OFFICEMAX PARTNERS WITH SAFEWAY SUPERMARKETS

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OFFICEMAX PARTNERS WITH SAFEWAY SUPERMARKETS

 user 2008-11-24 at 11:12:06 am Views: 58
  • #20612

    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.