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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Steve203 🐝 HONORARY
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Number: of 4460 
Subject: "taking care of business"
Date: 11/01/25 10:07 AM
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This one flew entirely under my radar. As some here may know, after leaving Radio Shack, I worked for Office Depot, until the company decided they didn't want a Steelcase dealership, and everyone in my department was laid off, at the end of 99.

For the last 25 years, Office Depot has been described as a "troubled company", and appeared on several lists of "retailers that could vanish in the next year".

In late September, Depot was bought by a private equity company. As we have seen before, PE is often the kiss of death for companies. But I'm sure the Depot honchos will pocket a handsome "change of control" payout, and that's all they care about.

Office Depot parent to be acquired by Atlas Holdings for $1 billion

reuters.com - Office depot parent be acquired by atlas holdings billion

I am compiling quite a record. The pump seal company circled the drain, until it was bought by one of it's pump company customers. Radio Shack went BK in 2015. Workplace Integrators, where I went after being laid off from Depot, went out of business in early 2006.

A look back, at the go-go days of Depot, in the early 90s, when management thought all they had to do to increase revenue and profits, was build more stores. The store I worked in looked very much like the one in the ad. I wore out my OD shirts some years ago, but still wear my OD sweatshirt around the house.

Office Depot Commercial circa 1991

YouTube: Office Depot Commercial circa 1991 (Bob Sands Videos)

Steve
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