From the WSJ (I’d link the article but if you don’t subscribe, you can’t get through their paywall).
Staples Inc. is exploring a sale, less than a year after its effort to merge with rival retailer Office Depot Inc. failed on antitrust grounds.
The Framingham, Mass., office-supplies seller is in talks with a small number of possible private-equity bidders, according to people familiar with the matter. The talks are early and it is possible they won’t lead to a deal, the people cautioned.
I rarely go into Staples anymore. Do you? I mean, reams of paper are at grocery stores and CVS now. Same with pens. No one is buying a new laptop or printer every six months and calendars, well, I bet I’m one of only a handful of people who even still uses a paper calendar.
The last Staples I was in was in Wilmington because my mom DID need a new printer. We were the only ones in the place, a sea of red-shirted employees rushed to greet us, asking us if we needed help. Well, that’s better than being at Home Depot, needing help, and not finding a soul, so for that, I give Staples some credit.
But Staples is a business that just doesn’t get the masses anymore. I can order everything I want online at Amazon and have it in two days so why schlep to brick and mortar Staples? I do know that you can order online at Staples and get fast delivery so they are trying to compete with Amazon, but when the entire business model is archaic, no amount of merging is going to save Staples. By bye Staples. Nice knowing ya.
In other news, the blog seems to be back up and running although it took conversations with Go Daddy, WordPress and Chrome. Like Democrats, no one wanted to take responsibility for the breakdown so when all else fails, I turned the computer off, waited twelve hours, and voila.
To reader spqr2, I asked WordPress why you saw the Private Blog. They searched and saw at no time did I choose to go private (even accidentally) so I have no answer. Sorry, only glad you didn’t give up. Thanks.
And in even more exciting news, Andrea Mitchell is going to interview Susan Rice at 12 noon today. Here’s a sample of the questions I expect from Mitchell:
- How much do you hate that Hillary lost and now you are getting caught?
- Did Obama or Hillary put you up to this?
- What did you have for breakfast today?
- Did you get your free Ben and Jerry’s ice cream cone?