Staples Cuts Jobs In Preparation For Life With Or Without Office Depot Merger

Staples Cuts Jobs In Preparation For Life With Or Without Office Depot Merger

It appears that Staples is adhering to the adage, “hope for the best, prepare for the worst,” when it comes to their challenged billion-dollar merger with rival Office Depot. This week, the retailer took steps to streamline its operation, changing its management team and reportedly laying off hundreds of employees at its headquarters.  [More]

Staples, Office Depot Extend Merger Deadline To Fight Antitrust Lawsuit

Staples, Office Depot Extend Merger Deadline To Fight Antitrust Lawsuit

Just because the Federal Trade Commission went to court in an effort to block the pending merger of Staples and Office Depot, doesn’t mean the companies are putting the mega-deal behind them. In fact, the office-supply chains have extend the contract for their proposed $6.3 billion merger to allow more time to placate antitrust regulators.  [More]

Federal Regulators Still Objecting To Marriage Of Staples And Office Depot

Federal Regulators Still Objecting To Marriage Of Staples And Office Depot

Earlier this month, the Federal Trade Commission went to court in an effort to block the pending merger of office-supply mega chains Staples and Office Depot, saying that it would result in too little competition in the market for supplies being sold to businesses. Since then, Staples has tried to revise the deal to make it more palatable, but to no avail. [More]

FTC Says Staples-Office Depot Deal Is A No-Go, Files Antitrust Lawsuit To Stop Mega-Merger

FTC Says Staples-Office Depot Deal Is A No-Go, Files Antitrust Lawsuit To Stop Mega-Merger

The nightmare dream of the formation of the $6.3 billion StaplesMaxDepot Voltron has officially hit a (very big) speed bump: federal regulators unsurprisingly filed a complaint today charging that the proposed mega-merger’s affect on commercial businesses would violate antitrust laws.  [More]

Regulators Reportedly Poised To Block Staples, Office Depot Mega-Merger

Regulators Reportedly Poised To Block Staples, Office Depot Mega-Merger

Providing office supplies for commercial businesses could be the final nail in the coffin of the would-be formation of the $6.3 billion StaplesMaxDepot Voltron, with regulators reportedly poised to block the mega-merger next week.  [More]

Sale Of Commercial Supply Business Could Let Staples-Office Depot Merger Go Through

Sale Of Commercial Supply Business Could Let Staples-Office Depot Merger Go Through

One of the barriers to the formation of the StaplesMaxDepot office-supply Voltron has been the commercial supply businesses that both companies run: in addition to running retail stores, they both also do business delivering office supplies to corporate clients. One possibility could let the mega-merger go forward: Staples could sell its commercial supply business to competitor Essendant. [More]

Staples Kicks Off Brown Thursday Announcements: Will Close On Thanksgiving

Staples Kicks Off Brown Thursday Announcements: Will Close On Thanksgiving

Over the last few years, a growing trend for retailers has been to open up on Thanksgiving Day, sometimes at an obscenely early hour. Maybe that isn’t working out so well for them after all: Staples, one retailer that has opened on Gray Thursday for the last few years, has decided to close up and let its workers spend the holiday at home. [More]

Office Depot, Staples Merger Under Scrutiny In Europe

Office Depot, Staples Merger Under Scrutiny In Europe

The $6.3 billion merger between the top two office supply chains has hit yet another bump: the European Union opened an “extensive” investigation into the would-be union of Staples and rival Office Depot. [More]

Antitrust Concerns For Staples, Office Depot Merger Now Center On Corporate Supply Contracts

Antitrust Concerns For Staples, Office Depot Merger Now Center On Corporate Supply Contracts

In an effort to gain approval for their $6.3 billion proposed marriage to Staples, Office Depot announced last month it would close about 400 stores. While that move could certainly help the merger process, it appears that federal regulators are less worried about retail sales at physical stores, and more concerned about their contracts to provide supplies to large corporations and businesses. [More]

Amazon Echo Is Coming To Staples, But Not One Near You – Only Online

Amazon Echo Is Coming To Staples, But Not One Near You – Only Online

So who will be the first retailer to offer Amazon’s high-tech, sort-of assistant speaker? None other than the e-tailer’s office supply rival Staples. [More]

Costco, along with Rite Aid, Tesco's and Sam's Club, have suspended their photo center websites after a third-party vendor announced it was investigating a possible data breach.

Costco, Three Other Retailers Suspend Photo Sites After Third-Party Host Suffers Possible Breach

Less than a week after CVS took down its CVSphoto.com site while it investigates a possible credit card breach, at least four other retailers including Costco and Sam’s Club have suspended online photo services following notification by the company that manages or hosts photo services for the sites of a possible data breach. [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]

Some Freebies And Discounts To Help You Get Through Tax Day

Some Freebies And Discounts To Help You Get Through Tax Day

Depending on your tax situation, the approach of Tax Day is either a paperwork-filled nightmare or a day to kick back and enjoy having filed and received your refund back in January. It doesn’t matter when you filed for the growing number of Tax Day discounts and freebies at stores and restaurants, though: here are a few that might keep you fed and relaxed today. [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]

(Molly)

Is In-Store Pickup Any Faster Than Just Shopping At The Store?

For years, an increasing number of retailers have been pushing their “buy online, pickup in store” (BOPIS, for all you acronym lovers) option as a expedient option that offers the convenience of online shopping without the hassle of having to search the aisles. But is it really any faster than traditional bricks-and-mortar shopping? [More]

(Robert Martin)

Staples Confirms 1.16 Million Cards Breached In 115 Stores

Back in October, big-box office-supply retailer Staples announced that it was investigating a possible customer payment data breach. The results of that investigation are in: yes, the payment systems of some Staples stores were breached. [More]