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Today In Retail: EVgo Attains 250,000+ Customers On Charging Network; TrueCar, Roadster Collaborate To Help Car Shoppers Finalize Deals

In today’s top retail news, EVgo announced that it has reached more than a quarter of a million customers on its charging network throughout the country, while TrueCar has rolled out an experimental effort with Roadster. Plus, Office Depot says it is splitting its business-to-business (B2B) arm from its chain of physical retail stores. EVgo Reaches 250,000+ Customers On Its Charging Network Nationwide EVgo announced that it has...

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Today In B2B: Brex Pursues Bank Charter; Office Depot Bolsters B2B Strategy

Today in B2B payments, Office Depot strengthens its B2B eCommerce strategy with an acquisition, while Brex pursues a bank charter. Plus, Walmart Canada goes on the defensive over supplier fees, humm launches buy now, pay later for small businesses, and BCB Group rolls out a solution for treasurers to embrace crypto. Office Depot Parent Buys BuyerQuest To Bolster B2B Strategy The ODP Corporation, corporate parent of Office Depot and...

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Staples offers to buy Office Depot parent company in $2.1 billion deal

Staples offered to buy the parent of Office Depot in a deal valuing the company at $2.1 billion, the latest attempt to consolidate the office-products space to better compete against online retailers. Closely held Staples, under the corporate name USR Parent Inc., said it sent a letter to ODP Corp. laying out a plan to buy the company for $40 per share in cash. That’s 8.2% above Friday’s close, and Staples said it represents a 61%...

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FTC Fines Office Depot; Refunds Consumers For Virus Scam

The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them to buy unnecessary computer repair products, according to a report. The FTC ruled that Office Depot should pay $25 million and that the software company, Support.com, would pay $10 million as part of a 2019 settlement. “Consumers have a hard enough time protecting their computers from...