4imprint Revenue Dropped 35% in 2020, Profit Down 96%

4imprint this week announced its 2020 fiscal year results. According to Morningstar, the company’s revenue was down 35% to $560 million from $860 million. Specifically in North America, revenue fell 34%, and U.K. and Ireland revenue dropped 53%. The distributor also posted a 96% drop in annual pretax profit…

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Office Depot Rejects Staples’ Latest Acquisition Offer

Office Depot parent company ODP Corp. rejected Staples’ latest acquisition offer yesterday, claiming that the offer “lacked basic deal terms including a purchase price.” Staples has been trying to purchase assets of Office Depot since 2015, when it was thwarted by the FTC…

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