Staples Renews Office Depot Acquisition Bid

Staples once again is moving to purchase Office Depot, which would consolidate the office superstore channel in similar vein to what has occurred in the electronic and home furnishings specialty retail channels, where Best Buy and Bed, Bath & Beyond dominate on the national scene.

Pier 1 Responds To Alden Demands

Pier 1 Imports has issued a statement in response to a public letter received by its board of directors from Alden Global Capital regarding that investment group’s call for changes to the retailer’s board of directors.