GLG News by Office Supply Companies Experts
Analysis of:
Circuit City chases service with new Firedog brand (today.reuters.com)
Circuit City's answer to Best Buy's Geek Squad is nothing less than expected. Both of these retailers understand where they will need to go in order to maintain and grow their customer bases...against the increasing competition coming from the likes of Wal-Mart.The question is, who will be better and...
Analysis of:
Securing New Markets Key to Staples Expansion (www.retailingtoday.com)
Despite predictions from saturation analysts that cap out Office Supply stores at 4000 units in the US, Staples is intent on dramatically increasing store counts in the coming year. With 1300 already on the books, Staples looks to 2007 to put another 100+ stores in new, as well as in existing stronghold...
Analysis of:
Wal-Mart jumps the gun on Black Friday? (money.cnn.com)
Pre-promoting an upcoming special is not a new retail concept. What makes this strategy interesting is the event they are targeting. Black Friday is such a unique sales day across so many industries. The shopping rush is almost as much about the social event as it is about the hot deals. With Wal-Mart...
Analysis of:
Ford Posts $5.8 Billion Loss Amid Restructuring Costs (online.wsj.com)
The losses continue to grow, but some Ford supporters are still happy. Investors are disgruntled and the stock drops, but some Ford supporters are still happy. Product quality and innovation are declining and still, some Ford supporters are happy. The problem with Ford over the last few years is that...
Analysis of:
OfficeMax Has Biggest Profit in 2 Years (biz.yahoo.com)
Over the last two years, OfficeMax has held firm in its resolve to be profitable. They have cut back their advertising, reduced their inventory levels, and trimmed their payroll. These along with several other actions have helped Omax achieve its highest profit level in two years. The impact though,...
Analysis of:
Staples suit resolved by classy action (www.boston.com)
In response to a class action lawsuit, Staples was supposed to hand out a certain number of credit vouchers. They significantly exceeded the amount of vouchers they were supposed to distribute resulting in 2.5 times the normal foot traffic for that particular day. Was it a mistake, or did they turn...
Analysis of:
Future Possibilities Rest on Three Pronged Strategy (www.dsnretailingtoday.com)
Office Depot has plans on growing exponentially. According to Steve Odland, the opportunity exists for the addition of 1000 more OD retail stores in the coming decade. The primary driver behind this thinking(aside from their string of successful financials in the past 2 years) has been the success...
Analysis of:
Wal-Mart Expands Generic Drug Plan (wmt.bloggingstocks.com)
Wal-Mart's announcement regarding discount prescriptions should not have come as a surprise to anyone. They are expanding in to virtually every possible category and this most recent move will have a strong impact on drug stores across the country. With a high margin front end business advantage over...
Analysis of:
Staples plans to keep growing (www.retailnet.com)
Staples does many things well and often, simply because they can; however, it should be noted that decisions on new and emerging business are not hasty, but rather, well thought out and done with expectation of current and future success regarding market share positioning. If one begins to analyze the...
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