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Office Depot News

News on Office Depot (Ticker: ODP) continually updated from thousands of sources around the net.

1 hr ago | Reuters

Starboard's battle with Smithfield over China-deal adds to activist image

Since Starboard Value LP was spun off as a separate hedge fund just over two years ago it has been fast gaining a reputation for aggressive shareholder activism, pushing for change in household names including AOL and Office Depot Inc. Initially investing in small cap value companies, Starboard quickly gained a reputation in Silicon Valley as a ... (more)

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Related Topix: Activism, AOL, Time Warner, Media, Computers, Office Equipment, Retail, Startups, Extreme Networks, Food, Smithfield Foods

6 hrs ago | Business Wire

Office Depot Announces Annual Shareholders Meeting Date

Shareholders of record on July 11, 2013 will be eligible to vote at the annual shareholders meeting.

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Related Topix: Office Equipment, Retail, Sales, Internet, Science / Technology, OfficeMax, Corporate / Securities Law, Law, Boca Raton, FL

Thu Jun 13, 2013

Reuters

Starboard sues Office Depot for not holding annual meeting

Top Office Depot Inc investor Starboard Value LP sued the second-largest U.S. office supply retailer on Thursday for not holding an annual shareholder meeting to elect directors, an unusual step on the eve of a merger.

1 comment

Related Topix: Office Equipment, Retail, Home Depot, Household Products, OfficeMax, Boca Raton, FL

Reuters

Starboard sues Office Depot for not holding annual meeting

Top Office Depot Inc investor Starboard Value LP sued the second-largest U.S. office supply retailer on Thursday for not holding an annual shareholder meeting to elect directors, an unusual step on the eve of a merger.

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Related Topix: Office Equipment, Retail, Home Depot, Household Products, OfficeMax, Boca Raton, FL

Wed Jun 12, 2013

Wall St. Cheat Sheet

Are Shorts Right About Staples?

With shares of Staples trading at around $15.50, is SPLS an OUTPERFORM, WAIT AND SEE or STAY AWAY? Let's analyze the stock with the relevant sections of our CHEAT SHEET investing framework : Staples has performed well this year, but is this trend sustainable? Longs will say yes, and they will most likely point to the merger between Office Depot and ... (more)

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Related Topix: Office Equipment, Staples, Retail, OfficeMax, Wal Mart Stores, Amazon

Tue Jun 11, 2013

Business Journal

Office Depot, OfficeMax hire recruiting firm for CEO search

Merger partners Office Depot and OfficeMax have hired an executive recruiting firm to assist in the selection of the combined company's new chief executive.

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Related Topix: Office Equipment, Retail, Alberto Culver, Household Products, Naperville, IL

Insider Monkey

Staples, Inc. (SPLS) Stock Could Have Much Further to Rise

Yet even with all the good things that have been going on with the company lately, Staples, Inc. stock only recently managed to hit 52-week highs, and it still trades for just over half what shares fetched as recently as early 2010.

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Related Topix: Office Equipment, Retail, Staples, Internet, Science / Technology, OfficeMax

Mon Jun 10, 2013

Florida Trend

Sales and Marketing Advice for Florida business How to increase profitability by up to 80 percent

Science and technology skills are seen as vital to U.S. innovation and competitiveness by technologists, business leaders, and policy-makers on both sides of the aisle.

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Related Topix: Florida, Marketing, Office Equipment, Retail

Business Journal

Office Depot merger vote set for next month

In late February, the Boca Raton-based company said it planned to merge with its rival in a $1.2 billion all-stock deal.

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Related Topix: Office Equipment, Retail, Naperville, IL

Wed Jun 05, 2013

Hispanically Speaking

Grupo Gigante Buys Remaining Stake in Office Depot de Mexico

Mexican diversified retailer Grupo Gigante said Tuesday it was acquiring the 50 percent of Office Depot de Mexico it did not already own for 8.77 billion pesos .

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Related Topix: Office Equipment, Retail

Tue Jun 04, 2013

Barron's

Emerging Markets Evening Roundup: Europe Hits China With Solar...

Brazil's industrial production rose 8.4% in April from a year ago, above the forecast for a 7% increase.

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Related Topix: Office Equipment, Retail

Benzinga

Office Depot Announces Sale of Joint Venture Stake in Office Depot De ...

Office Depot , a leading global provider of office supplies and services, today announced that it has reached a definitive agreement to sell its 50% stake in Latin American Joint Venture Office Depot de Mexico S.A. de C.V. to Grupo Gigante, S.A.B. de C.V. for the Mexican Peso amount of 8,777.36 million in cash.

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Related Topix: Office Equipment, Retail, Grupo Casa Saba SA De CV, Household Products, OfficeMax

Mon Jun 03, 2013

Seeking Alpha

Steelcase: This Little-Known Office Supply Company Could Rise 20% This Year

Steelcase is one of the leaders in office and work environment products, with such offerings as furniture, seating, desks, lighting, storage, and more.

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Related Topix: Office Equipment, Furniture, SCS, Staples, Retail, Herman Miller

Sat Jun 01, 2013

Boston.com

Office Depot, Office Max turn to Boston Consulting Group for help with merger

Office Depot Inc. and OfficeMax Inc. , two rivals of Framingham-based Staples Inc.

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Related Topix: Office Equipment, Retail, OfficeMax, Boston Consulting Group, Consulting, Staples

Fri May 31, 2013

CIO

Moves, March 2002

Patricia Morrison has an interesting perspective on her challenges as the new CIO at Office Depot.

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Related Topix: Office Equipment, Retail, CIO News, Delray Beach, FL

Thu May 30, 2013

Business Wire

View Press Release

The 1D/OD alliance will feature a collection of limited edition back-to-school products, which will be exclusively sold at Office Depot.

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Related Topix: Office Equipment, Retail, Dance, Pop/Rock, One Direction, Marketing

Internet Retailer

Rakuten Shopping steadily improves mobile performance throughout May

It's only been since Jan. 31 that Buy.com was rebranded Rakuten Shopping. Many challenges arise when a company changes its name and look.

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Related Topix: iPod touchiPad App, iPad App, iPhone App, iPod touch App, Keynote, iPhone and iPad App, Amazon, Office Equipment, Retail

Wed May 29, 2013

Front www.keysnet.com

Marathon Office Depot moving

One of Marathon's largest retailers is preparing for a major downsizing this fall.

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Related Topix: Office Equipment, Retail

Tue May 28, 2013

Seeking Alpha

Visa And MasterCard Vs. Retailers In The Big Fee Shootout

What the request is about is providing a tool that can be used against a number of retailers that have opted out of a proposed settlement of $7.2 billion, which has been preliminarily approved.

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Related Topix: Games, Card Game, Retail, Target, TJX Companies, Office Equipment, Saks, Abercrombie and Fitch, Apparel

Chain Store Age

Office Depot, Office Max select BCG for integration support

Boca Raton, Fla. Office Depot Inc. and OfficeMax Incorporated have selected The Boston Consulting Group to provide integration support for the two companies' pending merger.

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Related Topix: Office Equipment, Retail, Boca Raton, FL, OfficeMax, Boston Consulting Group, Consulting

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