Pricing Impact Of A Potential Staples-Office Depot Combination
Pricing pressures come from rival superstores as well as a variety of discount stores and online retailers. Therefore, a merger likely won’t result in higher prices for consumers.
Walmex – Walmart’s Recent Initiatives In Mexico
Walmex also looking at higher sales through the e-commerce channel. It launched e-commerce in Mexico in 2013. The growth has been moderate.
Staples Reports Fiscal 3Q15 Results: Revenue and Income Falls
Staples (SPLS) has a market cap of $7.8 billion, and its YTD (year-to-date) price movement has been falling since June 2015.
Why Online Sales Are A Competitive Advantage For Staples
The 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 Consolidation
There aren’t many large brick-and-mortar players left in the market. The industry faced stiff competition from online retailers like Amazon (AMZN).
Change Is Needed In The Office Supplies Retail Segment
Although the office supplies industry is a niche retail segment, it’s highly fragmented. The industry has many players. The rivalry between the players is intense.
Apple’s iPhone 6: Changing smartphone industry dynamics
Apple must sort out its production issues quickly and make iPhones available in emerging markets sooner rather than later. The potential demand for the iPhone 6 Plus in Asian countries such as India, China, and Japan is huge.
Why Office Depot And OfficeMax Were A Merger Of Equals
Starboard’s interest in the office supplies industry is well known. Starboard disclosed a ~14.8% stake in Office Depot (ODP) in 2012. It has been pushing ODP to reduce its store size and cut costs.
Costco’s Industry Positioning: A Porter’s 5 Force Analysis
Costco’s suppliers include companies like PepsiCo (PEP), Procter & Gamble (PG), and the Kraft Heinz Company (KHC). No single supplier accounts for over 5% of revenue.
Leveraged Loan Funds Witnessed Outflows: What Does It Mean?
Leveraged loan funds saw an outflow in the week ending February 3. It’s the fifth successive week in 2016. The quantum of outflows was $405.0 million last week.
Why did Amazon’s international business growth disappoint?
Amazon’s revenue growth at its Media segment has declined dramatically over the last few quarters. Its international business growth has also disappointed.
Why Gap Wants to Sell Its Merchandise on Amazon
Gap (GPS) recently announced that it will start selling merchandise on Amazon.
Highlights of CalPERS holdings in 4Q14
CalPERS noted that it has recovered approximately $900 million to date from settlements related to investment losses sustained during the financial crisis.
Ashland Hikes Prices of 1-4 Butanediol and Other Derivatives
On September 7, 2017, Ashland (ASH) announced that it would increase the prices of 1-4 Butanediol and other derivative products.
How Does GNC Holdings Compare to Its Peers?
GNC’s peers have outperformed GNC Holdings based on PE and PBV ratios. But GNC has mostly outperformed its peers based on PS ratios.
GNC Holdings’ 3Q16 Revenue Fell 8.1%: What Does It Mean?
GNC Holdings (GNC) reported 3Q16 revenue of $628.0 million, a fall of 8.1%. Its gross profit margin and operating margin fell 240 bps and 170 bps, respectively.
Introducing 3M Company: A Jack of All Trades
Few companies have the kind of ubiquitous presence that 3M Company (MMM) likely does in your everyday life.
Staples-Office Depot: Another Merger Bites the Dust
The Staples-Office Depot deal was always a long shot. The spread was always wide. The Obama administration is getting tougher on antitrust enforcement.
US Consumer Price Index Inflation Rose 0.3% in June
The revival in oil prices after 1Q15 helped the CPI (consumer price index) inflation rate in the United States(SPY)(IVV) reverse its falling trend.
Why Same-Day Delivery Is Imperative in E-Commerce
The US same-day delivery market could grow from $0.10 billion in 2014 to $4.03 billion in 2018 at a CAGR (compound annual growth rate) of 150%.
Don’t trade the Office Depot spread like a typical arb spread
Once the proxy comes out, check the transaction background and see if they ran an auction. If not, a private equity buyer may step in after the deal breaks.
Handicapping the risk-reward balance of the Office Depot deal
Staples stock was up on the announcement, and the analyst community understands the pressure this segment is under. At any rate, no Staples vote is needed.
The Office Depot–Staples merger is about cost savings
Staples expects to spend $1 billion up front in order to achieve $1 billion in annual synergies—usually meaning reducing workforce—beginning in year three.
Will international markets lure Macy’s to other countries?
Macy’s recently made a move to international markets. In October, it announced plans to open a Macy’s and a Bloomingdale’s in Abu Dhabi, UAE, in 2018.
Staples Is Enhancing Its E-Commerce Presence
Staples (SPLS) had increased e-commerce sales from $5.6 billion in 2007 to $10.4 billion in 2013. As a percentage of the total, web sales increased from ~29% in 2007 to ~45% in 2013.
Online Sales Channels—Staples And Office Depot
During the last fiscal year—ending on February 1, 2014—almost half of SPLS’s sales came from its online sales channel. Its online sales were nearly flat from 2011 to 2013.