It's called SalesForce. Their sales people are in front of a computer writing reports (fairy tales) to managment instead of making sales calls to generate business/revenue for the company.
Moral at Staples is ZERO!
The stock is fairly priced. The office supply business is in decline. Paper / Toner in decline. General office supplies in decline at least 5% per year. So absent a merger SPLS is going nowhere but down. Short term traders might catch a couple of pops if you get in and out at the right time but long term all bad news. Especially with the stale Staples management team.
They are not going BK but the prospects for them into the future does not look good. Their base business in office supplies, paper,toner is in decline. I think the stock price is about where it should be. This was a great company. It is still a good company but desperately needs new leadership.