Office Supply News Blog June Archive blog.topic  

Is OfficeMax Stock Profitable?

By News Minder at 06/27/08 11:41

OfficeMax was reported to be at its 52 week low at 17.05. It seems strange that this company is not doing as well (reports say it has been falling for the last year) compared to Staples and Office Depot Stocks. Such similar companies should warrant similar patterns, right?

OfficeMax was also recently taken from the S&P 500 list regardless of it 4 out of 5 star rating. Despite the problems, experts say that the stocks could still be profitable for holders. To read more visit, OfficeMax (OMX) NewsBite - OfficeMax Removed From S&P 500.

OfficeMax offers 100% Recycled Paper

OfficeMax is now giving customers the option of choosing 100% post consumer recycled paper for their in house print jobs. The people at OfficeMax are really interested in the green movement and want to give customers the option of choosing more environmentally friendly products. Even the self-serve copiers now offer the recycled paper as well.

Online, OfficeMax also offers a calculator type thing that allows businesses to quantify the difference using recycled paper for their order makes. To read about the recycling efforts of OfficeMax visit, OfficeMax Now Offers 100 Percent Post-Consumer Recycled Paper.

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.