Office Depot, LLC

Office Depot Inc. is focusing on attracting de-cluttering consumers as the retailer awaits regulatory approval of its merger with Staples.

Office Depot announced it is launching Perch by Urbio, a new line of organization products for the home or office, available now in both Office Depot and OfficeMax retail locations and online at officedepot.com.

Roanoke, Va. – Advance Auto Parts Inc. is shifting into high gear when it comes to finance. The retailer has been selected to join the prestigious Standard & Poor’s (S&P) 500 stock index at the close of business July 8, replacing Family Dollar Stores Inc.

Office Depot is gearing up for a successful back to school season with a new lineup of essentials for students of all ages.

New York -- Concerns about regulators blocking Staples’s proposed acquisition of Office Depot have surfaced in the wake of a Federal judge blocking Sysco Corp.’s purchase of US Foods, reported 247wallst.com.

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Office Depot shareholders approved of the company’s acquisition by Staples in a vote that will prove to be largely symbolic if federal regulators determine a deal involving two direct competitors is not in the best interest of consumers.

Office Depot agreed to be acquired by Staples on Feb. 4 and on June 19 a preliminary vote total showed that 99.5% of shareholders approved of a deal that involves them receiving $7.25 in cash and 0.2188 of Staples stock for each share of Office Depot stock.

Boca Raton, Fla. — A deal that would leave the nation with one giant office-supply retailer is one step nearer to completion.

Office Depot shareholders have voted overwhelmingly in favor of the proposed $6.3 billion buyout offer from rival Staples Inc., with 99.5 % of the votes cast in favor of the merger.

Staples proposed to acquire Office Depot in February in a cash-and-stock deal. Under the deal, Office Depot shareholders will get $7.25 per share in cash and 0.2188 of a share in Staples stock for each Office Depot share held.

Amazon.com launched its new Amazon Business marketplace earlier this year and now companies such as cloud-based e-commerce solution provider ChannelAdvisor are making it easy for suppliers to tap into the platform’s potential.

"The combined company will allow us to provide more value to customers and more effectively compete in a rapidly evolving environment,” said Ron Sargent, Staples chairman and CEO.

Framingham, Mass. — Staples Inc. has received clearance from the Ministry of Commerce of the People’s Republic of China for its proposed $6.3 billion acquisition of Office Depot. Staples continues to seek clearance from regulatory agencies in the U.S., the European Union, Canada, and Australia.

The Commerce Commission of New Zealand gave its clearance for the transaction last week.