Office Depot Inc
Latest Office Depot Inc News and Updates
Why Online Sales Are A Competitive Advantage For StaplesThe growth in ODP and OMX’s combined sales fell—compared to Staples. They were ~143% of SPLS’s sales in 2007. This is just over $8 billion. That fell to $7.3 billion in 2013.
Office Supplies Retail: Regulation, Competition, And ConsolidationThere aren’t many large brick-and-mortar players left in the market. The industry faced stiff competition from online retailers like Amazon (AMZN).
The Relationship between the Retail Industry and the US EconomyWhen we compare the S&P 500 (SPX) with the SPDR S&P Retail ETF (XRT), the retail ETF has beaten the broad market index on a trailing one-year basis.
The Office Depot–Staples merger is about cost savingsStaples expects to spend $1 billion up front in order to achieve $1 billion in annual synergies—usually meaning reducing workforce—beginning in year three.