Fewer suppliers seen if merger takes place. (proposed merger between Staples Inc. and Office Depot Inc.)
HFN: The Weekly Newspaper for the Home Furnishing Network, September, 1996 by Garau, Rebecca
Office equipment and supply manufacturers are anticipating the proposed merger between Staples Inc. and Office Depot Inc. The merger is expected to shrink the number of suppliers and pose short-term challenges for the two office equipment and supply stores. The merged operation,Staples, The Office Depot, will operate 1,100 stores throughout the US.
HIGH POINT--With the dust still settling over the recently reported proposed merger of Staples and Office Depot, a number of the companies' furniture suppliers are keeping an understandably close watch on developments.
Should the deal come to fruition, the new mega-entity, to be called Staples, The Office Depot, will become a $10 billion retail powerhouse, operating 1,100 stores in virtually all of the nation's...
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