Office Depot Announces First Quarter 2011 Results

| MCM staff

Total Company sales for the first quarter of 2011 were $3.0 billion, a decrease of 3% compared to the first quarter of 2010. Excluding sales related to asset dispositions and deconsolidation in the fourth quarter of 2010 and an acquisition in the first quarter of 2011, total Company sales decreased 2% versus prior year.

Orchard Brands Emerges from Chapter 11

| MCM staff

Orchard Brands announced today that its Plan of Reorganization, which the Bankruptcy Court confirmed last week, has become effective and it has successfully emerged from chapter 11 approximately three months after voluntarily filing for bankruptcy protection.

Henry Schein Buys Alpha Scientific

| Jim Tierney

Medical, dental, and veterinary supplies merchant Henry Schein remains an acquisition machine. Its latest deal involves Alpha Scientific, a healthcare products and services provider