WSJ: OfficeMax, Office Depot in merger talks
The newspaper, citing unidentified people familiar with the matter, said yesterday that talks are at an advanced stage, and an announcement could come as early as this week.
Representatives of both companies declined to comment.
The office supply business is very competitive. Staples is a big player, along with Amazon and big discount stores such as Costco and Wal-Mart.
Boca Raton, Fla.-based Office Depot has about 1,675 stores worldwide, mostly in the U.S. and Canada. OfficeMax, based in Naperville, Ill., has about 900 stores in the U.S. and Mexico. If the two companies merged, they could close stores that compete against each other, as well as reduce costs.
Kraft mulls expanding Granite City plant
The Suburban Journals of Greater St. Louis reports that the move would add 30 jobs to the 660,000 square foot plant and warehouse. The facilities now have more than 400 workers. The plant produces Capri Sun and Kool-Aid beverages.
As part of the project, the Illinois Department of Transportation would provide $300,000 for the road widening. Kraft says it's needed to allow trucks to turn into the plant.
Granite City Economic Development Director Jonathan Ferry says the matter may go before the city council sometime between April and June.
The Granite City facility became part of Kraft in 1991.
Latest News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
Attorney says pot penalties being misapplied in Columbi…
COLUMBIA, Mo. (AP) - A Columbia lawyer says a local ordinance that treats marijuana possession as a municipal violation isn't being followed by Boone County sheriff's deputies patr...

Police arrest man for shooting into South St. Louis hom…
A suspect is in custody after allegedly shooting into a South St. Louis home. Police were on the scene when they saw the suspect fire several shots into a home near the intersecti...

AP: Man driving van during fatal wreck had suspended li…
ST. LOUIS (AP) - Public records show a New Jersey man behind the wheel of a van that overturned on an Illinois freeway, killing five passengers, had his driving privileges suspende...

Two carnival workers involved in fight
TROY, Mo. (AP) - One carnival worker is badly injured and another in jail following an altercation in eastern Missouri. The St. Louis Post-Dispatch reports that 25-year-old Clint ...

Air force jet clips power lines in western Missouri
WARRENSBURG, Mo. (AP) - A low-flying military jet from a western Missouri Air Force base clipped several power lines, but officials said no injuries were reported. The Springfield...

Illinois House committee approves conceal carry bill
SPRINGFIELD, Ill. (AP) - Illinois legislation allowing public possession of concealed guns has passed the House Judiciary Committee. It was a compromise backed by Speaker Michael M...

Jaime Garcia expected to miss year after surgery
SAN DIEGO (AP) — St. Louis Cardinals pitcher Jaime Garcia will have surgery on his left shoulder this week and is expected to miss the rest of the season. The Cardinals announced ...

Lyons looks sharp in MLB-debut
SAN DIEGO (AP) — Tyler Lyons pitched seven solid innings in his major league debut on the same day St. Louis lost Jaime Garcia for the season, and the Cardinals beat the San Diego ...