-
Office Depot implores shareholders to support Staples' acquisition deal
Boca Raton, Fla. -- Office Depot will urge its stockholders to support a merger with Staples by asking them to vote in favor of the $6.3 billion acquisition by Staples at an annual meeting. Industry insiders say the merger could help the pair solidify their positions in the office supplies market and fend off gains made by Amazon and Walmart in the category.
-
Retailers doing good: Ann Inc. donates millions to cancer research; Whole Foods fights against poverty
New York -- High-profile retailers can make a high-impact difference when they use their clout to do good.
Case in point: Ann Inc., parent to Ann Taylor and Loft, donated more than $4.3 million to the Breast Cancer Research Foundation to fund groundbreaking cancer research. The brands parlayed successes from the 2014 spring and fall campaigns and have brought the company's total corporate donation to $22.3 million in the past 10 years.