Wednesday, November 2, 2016

Office Depot 'recovering quickly from disruption' caused by Staples

Office Depot Inc. CEO Roland Smith said the company is rebounding from Framingham-based Staples Inc.'s failed acquisition of the South Florida company, although its profits are still on the decline.

The Boca Raton-based retailer posted its third-quarter results Wednesday with a 7 percent decrease in sales year-over-year to $2.8 billion. The results exceeded Wall Street's expectations.. . . more

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