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Soft Sales, OfficeMax Cuts Outlook
Posted on September 08, 2011 at 18:05 PM EDT
Challenging macroeconomic conditions are making life tough for office supplies retailers such as OfficeMax Inc. (NYSE:OMX), Office Depot Inc. (NYSE:ODP) and Staples Inc. (NASDAQ:SPLS) who are grappling with soft demand for big-ticket items such as business machines and other durable products. Recently, OfficeMax lowered its third-quarter 2011 sales outlook in the backdrop of sluggish back-to-school [...]

Challenging macroeconomic conditions are making life tough for office supplies retailers such as OfficeMax Inc. (NYSE:OMX), Office Depot Inc. (NYSE:ODP) and Staples Inc. (NASDAQ:SPLS) who are grappling with soft demand for big-ticket items such as business machines and other durable products.
Recently, OfficeMax lowered its third-quarter 2011 sales outlook in the backdrop of sluggish back-to-school sales and soft technology demand. Consequently, the company is repositioning itself to keep afloat in a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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