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Office Depot Slump Reflects Larger Services Transition Challenge

April 5, 2019

Office supply retailer blames disappointing earnings on lower-than-expected performance by CompuCom

Office Depot took a big hit yesterday when it reported significantly lower-than-expected earnings due, in large part, to a slump in earnings through its managed services division, CompuCom. The earnings slump, however, is only part of the larger challenge facing Office Depot as it tries to pivot from an office supply retailer to a technology service provider.