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Depot delays Q3 results

29 October 2007 — Delray Beach (FL): Office Depot has delayed the reporting of its Q3 earnings due to a review of the retailer's vendor programme funds. The US Audit Committee's review relates principally...

RPS to hold second OP conference

30 October 2007 — Atlanta (GA): Retail Performance Solutions (RPS) will hold its second annual Office and Digital Products Industry Conference on 6 December at the Atlanta Ritz Carlton in Atlanta, Georgia. The event...

US economy batters Office Depot

Office Depot suffered a dramatic slump in its share price last month after it announced it was expecting a fall-back in earnings from last year's revenues. Shares for the Delray Beach-based company fell as...

Positive signals for the power channel

It's a busy time for all three of the biggest retailers in office products. Take a tour around the east side of the US and you'll discover interesting news from the big boxes that...

Takeover time for OfficeMax?

 10 May 2007 — Naperville (IL): Analyst speculation regarding a takeover of OfficeMax had boosted the retailer's shares by almost eight percent. Credit Suisse analyst Gary Balter has suggested that "the time might be ripe...

CompUSA owner reported to be for sale

13 September 2006 — Dallas (TX): CompUSA's Mexican parent company, Grupo Carso, is reported to be up for sale, according to Dallas Morning News. The newspaper reported that the company has asked Credit Suisse...

Depot shareholders strike gold with Odland

 In a recent interview with OPI, Office Depot spokesman Brian Levine revealed that his company "has never had such a clear focus and direction as it has under Steve Odland." He continued: "We are...

Taiwan target for Staples as it launches JV

 The industry reacted with little surprise when Staples announced that it had established a joint venture with UB Office Systems, a leading office supplies delivery business in Taiwan. However, at the global headquarters of Lyreco...

Depot to present at Credit Suisse

8 June 2006 — Delray Beach (FL): Office Depot is to speak at the Credit Suisse Consumer and Retail Conference on Tuesday, 13 June. The presentation will be held at the Credit Suisse Conference...

OfficeMax shares surge after upgrade

 25 August 2005 – Itasca (IL): OfficeMax shares surged 7.2 per cent to $29.45 yesterday on the New York Stock Exchange, after being upgraded by Credit Suisse First Boston (CSFB). In a research note, Gary...

Ingram Micro to buy Avad

 Ingram Micro (IM) has agreed to buy home electronics integrator Avad. The deal is worth $200 million, comprising a $120 million up-front payment and a further $80 million, depending on how well the company performs...

IM to grow IT market share

13 July 2005 - Santa Ana (CA): Following the news of Ingram Micro's (IM) acquisition of Avad, Credit Suisse First Boston (CSFB) has reiterated an outperform rating together with a $23 price target on...

a real Peach

As Dr Ueli Wolfensberger prepares to relinquish the Peach CEO role, he and his planned successor Alfred Wirch discuss key new initiatives that will ensure he goes out with a bang or many years,...

challenging times

With unemployment rising above the 40 per cent mark, South Africa's economic state can sometimes be a hostile and challenging environment for the OP industry Confusing. It's a fair way to describe the South...

GPC expands board

   

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