Report: Sycamore Partners Close To Staples Acquisition
Some 13 months after Staples’ effort to acquire Office Depot was quashed by a Federal judge, the Massachusetts-based office superstore may soon have a new owner.
Some 13 months after Staples’ effort to acquire Office Depot was quashed by a Federal judge, the Massachusetts-based office superstore may soon have a new owner.
Office superstores are looking for inspiration today, so Office Depot has been working with Washington Elementary in Sacramento, CA, to improve prospects for kids while getting an education about the evolving classroom.
Office Depot has reached an agreement to sell its business in mainland China to Shanghai M&G Colipu Office Supplies Co., Ltd.
With the goal of growing its North American business, Office Depot has made several moves within its senior executive ranks.
First quarter sales at Office Depot were down but the company reported growth in net income and earnings per share.
Office Depot has closed on the sale of its business in South Korea to Excelsior Capital Asia.
Office Depot has struck a deal to sell its business in Australia and New Zealand to Platinum Equity.
Office Depot’s board of directors has appointed Gerry Smith CEO, effective February 27.
Office Depot has completed the sale of its European business to The Aurelius Group.
Office Depot exceeded expectations in its third quarter following cost cutting and the aftermath of the Staples acquisition attempt, although comps and sales slipped.