What's behind Staples' drive to acquire Office Depot?

2021-06-10

Staples is on its fourth attempt to acquire Office Depot and Office Max because it sees the growth potential in a merger of two office supply retailers that have been losing ground to rivals including Amazon, Walmart and Best Buy. Both retailers have made moves to shore up sales and market share through efforts including Staples' creation of an experiential store concept called Staples Connect.

Full story:

NAW SmartBrief

News and business solutions for professionals in the wholesale distribution industry

Designed specifically for executives in the wholesale industry, NAW SmartBrief is a FREE e-mail newsletter delivered 5x/week. It provides the latest need-to-know news and industry information that maximizes your time, giving you an edge over your competition.