Office Depot’s emphasis on product innovation and expanded services helped push its second-quarter revenue and profits beyond Wall Street expectations. Under CEO Gerry Smith, who took over the company late last year, the Boca Raton, Florida, chain is attempting to expand beyond selling office supplies to become a one-stop shop for businesses. Office Depot is maneuvering itself to provide services ranging from technology consulting and installation, to logo design. …read more
Source:: Yahoo Finance
