frankieleon

This Is Probably Office Depot’s Top-Secret ‘Store Of The Future’

After the United States government stood in their way and disrupted their union, Staples and Office Depot broke their year-long engagement earlier this month, deciding not to merge. Now they need to figure out how to go forward and move on as two separate office-supply companies. In Florida, a newly remodeled store offers a hint about Office Depot’s future. [More]

Mike Mozart and 
frankieleon

The FTC Has Called Off Its Administrative Trial Of Staples-Office Depot Merger

Last week, Staples and Office Depot called off their proposed merger, which would have brought together the biggest and second-biggest office supply retailer into a single paperclip-selling Voltron. Instead, a federal judge granted a temporary injunction, and the companies called off the merger. Now the Federal Trade Commission is officially closing the case. [More]

Studio d'Xavier

Staples And Office Depot Will Move On As Strong, Confident, Single Office Supply Stores

Plans for other things at Staples and Office Depot have been on hold for months now, as the two companies waited to find out whether the Federal Trade Commission would allow their proposed merger to go through. Yesterday, the FTC was granted a preliminary injunction to stop the merger, and the two companies called off their engagement. What will they do now? They’ll make it on their own. Somehow. [More]

Mike Mozart and 
frankieleon

Staples & Office Depot Ask Judge To Toss Antitrust Lawsuit Without Defending Merger

Two weeks after the beginning of a federal court hearing on the proposed mega-merger between Office Depot and Staples, the office supply chains’ lawyers have decided not to present a defense against the Federal Trade Commission’s claim that the deal is bad for consumers and businesses.  [More]

Judge Scolds FTC For Maybe Telling Amazon Exec What To Say In Staples-Office Depot Hearing

Mike Mozart and 
frankieleon

Is Amazon a valid competitor to Staples and Office Depot for the business of corporate office supply customers? In a hearing in the federal lawsuit that the Federal Trade Commission has filed against the two retailers, the government argues that it isn’t yet, and the two stores argue that it is, or soon will be. Yesterday, an attorney for Staples accused the FTC of telling an Amazon executive what to say in his testimony about his company’s plans for office supply domination, earning criticism from the judge. [More]

Mike Mozart and 
frankieleon

Amazon Executive: Actually, We Don’t Have Any Big Corporate Office Supply Contracts Yet

Staples and Office Depot want to pledge their future and their fortunes together in corporate matrimony, and the Federal Trade Commission objects to their union. The companies and the Federal Trade Commission are making their cases before a federal judge, and the key question in this merger seems to be whether large corporations plan to buy their office supplies from Amazon in the future. An Amazon executive testified that they haven’t signed any major companies, and aren’t really pursuing big corporate contracts. Yet. [More]

Mike Mozart and 
frankieleon

Staples, Office Depot: FTC’s Opposition To Billion-Dollar Merger Is “Flawed,” “Wrong”

Three months after federal regulators filed a lawsuit to stop the nightmare dream formation of the $6.3 billion StaplesMaxDepot Voltron , the CEOs of the mega-office supply chains are fed up, and they’re taking that frustration to the customers by airing their true thoughts on the Federal Trade Commission’s attempt to stop the deal.  [More]

This Office Depot Won’t Price-Match Its Own Website

This Office Depot Won’t Price-Match Its Own Website

Mara was shopping online at OfficeMax Depot (not the company’s actual post-merger name) when she found a package of the labels she needed at a great price. She headed to her local Office Depot store, believing that she would find the same labels at the same price at the store. Wouldn’t that make sense? Yes, it would make a lot of sense. Instead, the labels cost $28.80 more in the store, and employees wouldn’t price-match.. [More]

(Jim Chambers)

Staples To Close 50 Stores In Preparation For Life With Or Without Office Depot

As it awaits the final verdict from regulators on its pending billion-dollar purchase of rival office supply chain Office Depot, Staples is preparing to go it alone by announcing plans to shutter at least 50 of its own stores in order to slow declining sales.  [More]

Essendant Agrees To Buy Commercial Business From Staples And Office Depot If FTC Approves Merger

Essendant Agrees To Buy Commercial Business From Staples And Office Depot If FTC Approves Merger

Staples and Office Depot want to merge and form one mega-chain of office supply stores that you mostly visit to drop off UPS packages. The Federal Trade Commission doesn’t approve of this union, because both sell supplies and serve as wholesalers to smaller office suppliers. The companies announced late yesterday that they’ve reached an agreement with Essendant, a smaller national supplier, to take over some of that business if the merger goes through. [More]

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]

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]