-
Report casts doubt on proposed Staples-Office Depot merger
New York -- A new report suggest that the Federal Trade Commission is unlikely to approve the merger between Staples and Office Depot.
The report, by 24/7 Wall St., cites on a market-share argument that the proposed combination imperils competition.
To read the story, click here.
-
Sears Hometown profit declines in Q2; will close stores
Hoffman Estates, Ill. – Sears Hometown & Outlet Stores Inc. posted declining profits and revenues in a generally difficult second quarter of fiscal 2015.
The retailer plans to close 40-50 underperforming stores by the end of the year, on top of 63 underperforming locations closed in the first half of 2015.

