Office Depot Overcharging?
In the midst of a recession that has hit business and consumer spending especially hard, it may not be so surprising that retailer Office Depot is having a rough go of things: The No. 2 office-supplies chain lost money in each of the past five quarters and is expected to lose $96 million this year. [...]
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about 1 year ago
Thank you, Michael for posting your comment. Yes – it is astonishing what some of the CEO’s are getting paid. Compare their compensation to the salaries of teachers and nurses – and others who are actually doing some good in the world!
about 1 year ago
When customers/prospects say they prefer Office Depot, if the situation is appropriate, I tell them all the money they are spending is going straight to the CEO’s pocket……..and I just want to pay my electric bill on time!
As per Hoovers online:
Chairman and CEO Steve Odland
Age 51, $1,000,000 salary, $9,361,424 total compensation
about 1 year ago
The Office Depot situation proves that the perception of discount stores providing the lowest-priced products is not always true.