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Staples Inc. is an American office supply retail company headquartered in Framingham, Massachusetts. Founded by Leo Kahn and Thomas G. Stemberg, the company opened its first store in Brighton, Massachusetts on May 1, 1986. [5] By 1996, it had reached the Fortune 500, and it later acquired the office supplies company Quill Corporation.
Office Depot, Inc. is an American office supply retailer headquartered in Boca Raton, Florida. The company operates 1,400 retail stores in the United States under the Office Depot and OfficeMax brands, [4] as well as e-commerce sites and a business-to-business sales organization. The company has combined annual sales of approximately $11 ...
OfficeMax is an American office supplies retailer founded in 1988. As an independent chain, it was the third-largest office supply retailer in the United States. Following a 2013 merger, it is currently a brand and subsidiary of Office Depot. [1] The first OfficeMax store, located in Mayfield Heights, Ohio. OfficeMax in Mexico City.
A year ago Staples and Office Depot agreed to a $6.3 billion buyout, but now Amazon is rumored to be interested as well.
The pending merger between the second and third biggest U.S. office supply retailers -- OfficeMax and its rival Office Depot -- may be a clear win-win situation that will bring long term value to ...
OfficeMax and Office Depot Provide Merger Update Companies Gain Momentum in Integration Planning More Than 150 Team Members from Both Companies Engaged in 17 Workstreams Companies Reaffirm ...
Quill Corporation is an American office supply retailer, founded in 1956, and headquartered in Lincolnshire, Illinois. A wholly owned subsidiary of Staples, Quill serves more than one million small and mid-sized U.S. business customers, [1] with access to over one million assorted products. While over 70% of sales are conducted online, [2] it ...
Starboard also called for a merger between Office Depot and Staples, but the Federal Trade Commission ruled against it for anti-trust reasons, and a judge agreed with the FTC's verdict. [1] In November 2017, Starboard Value took a 10.7% stake in Mellanox Technologies, an Israeli semiconductor firm.