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Staples, Inc. Message Board

splskoolaid 4 posts  |  Last Activity: Aug 21, 2014 11:43 AM Member since: Sep 20, 2008
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  • Reply to

    another bad quarter and the same story

    by splskoolaid Aug 21, 2014 8:57 AM
    splskoolaid splskoolaid Aug 21, 2014 11:43 AM Flag

    Kimwang56- I am not an employee but rather someone who has followed the stock for some time. I will back up my point by asking you to follow the trend line since 2007 and you will see that the stock has steadily declined. They have eroded all potential shareholder value by mismanaging this deal, particularly through their arrogance in Europe and Australia. They turned profitable companies (particularly Australia) into loss making ones by insisting the staples way is the only way.

  • I say this every quarter. It is time for a leadership change. New marketing trying to make Office supplies sexy and hip is not going to change the fact that this company is tired and poorly run. RS has continued to sing the same story about changing the model by adding new SKU's but the reality is this company killed itself years ago with the CEXP acquisition. They lost all of their momentum and have never recovered. Their management is poor and they are trying to stick with the same tired messages internally. They need to sweep the entire leadership team out over the next few years and bring in new leadership with ideas that will work. Management by intimidation is not a strategy. It is very clear to all that know the inner workings of this company that they are now in the death spiral just like ODP was a few years ago. how many more years will they continue to make earnings by cost cutting and taking charges to cover severance costs?

  • splskoolaid by splskoolaid Mar 6, 2014 4:54 PM Flag

    I am shocked that the Board Of Directors is not acting at all to replace Ron S. He is past his prime and is now looking like a sad figure. This ship is sinking fast and has no hope for turnaround and needs to be taken private. It will never be a growing company with the current leadership replaying the same tired strategy. You need fresh ideas and new leadership. The front line organization has now tuned management out 100% and are all fearful of the jobs. They are showing all of the signs of the death spiral. How long can you continue to work for a company that is constantly cutting staff? after a while, you lose faith in leadership when your comrades are all going away (with terrible severance packages by the way)

  • splskoolaid by splskoolaid Jan 30, 2014 11:41 AM Flag

    Seriously???? This woman has bounced unsuccessfully from job to job over the last 10 years and brings absolutely NOTHING to the table. She is at best a person who is completely out of touch with the front line where things get done and joins NR as the most out of touch executives in the industry. It is now abundantly clear that this is a 100% rudderless ship and that Ron is surrounding himself with his talentless buddies. These moves will only further erode on the incredibly low morale in this dead company. Sargent should resign and his replacement should clean house.

SPLS
16.87+0.08(+0.48%)Jan 26 4:00 PMEST

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