OFFICEMAX PARTNERS WITH SAFEWAY SUPERMARKETS

[Anonymous]

http://www.reuters.com/article/marketsNews/idUSN1046802720081110
OfficeMax partners with Safeway supermarkets
Nov 
2008 NEW YORK – OfficeMax  will sell around 300 of its products in
grocery stores operated by Safeway , the office supply retailer
announced on Monday.Safeway, whose chains include Safeway, Vons and
Dominick’s, began carrying OfficeMax products such as pens and paper in
July in 1,600 of its stores in the Western, Southwestern, Rocky
Mountain, Midwestern and Mid-Atlantic regions of the U.S., OfficeMax
said in a release.

OfficeMax has been looking for new venues to
sell its products following a slowdown in spending by its small
business and retail customers, as the financial crisis takes a
particular toll on furnishings and office supply retailers.OfficeMax
reported a large quarterly loss last week and predicted significant
sales declines throughout the rest of the year as small business
customers continue to slash spending, hurt by declining housing values,
a credit crunch and concerns about job security.

[Author]

November 24, 2008 at 11:12 AM