Is Office Depot Dying?
Thus, I think Office Depot’s footprint of 1,307 stores in North America is its most valuable asset. For instance, Amazon could buy Office Depot and convert those stores into Amazon Go locations.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Thus, I think Office Depot’s footprint of 1,307 stores in North America is its most valuable asset. For instance, Amazon could buy Office Depot and convert those stores into Amazon Go locations.
Read MoreOne thing is clear though: The brick-and-mortar office supply business is doomed. My prediction is that both Office Depot and Staples will collapse within the next few years, whether or not they merge. Investors should stay away from this sector because it simply has no future.
Read MoreMy prediction: if the merger goes through, there will be bigger losses at Staples as it tries to divest itself of all those stores. The revenue and the stock value of the new Staples will plummet because of those losses. Those losses will come as Staples faces more competition online.
Read MoreStaples reported online sales of $10.4 billion in 2013, making it a very profitable online retailer. Unfortunately, it is a very profitable online retailer that is saddled with a very unprofitable chain of brick and mortar stores.
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