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Office Depot, LLC

  • Macy’s names former Office Depot exec as legal lead

    Macy’s, Inc. has named Elisa D. Garcia as chief legal officer, effective Sept. 7, succeeding Dennis J. Broderick, who is retiring after 29 years.   Garcia, 58, has served in the same capacity for Office Depot since 2013. She was executive VP/general counsel for Domino’s Pizza prior to that.  
  • Former office supply executive joins Office Depot board

    Kristin Campbell is executive VP and general counsel for Hilton Worldwide Holdings, but it’s her prior office supply retail experience that motivated Office Depot to proffer a seat on the board.   Prior to joining Hilton, Campbell spent 18 years at Staples, where she was most recently senior VP, general counsel and corporate secretary.  
  • Office Depot in big hiring spree

    Office Depot isn’t about to let its rivals get the better of it during one of its busiest times of the year.   The office-supply retailer plans to hire a total of 8,000 seasonal and regular associates for the back-to-school season, up 33%, or 2,000 associates, over last year.  
  • Staples on hunt for new CEO; interim chief named

    The long-drawn out battle over the merger of Staples and Office Depot has claimed its first victim.

    Staples chairman and CEO Ron Sargent will step down after the chain’s annual shareholders meeting on June 14. His exit comes just weeks after a federal judge struck down Staples’ proposed acquisition of rival Office Depot. http://www.chainstoreage.com/article/staples-and-office-depot-call-merger-wake-ruling%3Cbr />  

  • Office Depot regrouping

    Office Depot Inc. is regrouping less than a month after a federal judge blocked the chain’s planned acquisition by rival Staples Inc., causing the two companies to abandon the deal.
     
    On Tuesday, Office Depot announced its board had approved a $100 million stock buyback program. The retailer also said it is finalizing its comprehensive strategic review, which includes capital structure and return of capital alternatives.
     

  • The retailer with the best customer experience is…

    Supermarkets and fast-casual restaurant brands took the top positions in an annual ranking of customer experience.   Publix, Chick-fil-A, and H-E-B earned top three positions in Temkin Group’s 2017 Temkin Experience Ratings, a cross-industry benchmark of customer experience.     Publix had a score of 84%, closely followed by Chick-fil-A and H-E-B, which both scored 83% in the seventh annual rating.  
  • Staples and Office Depot call off merger in wake of ruling

    The nation’s two largest office-supply chains have pulled the plug on their $6.3 billion merger.
  • Study: This retailer is tops in providing digital experience

    When it comes to providing digital consumers with a quality online shopping environment, one well-known discount club chain comes out on top.

    According to the “2016 Digital Experience Report” from application performance company Dynatrace, Costco led all online retailers in both performance and reliability. Apple followed in a close second place.

  • Office Depot earnings, sales derailed by stalled Staples merger

    Office Depot put the blame for disappointing first-quarter financial results on its delayed buyout by Staples.

    "The protracted regulatory review of the pending Staples acquisition continues to have a substantial disruptive impact on our business," stated Roland Smith, chairman and CEO, Office Depot. “Our North American Business Solutions Division and International Division are more impacted by this disruption and accordingly, both failed to meet our sales and profit expectations this quarter.”

  • Staples adds interesting new board members

    Regardless of the final outcome of its acquisition of Office Depot, Staples just nominated three individuals to its board of directors with unique perspectives on growth.

    Curtis Feeny, managing director of Voyager Capital, Deb Henretta, former group president of global e-commerce at Procter & Gamble and John Lundgren, chairman and CEO of Stanley Black & Decker, have been nominated by the Staples board of directors for election at the company’s 2016 annual meeting.

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