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Office Depot in deal for its European business
Office Depot Inc. has agreed to sell its European business to an investment group. The office-supplies retailer is selling its European operation to German investment firm Aurelius Group. Office Depot Europe operates more than 100 stores in Europe, under such banners as Viking. -
Shakeup at American Apparel: CEO to step down
Photo: Paula Schneider The saga continues at American Apparel. Paula Schneider plans to step down as CEO of the apparel retailer on Oct. 3, according to yahoo.com, which cited a report by Women’s Wear Daily. Schneider will be replaced by the company’s general counsel and chief administrative officer, Chelsea Grayson.

