Fortune 500) and OfficeMax (OMX, Fortune 500) dropped into dollar territory as they announce sales declines and store closings. Staples, on the other hand, has opened 41 stores so far this year; and last year, it shelled out $4.8 billion in 2008 for Corporate Express, the country'...
The struggling office supply retailer said the merger will mean cost savings of about $1 billion per year. Staples will "better optimize our retail footprint (and) minimize redundancy" -- business language that usually means more store closings and layoffs, although management did not address th...
The Court recognizes that it is difficult to overcome the first blush or initial gut reaction of many people to the definition of the relevant product market as the sale of consumable office supplies through office supply superstores. The products in question are undeniably the same no matter who...