USPS OIG Blog: Approved Shipper Approval

If you want to expand your business by partnering with someone to sell your products or services in another location, you’d want that person to represent you appropriately and abide by your practices, right? In short, you’d want your partner to uphold your brand. The U.S. Postal Service isn’t any different. Through its Approved Shipper…

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USPS OIG Report: Approved Shippers Pricing and Customer Service

Background The Approved Shipper Program is a component of the Approved Postal Provider® Program, which gives U.S. Postal Service customers expanded access to Postal Service offerings, such as mailing packages and letters, at non-postal locations. In fiscal year (FY) 2015, the Postal Service generated [redacted] from the Approved Shipper Program. As of October 2015, there…

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APWU: FTC to Challenge Merger of Staples, Office Depot

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 nation’s largest and second-largest office-supply chains. The agency filed an “administrative complaint” charging that Staples’ proposed $6.3 billion takeover of Office Depot would violate the nation’s…

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Failed Sysco/US Foods Merger Puts Staples/Office Depot Deal In ‘Serious Jeopardy,’ Says APWU

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). “The Federal Trade Commission made a very strong case against the Sysco/US Foods merger,” said APWU…

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Postal worker union files report opposing Staples, Office Depot merger

By Taryn Luna – May 27, 2015 A union representing postal workers has urged federal regulators to block a proposed $6.3 billion merger of Staples Inc. and Office Depot Inc. The American Postal Workers Union said it sent the Federal Trade Commission and other government authorities a 24-page report Tuesday, contending that a merger of…

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Staples Reports 39% Decline in First-Quarter Profit

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 chain’s 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…

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1,000 stores likely to close, as Staples buys Office Depot

February 4, 2015 UPDATE: The American Postal Workers Union says it “will vigorously oppose” 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…

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Staples to buy Office Depot – There’s about to be one game in town when it comes to office supplies.

Staples (SPLS) announced Wednesday it intends to buy rival Office Depot (ODP) in a $6.3 billion deal, betting that the key to higher profits is operating on an even larger scale. That’s the same calculation Office Depot made not long ago, when it bought OfficeMax. “Office Depot will make Staples bigger, and most importantly, we…

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