Office Supply News Blog June Archive blog.topic  

Invest Now or Forever Hold Your Peace

By News Minder at 06/26/08 10:09

Now's the Time for Opportunistic Greed If you have wanted to invest in something a little more substantial than your typical penny stocks, you might go for 3M, Americas leader in innovation. Or you might go for JPMorgan, the largest bank. Makes sense. Right now though, experts are saying that the office supply companies are the ones that will make it through this volatile time in the market.

Office Depot, Staples, etc., all seem to be pretty stable in the market. Now a days you don't know what you can count on but don't be afraid to invest. To read more about today's stock market dynamics visit this link, Now's the Time for Opportunistic Greed.

Small Town Business is Closing its Doors

The Stepp Office Supply Company is officially closing its doors on June 30. It is really sad to see a true hometown business shut down after so many years of service to the community. The people of the community only had pleasant things to say about the company and were deeply affected by the closing.

Competition from OfficeMax and Office Depot became a little too much for this store. Coupled with the economy right now it seems that there was no hope for this business. To read more about them visit, Stepp Office Supply in DeLand closing - The DeLand-Deltona Beacon.

Office Depot Cuts Jobs

The Office Depot Headquarters in Delray Beach, Florida is looking to cut some of its 2000 jobs. They say that the reason for this is because of the economy in that sector. They are also trying to cut overall costs.

They are saying, however that employees will get a severance for the jobs. To read about this and Office Depot's stock market highs and lows visit Office Depot looks to trim jobs - South Florida Business Journal.

Office Depot Overcharges

Some allegations against Office Depot have arisen regarding overcharging local and county governments.

The details of this accusation have not yet been discussed. An ex-employee of Office Depot is set to present this case at the office of the attorney general. To read more about this case read New details on overcharging allegations against Office Depot.

5 Years of Saving the Environment for Office Depot

Office Depot is celebrating its five year anniversary for its policies regarding paper.

The company put in place a paper procurement policy that set the standard for the industry. This company is one to look to for an example of big companies that make a difference.

To read more on the office depot environmentally friendly policies visit Office Depot Commemorates Five Years of Environmental Policy Leadership.

Office Depot Takes Care of Japanese Customers

Office Depot has recently partnered with bigboXX.com to make products available to the Japanese customers overseas.

They hope that the partnership will enable them to better serve their Hong-Kong based customers.

To read more about this partnership visit Office Depot partners with bigboXX.com - South Florida Business Journal: .

Office Supply Businesses Merge in Thailand

Recently, Central Retail Corporation has acquired Makro Office Center in Thailand. The merge is hoped to produce more business for both companies.

CRC is one of the largest operators of Office Depot and Makro is a wholesale food company.

To read more about this merge visit Bangkok's Independent Newspaper .