Who is staples biggest competitor

The numbers look even more impressive compared with Staples' primary competitors, who reported middling-to-poor earnings earlier this summer. Yet it had to reduce its full-year sales forecast from a projected gain to a possible reduction in revenue.

Retail sales, nearly half of OfficeMax' revenue, declined 0. The stock fell nearly 13 per cent on the Aug. Office Depot reported yet another quarterly loss, albeit smaller and better than analysts' expectations; it was the company's eighth loss in the last nine quarters. Retail sales fell 2 per cent overall and 1 per cent on a same-store sales basis. North American business sales dropped 6 per cent. The stock has fallen 14 per cent since the July 27 earnings report.

Worse, Office Depot has been beleaguered by regulatory problems: an investigation by the Securities and Exchange Commission about fair-disclosure rules violations, and allegations of overcharging various government customers.

The difficulties encountered by OfficeMax and Office Depot are part of a longer-term trend in which Staples has become both the biggest and best operator of the three. Analysts also question how the merger would exactly provide a better experience for consumers. As book publishers scramble to meet shoppers' demand this holiday season, subscription book clubs are positioning themselves as an alternative gift.

Book of the Month, which has seen major growth during the past two years, is counting on consumers looking for convenient gift-giving this year. Recent acquisitions signal a philosophical shift across the retail sector. Whereas many retailers -- including American Eagle -- used to be comfortable outsourcing their logistics operations to third-party companies, as supply chain disruptions threatens to put them on the sidelines, now they are increasingly trying to bring those operations in-house.

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Office Depot. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Other Ticker:. Staples Inc's Competitiveness. SPLS Sales vs. Comparing the results to its competitors, Staples Inc reported Total Revenue decrease in the 1 quarter year on year by Revenue Growth Comparisons. Net Income Comparison. Staples Inc recorded net loss and most of company's competitors saw decline in earnings by