Via John P. Richards, President â Pittsburgh Area Retiree Chapter of the APWU The APWU Election of Officers is underway. While there are numerous resident and field officers to be elected, this report will concentrate on only those running for President, since that is the most important office, and as this is written and published…
Web News Article #: 226-2015 12/07/2015 – The Federal Trade Commission (FTC) announced today that it would seek to stop the proposed merger of Staples and Office Depot, the nationâs largest and second-largest office-supply chains. The agency filed an âadministrative complaintâ charging that Staplesâ proposed $6.3 billion takeover of Office Depot would violate the nationâs…
By John Houck – December 1, 2015 The proposed merger of business retail giants Staples and Office Depot is in trouble. Federal antitrust regulators may block the deal, fearing an office supply monopoly. Staples and Office Depot first proposed the merger back in February. In a previous Inquisitr report, the deal worth $6.3 billion at…
By Josh Kosman – September 3, 2015 Staples and Office Depot may soon get schooled by the Feds on their attempted merger. The Federal Trade Commission in the last several days has sent out a second round of subpoenas to Staples and Office Depot customers after already conducting a full review of the merger proposal,…
For Immediate Release 07/07/2015 – WASHINGTON – The collapse of a planned merger between Sysco and US Foods puts a similar merger of office-supply giants Staples and Office Depot in serious jeopardy, says the American Postal Workers Union (APWU). âThe Federal Trade Commission made a very strong case against the Sysco/US Foods merger,â said APWU…
By Diane Alter – July 1, 2015 Judge Amit Mehtaâs preliminary injunction blocking the planned merger of Sysco Corp. and US Foods, the nationâs two largest broadline distributors of food and related supplies to restaurants and foodservice establishments, has given the American Postal Workers Union additional fodder in its campaign against the Staples/Office Depot merger….
By Lisa Beilfuss – May 20, 2015 Staples Inc. reported a 39% decline in first-quarter profit, as sales continued to decline and store traffic dwindled, deepening the chainâs challenges as it awaits regulatory approval for its takeover of rival Office Depot Inc. Shares fell 1.9% in morning trading. Year-to-date, shares have dropped 11.7%. Chief Executive…
February 4, 2015 UPDATE: The American Postal Workers Union says it “will vigorously opposeâ the “monopolistic and unlawful” Staples-Office Depot merger before the U.S. Department of Justice and the Federal Trade Commission. The union says in a statement that the U.S. Postal Service “plans to transfer USPS work to Staples in order to reduce employment…
