Staples Buying Office Depot


This post may contain affiliate links from our advertising partners, such as American Express. Read my Advertiser Disclosure policy here.

In a bold move that will certainly have big implications on some MS and 5x earning strategies, Staples has announced they will buy rival Office Depot for $6.3 Billion.

Staples Buying Office Depot

Staples Buying Office Depot

Purchases at both Staples and Office Depot stores award certain certain credit card holders a 5x points bonus. The credit cards that offer 5x bonuses are used to purchase items ranging from everyday household items to gift cards to be used at other stores. Those points are then used to transfer to award partners (of Chase or American Express) or used to receive cash back.

The deal calls for $1 Billion in synergies so there will no doubt be store closings in certain targeted markets.

Editorial Note: Opinions, analyses, reviews or suggestions expressed on this site are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. This post was accurate at the time of posting, offer may be unavailable on this site at a later time. For details on current offers visit the card issuer’s site.

About The Weekly Flyer

The Weekly Flyer writes about travel from a business traveler perspective. He travels the world every week accumulating points and miles along the way.

Sign up for Email || Twitter || Facebook |Tips & Tricks
Hotel Offers || Airline Offers || Bank Offers || Cash Back Offers

Comments

  1. It is a reflection of the lax enforcement of antitrust laws that they would even consider attempting a merger between Staples and Office Depot.

  2. No way… Officedepot just bought Officemax, and now staples is buying office depot? That’s a monopoly if I ever saw one.

  3. A monopoly? Hardly. I buy just as much of my company’s office supplies at Amazon, target, walmart, BJ’s, local/regional retailers, and other online retailers as I do OM, OD and Staples combined.

Leave a Reply

Your email address will not be published. Required fields are marked *