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Office Products Industry News

At Perry Office Plus, we follow our competitors and colleagues closely to make sure we stay on the leading edge. This page is intended to provide some background on our industry, offer explanations of things that are changing, and help those who are not yet our customers understand why buying from independent office products dealers is such a good idea.

The magnifying glass symbol indicates a story with information
on the investigation(s) of the companies mentioned.

Office Depot shareholders vote in favor of Staples offer
June 19, 2015

With 6,000 new warehouse jobs, what is Amazon really delivering?
June 17, 2015

Office Depot shareholder lawsuits dismissed in Palm Beach County
June 8, 2015

Office Depot to pay $3.4 million to settle charges over faulty chairs
May 27, 2015

AIG Says Office Depot Can't Seek $15M Coverage Of FCA Suit
May 19, 2015

Office Depot changed bylaws to discourage lawsuits over Staples merger, lawyers say
April 3, 2015

Office Depot CEO May Get $47 Million Following Staples Purchase
March 24, 2015

Office Depot-Staples merger could affect real estate market
March 20, 2015

One-way ticket for OfficeMax employees who moved to Office Depot headquarters
March 12, 2015

Postal union urges FTC to nix Staples-Office Depot deal
March 10, 2015

Staples buys Office Depot for $6B
Feb 4, 2015

Staples Investigates Potential Data Breach In The Northeast
Oct 20, 2014

Office Depot to Eliminate About 1,100 Jobs in European Division
Oct 16, 2014

Office Depot Closing 400 Stores Following OfficeMax Merger
May 6, 2014

Teachers, postal workers weigh Staples boycott
July 3, 2014

Hawaii fines OfficeMax for bottle deposit violations
June 26, 2014

Staples, Inc. Misses Expectations Due to Online Competition and Industry Merger Results
June 17, 2014

Office Depot lawsuit set for mediation
June 3, 2014

Staples Shareholders Reject Executive Pay Practices
June 2, 2014

Auditor’s Report: Office Depot Overcharged City of Dallas by $3.6 Million (PDF)
February 28, 2014

Office Depot Closing 400 Stores Following OfficeMax Merger
May 6, 2014

OfficeMax Profit Plunges On Store Closure Charges
May 1, 2012

Office Depot reports profit for first quarter while continuing to lose sales
May 1, 2012

Houston auditing Office Depot for possible overcharges
March 12, 2012

Man of large stature sues OfficeMax for $468,000 after chair breaks
February 10, 2012

Seattle to re-examine Office Depot contract?
December 10, 2011

City of Houston may audit Office Depot contract
October 14, 2011

Office Depot continues to contract
September 13, 2011

NOPA Applauds Dallas County Auditor for Examination of Office Depot Contract Compliance
August 31, 2011

Dallas County auditor says Office Depot owes $1.7 million for overcharges
August 30, 2011

Office Depot receives incentives to establish calls center in Texas, despite fraud investigations
July 29, 2011

Office Depot to outsource jobs to Guatemala, India
June 27, 2011

NOPA Challenges Disparaging Comment of Office Depot CEO Aimed at Independent Dealers
June 27, 2011

OfficeMax Stock Hits New 52-Week Low
June 10, 2011

Office Depot stock hits 52-week low
June 10, 2011

Office Depot to pay Colorado $412000 following investigation into overbilling
June 6, 2011

Office Depot revolving credit line cut to $1B
May 26, 2011

Office Depot boss to earn $1.1 million a year
May 25, 2011

OfficeMax profit plummets as revenue shrinks
April 28, 2011

Office Depot Swings To 1Q Loss As Sales Drop
April 26, 2011

OfficeMax hires a former Wal-Mart executive as president of retail
April 22, 2011

Another Office Depot executive departs
April 22, 2011

Office Depot to shut down remaining Canadian stores
April 15, 2011

Office Depot to downsize stores
April 13, 2011

Minority Courier Service Accuses OfficeMax of $17.6 Million DBE Contract Fraud
April 4, 2011

Office Depot CEO departed with $11 million severance
March 11, 2011

Office Depot: Senior VP David Grove Terminated
March 8, 2011

Office Depot Overcharge Scandal Ends With $4.25 Million Settlement
March 8, 2011

Justice Department Investigating Pricing Practices Related to Office Depot Contract Available to State and Local Governments
February 23, 2011

Office Depot sends check for almost $60,000 to City of Clearwater, Florida for overcharges
January 14, 2011

San Francisco reaches tentative $4.25M settlement for alleged Office Depot overcharges
December 16, 2010

Office Depot sells Japan business to Kakuyasu
December 16, 2010

Netflix Up 5%: Replaces Office Depot In S&P 500
December 9, 2010

Office Depot CEO to Resign
October 26, 2010

Independent Office Products Dealers Awarded National Office Supplies Contract for U.S. Communities Program
August 31, 2010

Audit Finds Office Depot Overcharges
August 10, 2010

Office Depot closer to settling SEC probe
August 2, 2010

Ad watchdog faults office stores for complex 'free' offers
June 22, 2010

Study: SCF Arizona’s ‘buy local’ attitude leads to $528M economic impact
June 8, 2010

Office Depot to Pay Restitution in Missouri
May 1, 2010

New Report Charges Staples with ‘Overcharging and Mispricing’ on Georgia State Office Supplies Contract
February 9, 2010

Lee County Schools Axe Office Depot Contract
January 26, 2010

Office Depot's legal woes spread to other states
July 30, 2009

Dallas Morning News: Texas Investigating Office Depot Overcharges
April 20, 2009

City of Berkeley, CA Finds $250,000 in Office Depot Overages
March 19, 2009

Office Depot to Close 126 Stores
December 15, 2009

The Numbers Don’t Lie

Studies indicate that buying from local independent businesses creates three times the local economic impact than shopping at chains.

A 2002 Economic Impact Analysis in Austin, Texas, was one of the first major studies to examine the impact of shopping at local businesses versus national chains. It found that, for every $100 spent at a local bookstore or CD store, $45 stayed in the local economy. For every $100 spent at Borders, however, the local economic impact was only $13.

A study in Maine the following year yielded similar results: Shopping locally kept three times more money in the local economy than shopping at chains. The Institute for Local Self-Reliance found that only 14 cents of a dollar spent at big-box store remains in the state's economy.

In contrast, the study found that independent retailers spend more than half their revenue locally. They bank at local banks, hire local accountants, advertise in local media, and require many other local services that chains do not. For mid-sized and smaller cities especially, this is a vital source of economic activity and jobs that pay a middle-class income.

Go back to our Buy Local page>

More Resources:

Office Depot State Contract Watch List