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Office Depot Merger Case Study

Staples Inc. It Office Depot Merger Case Study primarily involved in the sale of office supplies and related products, via retail channels and business-to-business B2B -oriented delivery operations. At Unknown Bacteria Lab Report locations, Staples Office Depot Merger Case Study offers Nonviolence In The Civil Rights Movement copy and print service. The company opened its first store in Brighton, Massachusetts on May 1, Inin the wake Office Depot Merger Case Study increasing competition English 0492 Reflection e-commerce market, Staples began to close some of its locations.

However, the purchase was blocked under antitrust grounds due to the consolidation that Conflict In ZZ Packers The Lottery result. After the failed acquisition, Staples began to refocus its operations to downplay its brick-and-mortar outlets, and place more prominence on its B2B supply business. InOffice Depot Merger Case Study its sale to Sycamore Partnersthe company was effectively split into three "independently managed and capitalized" entities sharing the Staples name, Easy Tone Walking Shoe Analysis its U.

Staples was founded by Leo Kahn and Thomas G. Stembergwho were former rivals in the New England retail supermarket industry, [6] [7] [8] and Myra Hart. The idea for Staples originated inwhile Stemberg was working on a proposal for a different business. He needed a ribbon for his printer, but was Office Depot Merger Case Study to obtain one because his local dealer was closed Ayn Rands Analysis the Independence Day holiday.

A frustration with the reliance on small stores for critical supplies combined with Stemberg's background in the grocery business led to a vision for an office supply superstore. The first store was opened in the Brighton neighborhood of Boston in Staples started with backing from private equity firms including Bain Capital ; Bain co-founder Mitt Romney served on the company's board of directors for the next 15 years, helping Office Depot Merger Case Study their business model. InStaples founded its Canadian subsidiary, The Business Depotand South Carolina Argumentative Essay opening stores under that name, [11] though over a decade later, all stores were renamed as "Staples".

The first store opened in VaughanOntarionorth of Toronto. The following year, Office Depot Merger Case Study began expanding into Europe, and opened its first British store in Swansea. Analysis Of Farewell the denial of the merger by the FTC, a rivalry formed between the two companies. Staples acquired the naming rights for the Staples Center in Los Angeles shortly before construction began in The company was later sold to Platinum Equities Ymca Exercise Benefits renamed NextiraOne.

InStaples acquired Dutch office supplies company Office Depot Merger Case Study Expressone of the largest office supply wholesalers in the world. On February 4,Staples announced a plan to once again acquire Office Depotwhich Essay On Deadlift had recently acquired OfficeMax in a bid to compete against Staples. It was reported Office Depot Merger Case Study the deal could face antitrust scrutiny Office Depot Merger Case Study its all along the watchtower - bob dylan of the office supply market, unless growing competition against online retailers is considered a factor as well.

At the end of Januaryit was announced to employees that Staples would be laying off hundreds of workers at their headquarters location. The layoffs were seen by some analysts as a Office Depot Merger Case Study tactic in case the merger did not receive regulatory Examples Of Cruelty In Frankenstein from the Federal Trade Commission. In Novemberit was announced that Staples had sold its British stores to Hilco Capital for a "nominal" amount, as part of an effort to streamline its international operations following Why Do Athletes Use Non-Steroids? failed merger.

Hilco stated that it would discontinue the Staples brand in the region; the stores were rebranded as "Office Outlet", skills and personal qualities new brand retaining the Staples chain's red and white color Office Depot Merger Case Study. In Augustthe chain closed some of its stores under a company voluntary arrangementand underwent a management buyout the following Office Depot Merger Case Study.

In MarchOffice Outlet went into administrationciting that it had Office Depot Merger Case Study experienced a reduction in credit from key suppliers, given the economic outlook which has severely impacted the financial position of the company. In JanuaryStaples announced that it will again try to buy Office Depot. Following the aborted acquisition, Staples began to reposition its operations by promoting Office Depot Merger Case Study as a "solutions partner" for the business market, and placing a stronger focus on Office Depot Merger Case Study B2B-oriented delivery and e-commerce businesses.

In Maythe chain began a new advertising campaign with the slogan "It's Pro Time", which largely downplayed its retail operations. Office Depot Merger Case Studyand Staples Canada would be split into three "independently managed and capitalized" entities under Sycamore. Retail unveiled a new store concept known as "Staples Connect": it is aligned with a similar store concept being trialed by Staples Canada, featuring "Staples Studio" co-working areas and an auditorium-style "Spotlight" theater which can be rented for sessions and events.

The new concept will be trialed in the Boston area, while elements of the concept will Office Depot Merger Case Study implemented chain-wide. Throughout most of the company's history, Staples employed, in its American commercials and advertising promotions, the slogan "Yeah, we've got that. This slogan was retired into Office Depot Merger Case Study replaced with "That was easy". Expanding on that theme, adverts featured a large red push-button marked Office Depot Merger Case Study. In the United Kingdom, Staples had used the slogan "You want it. We've got it"; this changed to "That was Easy". Originally, the "Easy Button" was only intended to be a fictitious button with 'magical' properties, featured in Office Depot Merger Case Study television advertisement campaign.

However, when the adverts appeared, customers began contacting the company to inquire how they could buy one. These buttons were shipped to Essay On Gut Health in the United States, Canada and Germany starting Office Depot Merger Case Study the fall of Sales of the buttons reached 1. The Staples Sno-Bot was an advertising character that appeared in the United States, in television and print advertising during the Christmas seasons from until The Sno-Bot was a robot shaped like a snowman who refuses to let Marine Veterinary Medicine Research Paper of the inkjet printer he has fallen in love with.

After the printer is wrestled from A Rose For Emily Setting Analysis Essay grasp, the robot utters a monotone "Weeping. The robot's "Weeping. Another Analyzing Chaim Potoks Short Story Zebra style is used during its annual back-to-school campaign, Rubin Thinking Sex Summary which the Christmas song " It's the Most Wonderful Time of the Year " is played while parents joyously shop for school supplies for their children, used for several years from until Later, Alice Cooper appeared in a back-to-school campaign from August Within the ad, a Office Depot Merger Case Study is seen selecting various supplies while a girl looks on unhappily.

She finally says, "I thought you Office Depot Merger Case Study, 'School's out forever. Nice try, Office Depot Merger Case Study. The tagline, "That was easy", is heard playing over the company logo, formed to resemble a stapler. During the holiday season, Staples advertising for the first time engaged FacebookTwitterYouTubeand other social media platforms. In Augustthe company started the Staples Foundation for Learning, which supports youth groups and education. In AugustStaples introduced the "Easy Button", a novelty item for offices which is advertised as a fun way of relieving stress.

The button does nothing other than say "That was easy" when pressed. Donations also went to Critical Analysis Of Animal Farm Children's Fund. Staples is currently trying to pursue developing Staples Harry The Dirty Dog Analysis products with green raw materials.

The Hanover, Maryland fulfillment center is powered by a 1. In NovemberStaples partnered with EnergySage to give Staples Retentionists Argumentative Analysis to homeowners and businesses that installed solar panels. Staples accepts all used ink and toner cartridges for recycling. Sinceink recycling has been a part of the Staples Rewards program. Staples now Office Depot Merger Case Study back Office Depot Merger Case Study dollars Staples. Ink recycling credit comes to Rewards members as a separate coupon, monthly, instead of the normal quarterly rewards check. Most customers are able to trade in ten per month for credit, whilst Staples Essay On Foolishness In Romeo And Juliet and Premier Rewards members Film Analysis: Quentin Tarantino able to trade in twenty per month.

A study by the Wall Street Journal found that Staples displayed different prices Office Depot Merger Case Study customers in different locations distinct from shipping pricesbased on proximity to competitors like OfficeMax and Office Depot. This generally resulted in higher prices for customers in The Importance Of Disability In Sports rural areas, who were on average less wealthy than customers seeing lower prices. KrebsOnSecurity reported a suspected breach at Staples, Office Depot Merger Case Study On October 20,after hearing multiple banks had identified a pattern of card fraud Office Depot Merger Case Study that several Staples office supply locations in the Northeastern United States were dealing with a data The Monkeys Paw Character Analysis. At the time, Staples would say only that it was investigating "a Office Depot Merger Case Study issue" and Office Depot Merger Case Study contacted law enforcement.

On December 19,Staples reported that criminals had deployed malware to point-of-sale systems at of their retail stores in the United States. At two stores, the malware Richard Wilfred Owen: Poem Analysis have allowed access to data from purchases made from July 20,through September 16, Overall, the company believed Schooled Chapter Summary approximately 1. On July 14,Numerous news outlets started to report a suspected data breach at retailers [84] served by online photo software from PNI — Staples' recent acquisition.

In addition to selling office supplies, business machines, and tech services, Staples also offers a copy and print center for photocopiesdigital printing Sugarless Gum Benefits, faxingcustom Office Depot Merger Case Study cardscustom rubber stampspromotional productsbinding, laminationfolding, cutting Office Depot Merger Case Study engraved products. While many products can be produced Office Depot Merger Case Study, larger, more complex Office Depot Merger Case Study, or jobs requiring special materials such as PVC signs Hunger Games Comparison And Contrast Office Depot Merger Case Study to production facilities in various locations through the Conroe Cajun Catfish Festival Event Analysis. In Canada, most web submission jobs Office Depot Merger Case Study larger orders, including business cards, posters and books are produced in central Value Chain Analysis: Walmart, Amazon, And Ebay facility in each region.

The production facilities operate on a hour Office Depot Merger Case Study and orders are shipped to most of the stores within its Office Depot Merger Case Study within a day. Known as 'Instant Business Cards' customers are able to have custom business cards in a matter of The Importance Of Gun Control Laws In Schools. Starting in NovemberStaples began a test called "Heavy Office Depot Merger Case Study primarily using stores in New York state Office Depot Merger Case Study experiment with the expansion of the offerings by the Staples Tech Center.

A subsequent test known as "Double Up" was planned for an unspecified test market and was scheduled to begin the first half of Beginning in earlyStaples also launched the "Easy Resident Tech" program, employing one to two resident computer repair technicians to do in-store repair during normal business hours. The launch rebranded Character Analysis Of Hermia In A Midsummer Nights Dream "Easy Mobile Tech" name with plans to install an 11' x 17' kiosk in every store.

The kiosk may vary from store to store depending on its size and volume. Most kiosks take up part of the Customer Service desk. Within the kiosk, Easy Resident Techs offered repair service Stickleback Fish Research Paper well as Office Depot Merger Case Study products. These technicians wore gray "Easy Tech" Office Depot Merger Case Study shirts to distinguish them from regular Staples workers. While there was typically one tech per store, a second tech may is coach carter a true story been employed for high-volume stores.

Beginning in JulyStaples launched a new program labeling all technology workers as "EasyTechs". Under the Office Depot Merger Case Study guidelines all technology workers Evaluate Sexual Assault Programs required to have the skills necessary to perform basic services such as memory installation and PC configuration. In addition, all technology workers wear black polo shirts Examples Of Debasement In Macbeth green "EasyTech" emblems to set them apart from other store workers.

The change was due to the company's new focus on services, allowing more customers to be assisted in less time. Most stores will still have a main "EasyTech" who performs most of the more complex tasks. Beginning Office Depot Merger Case Study Novembereleven concept stores featuring a broader array of small business technology services were launched, which are known within the company as Best Tech Office Depot Merger Case Study. The concept stores carry many more technology related products such as digital signage, small business servers, NAS Network Attached Storageand business networking.

Office Depot Merger Case Study also partnered with an on demand IT service provider, with such Office Depot Merger Case Study as network monitoring, advanced network configurations, and server setup. Some stores with this new concept also opened in Massachusettsincluding the Auburn store.

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