https://snakeholelounge.wordpress.com/2017/10/04/office-depot-mimics-dunder-mifflin-sales-continue-to-tumble/
While the paper supply firm Dunder Mifflin from the TV show “The
Office” is fictional, the outcome for Office Depot is similar. Both
experienced declining sales in this on-line world. Office Depot said it
would close 300 more stores in the next three years to cut costs by the
end of 2018. The brand already closed 400 U.S. stores by the end of
2016.
Office Depot Inc. investors are skeptical that a technology makeover can help the chain rebound from a punishing retail slump.
Shares of the retailer suffered their worst decline in two months
after Office Depot delivered a grim forecast and announced plans to
buyCompuCom Systems Inc. for about $1 billion, giving it a platform to
sell tech services to business customers.
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