Office supplies

Is Amazon Hurting Staples?

It once seemed that Staples and other office supply stores were largely immune from Amazon's competition, with local advantages that the online superstore couldn't match. Now, however, Staples finds itself putting together a battle plan against Bezos & Co.

What to Watch This Week: Retailers Report; Disney's Day

Let's go over some of the items that will help shape the Wall Street week that lies ahead: A host of retailers are reporting earnings; we'll see how Disney's 24 Leap Day event plays out; a test for homemade soda; and a wake-up call for DreamWorks.

Staples's Strong Results: Economic Indicator?

Staples reported strong earnings this morning, which should be of interest even to those who own no stock in the office supply giant. The reason is obvious: Demand for desks, printers, and the like is a fairly good indicator of our economic outlook.

Staples Reports Third Quarter EPS of 40 Cents

Staples (SPLS) reported third quarter earnings of 40 cents per share, up from 37 cents a year ago. Sales rose slightly to $6.5 billion, Staples said in a statement. Sales at stores open at least one year fell 1%.

3M Reports Earnings Per Share of $1.53

Office supply maker 3M (MMM) reported third quarter earnings of $1.53 per share, up 13.3% from a year earlier. Sales rose 11 % to $6.9 billion, boosted by a strong performance in emerging markets, the company said in a statement. Emerging markets now represent 34% of the company%u2019s worldwide sales.

Staples to Carry Amazon Kindle Starting in Fall

Office retailer Staples (SPLS) will sell Amazon%u2019s (AMZN) Kindle device in its stores starting this fall. Staples will carry the Kindle, Kindle 3G and Kindle DX models of the reading device, the company said in a statement. Prices will range from $139 to $379.