Office Depot reported a sales decline in its first quarter ended March 30, 2019, and kicked off a business acceleration program to reduce costs and improve business operations.
Office Depot has appointed Stephen Mohan as evp/business solutions division, effective May 13. Mohan will report directly to Gerry Smith, chief executive officer.
Staples and Essendant have extended the expiration time of their previously announced tender offer, the companies have announced.
Consumer spending for the back-to-school/college shopping season is expected to be slightly less than 2017, according to an annual survey from the National Retail Federation and Prosper Insights & Analytics.
As summer rolls on, Staples is introducing the company’s 2018 back-to-school collection, which it describes as an extensive assortment of national name brand and exclusive products at affordable prices available in stores across the U.S. and online.
Dorel’s Ameriwood Home division is expanding its task-related home office furniture collections.