Office Depot Plans To Close 400 Stores By The End Of 2016

Office Depot Plans To Close 400 Stores By The End Of 2016

Office Depot and Staples are the country’s two largest remaining big-box office supplies chains, and earlier this year, Staples proposed to to acquire Office Depot. While the two companies wait for the Federal Trade Commission to bless the marriage or call off the engagement, Office Depot has announced plans to speed up its store closings, with a goal of shuttering 400 stores by the end of 2016. [More]

Office Depot, Staples One Step Closer To Walking Down The Office Supply-Wedding Aisle

Office Depot, Staples One Step Closer To Walking Down The Office Supply-Wedding Aisle

Back in February Staples presented Office Depot with a freshly sharpened bouquet of pencils (really, $6.3 billion) as a token of its desire to live as one for the rest of their office supply days. Now, three months later, Office Depot has accepted the proposal. [More]

Staples Finally Proposes To Office Depot With $6.3 Billion Merger Deal

Staples Finally Proposes To Office Depot With $6.3 Billion Merger Deal

A day after it was reported that Staples and Office Depot had entered into advanced talks about a merger, it appears one of the companies popped the big question. Staples will buy Office Depot for $6.3 billion in cash and stock in a deal to bring the No. 1 and No. 2 office supply chains together to do battle with big box stores and online retailers. [More]

(Mike Mozart)
(frankieleon)

Staples, Office Depot Take Another Step Toward Merger, Enter “Advanced Talks”

Just weeks after activist investor Starboard Value publicly demanded Staples and Office Depot get hitched, the two office supply stores are apparently taking talks of a walk down the aisle seriously. [More]

(Jim Chambers) (frankieleon)

Investor Demands Staples, Office Depot Begin Courting, Hoping To Hear Wedding Bells Soon

There’s a fine line between offering helpful suggestions and aggressively pushing for someone to do what you want. When it comes to activist investors Starboard Value, they tend to fall squarely in the latter camp – who can forget their harsh words for Olive Garden and ruthless take over of its board of directors? The firm appears to be back at it by not-so-nicely suggesting that Staples get a move on with regard to a possible merger with Office Depot. [More]

(Jim Chambers)  (frankieleon)

Office Supply Marriage? Investor Reportedly Pushing For Staples, Office Depot Merger

Just a few months after roundly mocking Olive Garden and then seizing seats on its board of directors, the activist investors at Starboard Value are reportedly hoping to arrange the marriage of office supply retailers Staples and Office Depot. [More]

Office Depot Will Open For 3 Hours On Thanksgiving Day

Office Depot Will Open For 3 Hours On Thanksgiving Day

In another blow for that holiday that we used to call “Thanksgiving,” the newly merged Office Depot and OfficeMax will open for a few hours on Thanksgiving Day, delivering doorbusters to the masses from 6 PM to 9 PM, closing again until 12:01 AM on Friday. [More]

(SOB Photography)

Forget Black Friday, Holiday Shopping Season Starts Tomorrow

While children and parents around the country are sitting around, regretting the huge amount of sugar and chocolate consumed tonight, the folks at Walmart, Amazon and other stores are not only busting out the holiday decorations, but reducing prices and offering short-term large-scale sales for early holiday shoppers. [More]

Office Depot Shuttering 400 Stores, Because No One Wants To Compete Against Themselves

Office Depot Shuttering 400 Stores, Because No One Wants To Compete Against Themselves

Are too many office supplies a bad thing? Apparently so for Office Depot and Office Max. As the merger of the two companies gets underway an overlap of stores in the same areas means some stores will be closing their doors. [More]

(HerArtSheLoves)

FTC Gives Marriage Of OfficeMax & Office Depot Its Blessing

We just knew these two crazy kids were going to earn the hard-won approval of the stern ol’ Federal Trade Commission. The two office supply companies who once were two now have the way paved for them to become one through the process of merging. It’s just like a fairy tale, if you read really weird fairy tales as a kid. [More]

FTC Will Probably Approve Marriage Of OfficeMax & Office Depot

FTC Will Probably Approve Marriage Of OfficeMax & Office Depot

When Office Depot and OfficeMax showed up, sweaty, nervous hands entwined, to talk to the Federal Trade Commission, those two crazy kids were probably worried the agency wouldn’t give its blessing for their upcoming nuptials. But it looks like this wedding is going to happen, people. [More]

Stupid Shipping Gang Keeping Plastic Air Pillow Industry Afloat

Stupid Shipping Gang Keeping Plastic Air Pillow Industry Afloat

Plastic bag air pillows are useful for keeping breakable items from bouncing around in a too-large box. We have to wonder, though, whether there are too many pillows out there in the world because of the hard work of the Stupid Shipping Gang. It could be that terrible boxing is responsible for artificially boosting sales of air pillows. [More]

Prices.

This Office Depot Sale Isn’t Much Of A Sale

Marie is in the market for a new external hard drive, and last week (before the Presidents’ Day holiday) she heard from an office Depot employee that just the item she wanted goes on sale frequently, and she should wait for one of those sales. Hurray! That’s just what she did. She waited for a sale, when an “instant rebate” brought the price down…to exactly the same price that it had been. [More]

(eviloars and frankieleon)

Office Depot Announces It’s Buying OfficeMax For $1.2B Then Is Like, “Wait, Never Mind”

UPDATE: Despite Office Depot’s apparent squirrelliness about announcing its upcoming nuptials to OfficeMax, its intended isn’t being shy. Far from it — the company emailed all its reward cards holders today and trumpeted news of the union on its corporate site. [More]

(eviloars and frankieleon)

OfficeMax & Office Depot May Finally Stop Resisting The Attraction And Settle Down

It’s tough out there for a retail store, especially  if you’re a store that’s often mixed up/mashed together with another similar store anyway. So why go it alone, why not embrace your common goal of selling staples and paper? That kind of talk has led to rumors heating up that OfficeMax and Office Depot are considering finally settling down with a nice merger. You know, just because it’s good to just have somebody. [More]

Should OfficeMax And Office Depot Just Merge Already?

Should OfficeMax And Office Depot Just Merge Already?

Unemployment is still up, and companies are doing more and more paperless business as time passes. So does the United States really need three competing big-box office supply retailers? The company that holds the most shares of Office Depot doesn’t think so, and most experts agree. Merging two smaller chains that people mix up anyway and that have one very large competitor should be a no-brainer. [More]

(soul_motor)

Are Office Supply Stores Following Big Box Chains Down The Drain?

We’ve seen big box stores pare down the number of retail stores from their roll, as well as cut physical space and try to bulk up online sales. Now it looks like office supply stores are the latest retailers to feel the heat from Amazon: Staples announced it would be shuttering 45 stores in Europe and speed up the closing of 15 more in the U.S. to try and save $250 million a year. [More]