November 16, 2012
With earnings right about in line with expectations today for Staples (Nasdaq: SPLS ) , the second largest Internet retailer behind Amazon (Nasdaq: AMZN ) , many were left wondering, what is it that has Staples shares up about 3% today? In this video, Motley Fool Consumer Goods Analyst Blake Bos points to a few major changes within the company that may have driven the spike, such as big restructuring changes, big rebranding changes in Europe and Australia, and an increased focus on the company's online presence rather than its brick and mortar locations. He closes by suggesting a play for investors who have a position in Staples right now.
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