Friday, February 06, 2015

Staples To Merge With Office Depot

Via the New York Times:
In planning a $6.3 billion merger, Staples and Office Depot are betting that 18 years was long enough for government regulators to change their minds about how consumers buy office supplies. The deal, announced on Wednesday, is expected to be closely evaluated by antitrust authorities, given that it will shrink the world of office supply retail specialists to a single chain. A previous attempt to unite the two in 1997 was blocked by the Federal Trade Commission. But the two retailers will argue that since then, the business of selling office supplies has become significantly more competitive. Customers can choose from a variety of sources, including giants like Walmart, Target and Amazon. It is this rise of alternatives that helped propel the latest merger talks in the first place.
Office Depot bought Office Max just two years ago. In a press release posted on their website, Staples headlines the deal as an acquisition, not a merger.

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Saturday, September 06, 2014

Corporations To SCOTUS: Uneven Marriage Laws Are Burdening Our Business

Thirty major corporations have filed an amicus brief asking the Supreme Court to hear AFER's challenge of Virginia's same-sex marriage ban. On the list: Amazon, CBS, Deutsche Bank, eBay, Intel, General Electric, Levi Strauss, Nike, Oracle, Pfizer, Staples, Target, and Viacom. In general, the brief argues that the nation's uneven patchwork of marriage laws places an undue burden on corporations. An excerpt:
Amici include technology, materials, financial services, pharmaceutical, apparel, and entertainment companies; hoteliers and restaurateurs, service providers, consultants, and designers. Amici all share a desire to attract and retain a talented workforce. We are located or operate in states across the country, some of which recognize marriages of those of our employees whose spouses are of the same sex, and others that prohibit marriages between same-sex couples and refuse to recognize existing same-sex marriages. This dual and continuously shifting regime uniquely burdens amici. This legal uncertainty exposes us, as employers, to unnecessary cost, risk, and administrative complexity. In addition, this irresolution hampers our efforts to recruit and retain the most talented workforce possible, placing us at a competitive disadvantage. Our success depends upon the welfare and morale of all employees, without distinction. The burden imposed by inconsistent state laws of having to administer complicated schemes to account for differential treatment of similarly situated employees creates unnecessary confusion, tension, and ultimately, diminished employee morale.
Hit the link for the full list of corporations.

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Friday, January 10, 2014

One Million Moms Vs Staples

Just in from One Million Moms:
The new Staples ad campaign uses the tagline "What the L!" We all know children repeat what they hear. Everyone knows exactly what the company is implying with the mock swearing, but their commercials make sure there is no doubt of their intentions to push the advertising envelope. Staples printed ad spells out "STAP ES" (minus the L), - leading to the question, "What the L is going on?" Staples commercials use these slogans: "There will be L to pay; L if I know; Get the L out of here; All L has broken loose and What the L is going on." Staples' ads (airing on broadcast airwaves and in print) are irresponsible and offensive. They are extremely destructive and damaging to impressionable children who will be exposed to this suggested profanity. Send Staples an email letter and urge them to no longer produce marketing campaigns that cross the line, to pull the newest "What the L" commercials off the air and stop circulation of the printed ad immediately.

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