Judge Denies Staples-Office Depot Merger

| Mike O'Brien

A federal court judge has ruled in favor of the Federal Trade Commission’s decision to block the proposed Staples-Office Depot merger, upholding the FTC’s December lawsuit which claimed the resulting monopolistic company would harm consumers by adversely affecting office supply prices.

Sports Authority Calling it Quits

| Tim Parry

Sports Authority won’t come out of bankruptcy as an independent company and instead wants to sell off all its holdings, according to a report from The Denver Post.

Coach Bags More Than 300 Jobs

| Tim Parry

Even though struggling Coach Inc.’s sales rose 13% in the third quarter, the accessories merchant announced Tuesday that it will bag more than 300 positions worldwide, representing about a 10% decrease in its global corporate staff. That includes these two top-ranking company officials.


Nordstrom to Slash 350 to 400 Jobs

| Tim Parry

Nordstrom, Inc. announced Monday that it would reduce approximately 350 to 400 corporate and regional support positions through a phased approach that should be completed by the end of the second quarter.

Sport Chalet

Vestis Retail Group is Shuttering Sports Chalet

| Tim Parry

Vestis Retail Group bought Sports Chalet in June 2014. Today, it announced it will knock Sports Chalet down and focus on Vestis’s other two regional merchants, Eastern Mountain Sports and Bob’s Stores.

Week In Review: Bubble Wrap Becomes Unbreakable

| MCM Staff

Pop… Pop… Pop Pop… Pop…
Well, that’s a series of sounds we may not hear anymore, shortly after a co-worker or a family member opens a package. That’s because Sealed Air’s “unpoppable” Bubble Wrap protective packaging solution is now commercially available worldwide.
Read on and find out what this means for Bubble Wrap aficionados and your packaging, and what else was big news this week.

Office Depot

Amazon Said to be Eyeing Office Depot Assets

| MCM Staff

Amazon is reportedly considering an acquisition of Office Depot’s corporate business assets to jumpstart its Amazon Business office supply operation. The deal is contingent on FTC approval of the Office Depot-Staples merger, which it has opposed to date, but may be close to signing off on.