Paper Distributor & Packaging Supplier
After more than 100 years in business, Midland has grown from a single Midwest location to a national paper & packaging company with offices from coast to coast.
This type of growth requires relentless effort and a continual focus on doing things right.
We bring the best products the best people and the best service to all of our customers in all of our business segments. Play the video to see how we do it.
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Recent Paperclips Industry News
21May 24
April 2024: Spring Softness Continues (cohereone.com)
Following a sluggish trend, shopper activity remained subdued in April. Although demand for apparel remained robust, other sectors experienced declines compared to the previous year. Despite economic challenges such as inflation, consumer engagement persists, contributing to our optimistic outlook for 2024. While the economy is expected to slow in the upcoming months, steady growth is still anticipated throughout the year. The National Retail Federation predicts retail sales will increase 2.5% to 3.5% in 2024, signaling a return to pre-pandemic growth levels. Monitoring this trend closely, especially as we transition into Q2, will be crucial.
21May 24
Target lowers prices on thousands of products in bid to boost sales (digitalcommerce360.com)
Target Corp. announced it will reduce prices on about 5,000 items across its stores and website this summer. The retailer already lowered prices on 1,500 products, with the rest to take effect in coming months. The price changes will be on everyday items that consumers frequently buy, Target said. Products will be marked with red tags in stores and online, the retailer added. “We know consumers are feeling pressured to make the most of their budget, and Target is here to help them save more,” said Rick Gomez, executive vice president and chief food, essentials and beauty officer, in a statement.
21May 24
Macy’s, Inc. Reports First Quarter 2024 Results
First Quarter Highlights *Diluted earnings per share of $0.22 and Adjusted diluted earnings per share of $0.27. *Net sales of $4.8 billion, down 2.7% versus the first quarter of 2023. *Comparable sales down 1.2% on an owned basis and down 0.3% on an owned-plus-licensed-plus-marketplace basis. *Gross margin rate for the quarter was 39.2%, down from 40.0% in the first quarter of 2023