The big-box retailer is Office 2010 to reinvent itself as a service-driven retailer. With retail sales improving in March and April, Newman said he is "cautiously optimistic" the positive trend would continue. Still, the small business sector Microsoft Office 2010 is still a concern, Austrian said. "When you look at consumer surveys, there's not a lot of optimism," he said. "We've not seen small businesses starting to hire, which would give us optimism."
The global office supply business, based in Boca Raton, posted sales a decrease of 3 percent, compared with the first quarter of 2010.
First-quarter results included in charges for office professional plus 2010 restructuring. Office Depot's CFO said in the conference call the company would take in restructuring charges for the year.
Some charges will be severance, Newman Download Office 2010 said, indicating layoffs in finance and possibly others at the Boca Raton headquarters, and its international division. "We're in the process of looking at that right now this is a business that has weathered a tough downturn," Newman said in the interview.
Office Depot's North American retail store sales fell 2 percent to compared with the same period last year. Same store sales 1,115 stores that have been open more than a year in the United States and MS Office 2010 Canada fell 1 percent in the quarter. The company opened one store and closed seven during the quarter. Four stores were remodeled to Office Depot's new smaller-store format.