Consumer Affairs & Relations

FRAMINGHAM, Mass. Staples announced that for the third quarter ending Oct. 30, it expects to achieve diluted earnings per share, on a GAAP basis, in the range of 38 cents to 40 cents. North American Retail comparable-store sales in the third quarter are expected to decline approximately 1% versus the same period in 2009.

Fort Worth, Texas -- RadioShack Corp. reported Monday that profit for the quarter ended Sept. 30 rose 23% to $46 million, compared with a profit of $37.4 million in the year-ago period.

Revenues increased 6.5% to $1.05 billion, compared with sales of $990 million a year earlier. Wall Street expected revenue of $1.03 billion.

Same-store sales rose 6.2%.

ARLINGTON, Va. The Retail Industry Leaders Association has announced the addition of long-time Capitol Hill veteran Doug Thompson as VP government affairs.

Thompson has spent the last 21 years as an aide to Congressman John Tanner (D-TN), serving as Legislative Director for the past 17 years.

Steve Odland has resigned as chairman and CEO of Office Depot just days after the Securities and Exchange Commission released a settlement agreement detailing how he and former CFO Patricia McKay violated the agency’s fair disclosure rules. Board member Neil Austrian will fill the CEO role on an interim basis while the executive search firm of Heidrick & Struggles locates a replacement.