Alibaba, Office Depot announce partnership aimed at small-business opportunities

Started by rcjordan, March 04, 2019, 03:19:52 PM

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rcjordan


Mackin USA

Mr. Mackin

littleman


rcjordan

QuoteOffice Depot, like many brick and mortar companies in the age of Amazon, is struggling. Its stock price has fallen from around $9.50 in March 2015 to $3.50 today and its sales have shrunk from $15.5 billion in 2007 to $11 billion last year. The partnership with Alibaba is a play to stay relevant with a service offering for its customers as its traditional retailing business falters

Alibaba's steady march into the U.S.
https://www.axios.com/alibaba-office-depot-partnership-amazon-7f493e74-7b85-45a6-ae00-1bb4d6a1d390.html

Drastic

I don't think it's a last gasp but does seem desperate. They will deliver stuff in 2 days for free now and something else I forget I noticed they were improving to compete with amazon.

The price we just paid for a set of conf room chairs delivered though, seems like last gasp territory.