Investors woke up Wednesday to news that Staples has agreed to purchase Office Depot in a massive $6.3 billion deal, which would include cash and stock. If the merger is approved, it would unite the two largest office supply retailers in the United States. The proposal, one that … [Read more...]
Brick and mortar stores close down as online shopping continues to grow
This week, a few more traditional brick-and-mortar chain stores announced that they would be shutting down additional outlets. What was once the beacon of American capitalism and free markets since the mid-20th century has now transformed into heightened competitive 21st century … [Read more...]
