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Sycamore to cash in on Staples investment?

Private equity firm Sycamore Partners is intending to recoup around $1 billion in cash from Staples Inc and possibly take…

Staples deal for Essendant confirmed

The acquisition of US office products wholesaler Essendant by Staples in a deal worth almost $1 billion has been confirmed.…

Staples and Essendant sign NDA

After months of waiting, Staples and Essendant have finally entered into a confidentiality agreement (NDA). Following last week’s news that…

Staples turns the screw on Essendant

Staples has sent Essendant a draft merger agreement after reiterating its previous proposal to acquire the wholesaler for $11.50 per…

Essendant tops earnings estimates

There was some encouraging news for Essendant in its second quarter earnings which came in well ahead of analysts’ consensus…

Research: Finding that anchor

The fifth incarnation of The View from the Top: The State of the OP Industry 2017-18 is highly indicative of…

Depot’s CompuCom launches bank software | Staples lay-offs confirmed | Faber-Castell Malaysia turns 40

A round-up of this week’s office products, business supplies and stationery news from around the web and elsewhere.A legal notice…

Analysis: Which road will Essendant take?

At the end of February, US business products wholesaler Essendant reported a set of challenging 2017 financial results, with sales…

How will Essendant respond to market forces?

There are some interesting market dynamics in play that might shape a new future for US business products wholesaler Essendant.There…

New CEO for Staples

As revealed by OPI early this morning (GMT), Staples Inc CEO Shira Goodman has been 'let go'.Her departure was confirmed in an…

Lederer joins Staples Inc

Sycamore Partners has announced the appointment of John Lederer as a Senior Advisor.Lederer will serve as Executive Chairman of the…

Staples sale closes

Staples Inc’s acquisition by private equity firm Sycamore Partners has been completed.The reseller’s shareholders had approved the $6.9 billion deal…

Staples shareholders approve sale

Staples Inc’s acquisition by private equity firm Sycamore Partners is on track to be finalised shortly after the office supplies…

Analysis: Staples to be carved up by new owner

One rationale for Staples Inc going private was that this would allow for an acceleration of structural reforms, and this…

Analysis: Office Depot CEO promises aggressive growth strategy

Office Depot CEO Gerry Smith has said the reseller will be aggressive in taking both organic and inorganic steps to…

Mid-market gains for Staples

Staples has said that sales to mid-market customers at its Staples Business Advantage (SBA) were up 11% year on year…

Sycamore to carve up Staples

New regulatory documents filed with the US Securities and Exchange Commission (SEC) confirm that Staples Inc will split into three…

Staples takeover decision date | Amazon in trouble with the feds | Cenveo shifts...

A round-up of this week’s office products, business supplies and stationery news from around the web and elsewhere.Staples has announced…

Analysis: Staples’ takeover journey revealed

A regulatory filing by Staples has provided details of the company’s proposed takeover by private equity (PE) firm Sycamore Partners.Staples…

Analysis: Don’t bet on Amazon buying Office Depot

There has been recent speculation that Staples’ acquisition by Sycamore Partners could pave the way for Amazon to buy Office…

Big read

SPR announces new HQ and DC plans

North American wholesaler S.P. Richards (SPR) is set to move to new headquarters in the coming weeks following last month’s…