Office Depot

Office Depot Rejects Staples’ $2.1 Billion Bid, Offering Smaller Deal Or JV Instead
Office Depot Rejects Staples’ $2.1 Billion Bid, Offering Smaller Deal Or JV Instead
January 19, 2021  |  Retail

Office Depot is rejecting a $2.1 billion offer from Staples to buy the company outright, but is offering to either sell just Office Depot’s retail...

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Staples Makes Third Bid To Buy Office Depot For $2.1 Billion
Staples Makes Third Bid To Buy Office Depot For $2.1 Billion
January 11, 2021  |  Retail

Staples is hoping the third time’s the charm, as it seeks to buy rival Office Depot for a reported $2.1 billion. Get the Full Story...

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Office Depot Restructuring To Support B2B Solutions, IT Services
Office Depot Restructuring To Support B2B Solutions, IT Services
May 17, 2020  |  B2B Payments

In order to “realign its operational focus to support its business-to-business solutions and IT services business units and improve costs,” Office Depot is planning to...

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Office Depot Refinances Credit Facility, Retires Term Loan
Office Depot Refinances Credit Facility, Retires Term Loan
April 20, 2020  |  Retail

In an effort to streamline its capital structure, Office Depot has refinanced its current asset-based credit facility with a new five-year arrangement and has retired...

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Office Depot Turns To B2B eCommerce To Boost Revenues
Office Depot Turns To B2B eCommerce To Boost Revenues
February 27, 2020  |  B2B Payments

In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) eCommerce, according to reports. The company reported...

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FTC Fines Office Depot; Refunds Consumers For Virus Scam
FTC Fines Office Depot; Refunds Consumers For Virus Scam
February 20, 2020  |  Security & Fraud

The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them...

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Retail Pulse: Shipt Teams With Office Depot; Express To Close Brick-and-Mortar Stores
Retail Pulse: Shipt Teams With Office Depot; Express To Close Brick-and-Mortar Stores
January 24, 2020  |  Retail

On-demand delivery services are expanding their offerings beyond takeout from restaurants or groceries from supermarkets to carry additional categories of merchandise. Shipt, in one case,...

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Stein Mart Plans Amazon Locker Rollout; Dressbarn Stores To Close
Stein Mart Plans Amazon Locker Rollout; Dressbarn Stores To Close
May 24, 2019  |  Retail

Brick-and-mortar retailers are joining forces with Amazon in moves that could help bring shoppers into their stores: Stein Mart, for instance, announced this week that...

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Office Depot Experiments With Coworking
Office Depot Experiments With Coworking
May 23, 2019  |  Retail

With coworking spaces as a growing commercial real estate category, Office Depot is reportedly experimenting with the concept. The retailer is “quietly” creating three spaces...

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