ark.“This
award represents a lot of dedication by many HP organizations,” said
Kristen Woods, sales director, U.S. Consumer Business, Wal-Mart and
Sam’s Club, HP. “Wal-Mart is one of our most valued customers, and
we’re proud to be able to bring our broad technology portfolio and
leadership in environmental responsibility to help them better serve
theirs.”Over the course of 2007, Walt-Mart’s sales of HP printer and
ink products grew at three times the rate of the industry, and profit
in this segment doubled over the prior year.