{"id":677,"date":"2009-07-28T14:05:23","date_gmt":"2009-07-28T19:05:23","guid":{"rendered":"https:\/\/www.ontimesupplies.com\/blog\/?p=677"},"modified":"2022-08-17T16:05:16","modified_gmt":"2022-08-17T21:05:16","slug":"blurb-office-depot-reports-record-q2-losses","status":"publish","type":"post","link":"https:\/\/www.ontimesupplies.com\/blog\/blurb-office-depot-reports-record-q2-losses\/","title":{"rendered":"Blurb: Office Depot Reports Record Q2 Losses"},"content":{"rendered":"<p>From <a href=\"https:\/\/www.rttnews.com\/story.aspx?Id=1018462\">RTTNews.com:<\/a><\/p>\n<blockquote><p>Tuesday, office supplies retailer Office Depot Inc. (ODP: <a style=\"text-decoration: none;\" href=\"https:\/\/www.rttnews.com\/SymbolSearch.aspx?Symbol=ODP\"> News <\/a>) reported a wider net loss in its second quarter, hurt by higher charges as well as double-digit sales fall in all regions. On an adjusted basis, the Boca Raton, Florida- based company slipped to a wider-than-expected loss, and top line, with a 22% decline, missed Street view. North American Retail Division&#8217;s comparable store sales in the quarter decreased 18%.<\/p>\n<p>Second-quarter net loss was $82.864 million, compared to last year&#8217;s net loss of $2.629 million.<\/p><\/blockquote>\n<p>Now we sit back and wait for them to blame the economic downturn or sluggish Back-to-School sales, even though <a href=\"https:\/\/www.ontimesupplies.com\">certain other companies<\/a> that aren&#8217;t lying all the freaking time are doing just fine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday, office supplies retailer Office Depot Inc. reported a wider net loss in its second quarter, hurt by higher charges as well as double-digit sales fall in all regions. <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[133,11],"tags":[],"class_list":["post-677","post","type-post","status-publish","format-standard","hentry","category-big-box-news","category-government-purchasing"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/posts\/677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/comments?post=677"}],"version-history":[{"count":1,"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/posts\/677\/revisions"}],"predecessor-version":[{"id":7364,"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/posts\/677\/revisions\/7364"}],"wp:attachment":[{"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/media?parent=677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/categories?post=677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ontimesupplies.com\/blog\/wp-json\/wp\/v2\/tags?post=677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}