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In 2014, in the wake of increasing competition from e-commerce market, Staples began to close some of its locations. In 2015, Staples announced its intent to acquire Office Depot and OfficeMax. However, the purchase was blocked under antitrust grounds due to the consolidation that would result.
Office Depot, Inc. is an American office supply retailer headquartered in Boca Raton, Florida. The company operates 1,400 retail stores in the United States under the Office Depot and OfficeMax brands, [4] as well as e-commerce sites and a business-to-business sales organization.
OfficeMax is an American office supplies retailer founded in 1988. As an independent chain, it was the third-largest office supply retailer in the United States. Following a 2013 merger, it is currently a brand and subsidiary of Office Depot. The first OfficeMax store, located in Mayfield Heights, Ohio.
Staples Canada ULC, operating as Staples (Bureau en Gros in Quebec), is a Canadian retail sales company owned by Sycamore Partners. Staples was founded by Leo Kahn and Thomas G. Stemberg. Since 2017, Staples Canada has operated independently from Staples' U.S. retail and U.S. business-to-business (B2B) operations. History
Quill Corporation is an American office supply retailer, founded in 1956, and headquartered in Lincolnshire, Illinois. A wholly owned subsidiary of Staples, Quill serves more than one million small and mid-sized U.S. business customers, with access to over one million assorted products.
In recent years the office supply sector has been the stock market's equivalent to watching paint dry. Office supply chains Staples (NAS: SPLS) , OfficeMax (NYS: OMX) , and Office Depot...
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