Shop Talk

Retailers, consumers and prices

Check Out Line: No Easy button for OfficeMax

February 18, 2009

Check out OfficeMax probably wishing it had one of those Easy buttons that rival Staples is always talking about.OFFICEMAX/

The office supplies retailer reported a fourth-quarter loss, compared with a profit a year ago. Excluding items, it reported adjusted earnings that missed Wall Street estimates by 16 cents per share.

OfficeMax, which has suspended its dividend and cut staff in an effort to reduce spending, also said it expects sales to decline in 2009 due to the difficult economic environment.

Also in the basket:

Wal-Mart slashing price on its prepaid MoneyCard

Puma omits 2009 outlook after weak Q4

Loblaw profit jumps, but bracing for tough times

Reality TV fashion stars find rough road to runway

Americans’ Standard of Living Permanently Changed (tech ticker)

(Photo: Reuters)

Comments

I wanted to buy a floor protector and took one from a bin that had 29.99 on it. There were 3 left. When I got to the check out I found it to be 80.00. I asked the check out person to come back and see what I had seen on the display. She was unwilling to do so. Office Max lost me as a customer.

 

Hard to imagine that if there’s only 3 in the spot that it could have been put there by anyone with two working arms. People need to learn how to read a price label.

 

p.s. It’s called a chairmat.

 

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •