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The intense rivalry between the office supply retailers continues in 2007. Faced with near saturation of the mature U.S. market, the major players, Staples SPLS, Office Depot ODP , and OfficeMax OMX, are looking for ways to differentiate themselves. We believe branching out into services is the next ...
Although the two office-supplies companies could realize meaningful cost synergies, the combined firm would still face enormous competitive pressures, says Morningstar's Liang Feng.
Office Depot's ODP fourth-quarter and full-year results were in line with our expectations, and we are maintaining our fair value estimate of $37 per share. Total sales for the year rose by 5% over last year, with comparable-store sales (sales at stores open at least a year) increasing by 2%. The ...
Inland Real Estate Corporation Announces Third Quarter Results
UPDATE: Alibaba, Priceline, Herbalife in focus Tuesday
The consumer shift to e-commerce is becoming more pronounced, but retailers are fighting back.