Screen Shot 2023 11 20 at 2.15.33 PMWill Paragon pull
plug on ODSPOT?

Depot, Spicers, OfficeTeam in
terminal decline. Burnt out?

Office Depot UK, Spicers & OfficeTeam (ODSPOT) were merged into a toxic mix called OTGroup by owner Paragon. Gross sales were £180m in 2022 recording losses of £20m. We understand sales are now below £100m, with reports of dire stock availability, caused by slow payment of suppliers. The big question: when will the owners wind it up? Later today

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