Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Office Depot

The Death Spiral

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.

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Market Insanity

Staples’ Purchase of Office Depot Makes No Sense

My 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.

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The Death Spiral

Staples Struggles to Survive

Staples 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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