Is the top brass barking up the wrong tree-again?

This article states how there are many options for Staples salvation, and a PE firm may be the least optimal. Once again the ones at the top are making all the wrong decisions. We have seen it before with hires at the C level and guiding the company in a way that hurts most everyone but those at the top. Who knows how this will go. It will be interesting or a great case analysis of how not to manage out of a failing industry. What will make Staples hip again? Maybe no Staples at all.

https://www.fool.com/investing/2017/04/12/staples-is-for-sale-but-is-it-talking-to-the-wrong.aspx

Comment! It's anonymous!

3 replies (most recent on top)

No matter how you spread the egg salad....IT STILL STINKS LIKE EGG SALAD! Any sale to any private equity firm will result it what you said, sell offs, stripping the retail end to shreds and any people that work for this company NOW or in the FUTURE are crazy. They don't care about you. Have a personal experience but will not share but if you are out for any reason you never hear from HR, your RVP, your DM, just to see how you are doing. THEY DO NOT CARE PERIOD.

The article fails to mention a likely scenario where P/E buys Staples and sells off parts of the company under less Government regulatoratory oversight then if it was broken up and sold as a public company.

They would most likely sell the profitably part - NAD to Amazon, Target, Costco then squeeze retail dry while they divest in any assets - trucks, real estate etc

Majority shareholders, the BoD and the C-level execs will carve out the best deal for themselves, everyone else is screwed.

Thread regarding Staples Inc. layoffs

Is the top brass barking up the wrong tree-again?

3 replies (most recent on top)

Post a reply