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Office Depot, Inc. Message Board

  • mowmylawn09 mowmylawn09 Dec 1, 2012 3:44 PM Flag

    Store closings

    It seems to me that all of the big three are closing stores..Office max I understand has leases expiring which makes it easier and less costly that buying out a lease..The smaller store format is in vogue and I like Office Depots try at new stores in Denver, Co.Hope to hear some results if not now maybe after Xmas?I I note that several of the "Starboard" suggestions are being implemented.The poison pill is to assure stockholders get the best value in case of buyout.Office Depot did not show up as on top of their game on Cyber Monday with the Staples getting recognition..While there had been several articles on a merger over the past 5 years, nothing has happened! So, I suspect it doesn't look viable.

    Sentiment: Strong Buy

 
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