This will be interesting to see. Yeah these office supply stores have competition from online retailers, but I would assume they make a good chunk of their revenue from corporate/education customers. Since that is their biggest revenue stream, I wonder how that aspect of the industry would be affected by the merger.
Staples Agrees to Buy Office Depot for About $6.3 Billion
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Re: Staples Agrees to Buy Office Depot for About $6.3 Billion
#12The weirdest thing to me is they JUST finished the merger between Office Depot and Office Max last year.
Re: Staples Agrees to Buy Office Depot for About $6.3 Billion
#13This will be interesting to see. Yeah these office supply stores have competition from online retailers, but I would assume they make a good chunk of their revenue from corporate/education customers. Since that is their biggest revenue stream, I wonder how that aspect of the industry would be affected by the merger.
Re: Staples Agrees to Buy Office Depot for About $6.3 Billion
#14Staples Depot? I wish them luck. On the rare occasion I buy something online from one of their stores (probably something that generates a loss or wash for them) and pick it up, it feels like I'm their first customer of the day.
I have no idea how they keep the lights on. Whenever I go in, usually during peak business hours, it's unusual if there's even another customer in there. I'm usually just buying a pack of cheap pens or something, maybe once every 6 months. Many moons ago, it used to be an underappreciated place to buy cheap computer parts, but even SD cards are grossly overpriced these days.
http://www.fool.com/investing/general/2014/03/27/staples-is-...
Re: Staples Agrees to Buy Office Depot for About $6.3 Billion
#15This will be interesting to see. Yeah these office supply stores have competition from online retailers, but I would assume they make a good chunk of their revenue from corporate/education customers. Since that is their biggest revenue stream, I wonder how that aspect of the industry would be affected by the merger.
Plus, Sam's Club has been on a major push over the past several years to attract small and medium business customers. They will be a serious competitor for Staples Depot Max in that segment.
Re: Staples Agrees to Buy Office Depot for About $6.3 Billion
#16Re: Staples Agrees to Buy Office Depot for About $6.3 Billion
#17Staples Depot? I wish them luck. On the rare occasion I buy something online from one of their stores (probably something that generates a loss or wash for them) and pick it up, it feels like I'm their first customer of the day.
I have no idea how they keep the lights on. Whenever I go in, usually during peak business hours, it's unusual if there's even another customer in there. I'm usually just buying a pack of cheap pens or something, maybe once every 6 months. Many moons ago, it used to be an underappreciated place to buy cheap computer parts, but even SD cards are grossly overpriced these days.