NFI's impending bankruptcy and its impact on Staples
Amazing. I read many of these posts and see a lot of bickering but what you all seem to be missing is the steady up and downhill decline of Staples. people are talking about buying shares in the company thinking it is going to go up. NOPE!!! Wonder about the impact of NFI and Staples future? Don't worry, staples will always find a way to cut costs. Either through cheaper negotiations or if they can't get lower prices from outside help, they'll just take it out on their workers. Just look at the health insurance they gave the workers this year. A real Joke!!! Ask a worker about this year's raises compared to management raises --- another joke. Staples worries about ways to save pennies BUT LOSES dollars in the process. Just look at the fluctuations in their stock. I wouldn't worry about references to CVS BUT be more worried about any shares in Staples stocks. Their Back to School sales in many stores were flat or below expectations. Don't expect high marks for q2 and q3 earnings. Be advised.