Office Depot Announces New CEO
Office Depot announced the appointment of its new CEO, Gerry Smith, who is Lenovo’s Executive Vice President and Chief Operating Officer at Office Depot. See what this will mean for Office Depot going forward.
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Roland Smith Retiring, Office Depot Reorganizing Executive Committee
With its merger with office supplies rival Staples off the table, Office Depot, Inc. is taking care of business. Office Depot is reorganizing its executive committee to better align with a three-year strategic plan unveiled by the company during its second quarter earnings call earlier this month. And that includes the retirement of its CEO, Roland Smith.
Judge Denies Staples-Office Depot Merger
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.
Amazon Said to be Eyeing Office Depot Assets
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.
Week in Review: The Great Amazon Retail Store Mystery Solved
Amazon was going to keep its store expansion plans a mystery. And Jeff Bezos would have gotten away with it, too, if it wasn’t for those meddling CEOs. So is Amazon going to open 300 to 400 bricks-and-mortar stores as General Growth Properties CEO Sandeep Mathrani said during its earnings call on Tuesday?
Staples, Office Depot CEOs Fire Back at FTC
Staples, Inc. and Office Depot, Inc. have issued the following open letter to customers after the U.S. Federal Trade Commission announced earlier today their decision to challenge the merger of the two companies.
How Retailers Are Improving the Mobile Shopping Experience
In the last few weeks I have come across several headlines where a retailer is either doing one of two things – launching a mobile app or redesigning their mobile site or app. See which retailers are aiming to make the mobile shopping experience a better one.
O+F Advisor Distribution Center Roundup, Feb. 18, 2015
A listing of some recently announced expansions, additions and closures in retail distribution and fulfillment centers.
Staples – Office Depot Deal Signals Shift in Office Supply Market
Staples Inc.’s plans to acquire Office Depot Inc., is a sign that the office supply industry is losing ground to discount stores and ecommerce merchants. See what this could mean for both companies.
Turnaround Specialist Smith Replaces Office Depot’s Co-CEOs
Turnaround specialist Roland Smith was named chairman and CEO of Office Depot Inc. on Nov. 12, effective immediately, and replaces Office Depot’s Neil Austrian and OfficeMax’s Ravi Saligram, who were named co-CEOs of the merged company just last week.