Office Depot in stock buyback

Office Depot in stock buyback

The American office supply company has announced that it is buying back $100 million (€87.7 million) of stock in 2019 to help improve its financial outlook. According to South Florida Business Journal, the stock repurchase programme will begin on January the 1st, in a...
Office Depot in stock buyback

Office Depot releases latest financials

The office equipment supplier has published its data for Q3 of the current fiscal year (ended September the 30th), with income falling despite a rise in sales. For the three months from July to September, Office Depot recorded sales of $2.88 billion (€2.52 billion), a...
Oliver Klinck departs Office Depot

Oliver Klinck departs Office Depot

Oliver Klinck, latterly Chief Sales Officer Direct and Chief Merchandising Officer at Office Depot Europe, has been appointed to the executive team of eBay in Germany. As Vice President Commercial Operations, he will be reporting directly to Eben Sermon, Managing...
Staples eyes up Essendant Inc.

Staples eyes up Essendant Inc.

Having missed out on the acquisition of Office Depot, Staples has now set its sights on the purchase of Illinois office supplier Essendant. According to the Boston Globe, the Director of Staples, Stefan Kaluzny, has this week “increased the pressure” on Essendant, and...
Office Depot expands Workonomy

Office Depot expands Workonomy

Office Depot, Inc. has announced the expansion of the company’s Workonomy platform, which offers comprehensive business services married with “human touch” expertise to small- to medium-sized business (SMB) customers. Workonomy reflects Office Depot’s ability to...