there will not be any VC take over of SPLS...why is this so hard for you guys to understand.....RETAIL office products is DEAD...whether own by VC or share holders....the business model is THROUGH....they have hundreds upon hundreds of store to close or down size.....OMX. ODP and SPLS stores are the show rooms for Amazon and other internet retailers.......3-5 years from now OMX, ODP and SPLS will be 90 internet, B2B business
I disagree with your pessimistic outlook for the company & agree that VC's may or may not enter into this (the rumors are good enough to make the issue move up though...)
Staples has a HUGE online presence which is the main reason they are doing as well as they are in comparison to Office Depot & Office Max.
In fact; Staples is 2nd only to Amazon in online office equipment & electronics sales & management is aware of this fact & is moving to become #1 in this segment.
Have you ever visited the Staples website?
It is very well designed & the promos go head to head with the best.
Not to mention the fact that Staples beats Amazon on shipping cost incentives & we all know that low & no cost shipping is a huge contributor to online conversions.
Sure; we are seeing a squeeze on margins but that's happening in most retail sectors & when the economy picks up we'll see improvements in sales & margins.
I believe Staples will do just fine over the next 3 to 5 years by improving their already strong online presence & by taking advantage of struggling competitors.
After that who knows; but I'll have liquidated by then anyway.
"Why go short on something you don't like when you can go long on something you do?"
(Optimism vs Pessimism)