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From the Blogosphere
Staples beats analysts in Q1, but tough economy causes decline in comps
Filed under: Earnings reports, Office Depot (ODP), OfficeMax Inc (OMX), Staples Inc (SPLS)  Staples (NASDAQ: SPLS) issued its Q1 report on Wednesday. Call me unimpressed. It beat earnings estimates by a penny, coming in at 22 cents on an adjusted basis. Sure, that's what investors want to see. They want the bottom line to go beyond expectations.
<>But there isn't a lot of excitement to be had with the Staples story. According to the press release, that 22-cent figure represented a decline of 27% in per-share profit. Furthermore, there's weakness in terms of same-store sales. In the North Americ...
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More retailers creating smaller concept stores to sidestep the recession
Notable Analyst Rating Changes 4/13: AKS, OMX, CRM, LULU Upgraded; WFC, EBAY, PH, WYNN, COF, ALV Downgraded
UPGRADES:Goldman Sachs upgrades AK Steel Holding Corp. (NYSE: AKS) from Neutral to Buy with a $12 price target. Click here for more color on the upgrade.Goldman Sachs upgrades OfficeMax Inc. (NYSE: OMX) from Neutral to Buy, saying the company will benefit from an improving economy and weaker competition.UBS upgrades Salesforce.com (NYSE: CRM) from Sell to Buy with a $44 price target. William Blair & Co upgrades lululemon athletica (Nasdaq: LULU) from Market Perform to Outperform. For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:Keefe, Bruyette & Woods down...
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Earnings preview: Will Staples have a good day at the office this week?
Filed under: Earnings reports, Forecasts, Office Depot (ODP), OfficeMax Inc (OMX), Staples Inc (SPLS)  Staples (NASDAQ: SPLS), whose colleagues include Office Depot (NYSE: ODP) and OfficeMax (NYSE: OMX), is set to report earnings for the fourth quarter on Wednesday, March 11. The famous seller of office supplies has seen its stock go from a 52-week high of $26.57 all the way down to a 52-week low of $13.57.
<>Actually, that's one of the better ranges I've seen! Goes to show how bad things are out there. Staples saw its shares close at $14.63 on Monday, so a beat on the bottom line could really ...
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The week in preview: A glimmer at the end of the tunnel?
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The Big Box Battle: Dogs or Discounts?
- There has been been some great battles in recent years between big box stores. Winners like Walmart, Best Buy and losers like Kmart and Ultimate Elect...
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About OfficeMax Inc
- Answers.com
With the recession still in full swing these days, retailers continue to try and entice consumers into stores with discounts, special programs and new and improved gimmicks to ensure sales don't decline to drastically. So, in that sense, does it sound logical that some retailers are actually opening new stores? In some ways this may actually make sense, as long as you still to small, efficient and highly profitable.
Among all the negative economic data that came out last week was a positive surprise: 
