Office Depot 4Q Profit Drops
Del Ray Beach, Fla. Office Depot announced Tuesday that its fiscal fourth-quarter profit fell 85% as sales in North America slipped and last year’s period benefited from a gain from the sale of a building.
Earnings fell to $18.8 million, compared with $126.6 million a year earlier. The company said revenue rose 1% to $3.87 billion from $3.84 billion in the previous year. North American retail sales fell 3%.
Family Dollar names human resources head
MATTHEWS, N.C. Family Dollar Stores today announced that Bryan Venberg has been named to the position of senior vp of human resources. Venberg will report to Howard Levine, chairman of the board and ceo.
Prior to joining Family Dollar, Venberg served as senior vp of operations of customer service and human resources with ShopNBC. He has held similar positions with Target, as well as with Marshall Fields.
Staples to offer free tax return copies
FRAMINGHAM, Mass. Staples announced today that it will be offering its customers free copies of their 2007 tax returns. On April 15, Staples Copy & Print Centers nationwide will provide free copies, up to 20 pages, of 2007 tax returns.
“We have all become so comfortable storing and sending data electronically, that many people are not keeping hard copies of important documents,” said John Burke, senior vp of business services at Staples. “Nothing is easier to access and more reliable than a paper copy of your taxes, which is why Staples is offering free copies of tax returns.”