Market Mad House

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

Staples (NASDAQ: SPLS)

The Death Spiral

Is Staples Close to Death?

Two interesting buyers would be Walmart and Amazon. Walmart would buy Staples for its brand and online market share. Amazon might be interested in Staples’ 1,600 brick and mortar locations as pickup points for merchandise. It needs such points to counter Walmart which has already opened 600 such pickup points.

Read More
The Death Spiral

The Retail Apocalypse Hits Wall Street

With numbers like these, one has to wonder if Macy’s and Dillard’s businesses are sustainable. These companies will have to make major numbers of store closings and other cutbacks just to stay in operation.

Read More
The Death Spiral

Office Depot: inside a Dying Retailer

$33 million in cash from operations, that’s right folks, Office Depot only generated $33 million from $14.15 billion in sales. This number is particularly frightening because Office Depot reported $184 million in cash from operations in March 2015. The company’s cash from operations decreased by $151 million in just a year.

Read More