Office24 Solutions files for bankruptcy

Office24 Solutions files for bankruptcy

Spanish office supplier collapses after failing to repay pandemic loans. Office24 Solutions S.L., a Spanish online retailer of office and school supplies, has filed for bankruptcy, with the Mercantile Court No. 11 admitting the proceedings and appointing FPF as the...
123inkt.nl to acquire Staples Benelux

123inkt.nl to acquire Staples Benelux

123inkt.nl has reached agreement on the acquisition of Staples Benelux. The company called it a “strategic acquisition”, saying that the strategic acquisition enriches 123inkt.nl’s knowledge in the office supplies market, allowing the organisation to take the...
Bankruptcy to conceal fraud?

Bankruptcy to conceal fraud?

A US businessman has been accused by a credit card processing company of hiding his fraudulent toner cartridge activities by filing for Chapter 11 bankruptcy protection. In April, David Reich from Veteran Toner filed for Chapter 11 bankruptcy protection, declaring...
Suppliers give Sears the cold shoulder

Suppliers give Sears the cold shoulder

Sears has been receiving vehement objections from many of its suppliers, including Clover Technologies, regarding its intention to liquidate over 140 stores. As RETAILDIVE reports, these suppliers stated that “Sears’ plans for going out of business sales don’t offer...