Could North Druid Hills be too small for Office Depot and OfficeMax?
We could find out as soon as this week.
The two national office supply retailers may merge this week, according to The Huffington Post.
From the Post report:
The deal is not yet done, and talks could still fall apart, the [Wall Street] Journal reported. An announcement could come as early as this week, the Journal added, citing the sources.
A spokesperson for each company could not be reached for immediate comment.
The office-supply retailers have been hit hard by competition from online retailers and other retailers such as Costco and Wal-Mart, the Journal said. A merger could lead to consolidation of stores and workforce, as many of the stores are located within the same shopping centers, the Journal said.
Read the full report for more information.
Office Depot has two location in the North Druid Hills-Briarcliff area: one in Toco Hill Shopping Center and another in Northlake. OfficeMax's sole local location is in Loehmann's Plaza off Briarcliff Road.