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Office Depot

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by F. Patrick Sher, Stephen Dougherty, and Jack Kopkin, who became the company's chairman and chief executive officer, the president, and executive vice president respectively. All three were formerly associated with Mr. HOW Warehouse, a home improvement company that Sher sold to
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would combine in an all-stock deal, pending regulatory approval and stockholder approval. The merger was completed on November 5, 2013. In May 2014, Office Depot announced the closure of four hundred stores, due to declining sales and customer migration to e-retailers.
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In December 2001, Viking Direct expanded to Central America with new retail stores in El Salvador, Guatemala, and Costa Rica through a joint licensing agreement. Office Depot sold Office Depot Europe (Viking Direct's parent) to an investment firm in September 2017.
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allegations that the companies tricked customers into buying millions of dollars' worth of computer repair and technical services by deceptively claiming their software had found malware symptoms on the customers' computers.
900: 1631: 1545: 1493: 1203: 1458: 1750: 1656: 1604: 727: 904: 1635: 1760: 1682:"Office Depot and Tech Support Firm Will Pay $ 35 Million to Settle FTC Allegations That They Tricked Consumers into Buying Costly Computer Repair Services" 1407:"The ODP Corporation Accelerates Digital Transformation with the Acquisition of BuyerQuest Holdings, Inc., a Recognized Leader in Procure-to-Pay Software" 982: 1681: 1553: 688:, making it the retailer's first international expansion. Office Depot then entered the European and Australian direct mail market, after acquiring 1745: 1740: 1428: 1211: 614:
sales organization. The company has combined annual sales of approximately $ 11 billion, and employs about 38,000 people in the United States.
1466: 1115: 1765: 756: 1166: 783:, with the title "Official Office Products Partner of NASCAR". In the same year, the company signed on as the primary sponsor of the #99 1141: 1063: 1304: 1278: 926: 1574: 1755: 1735: 1730: 886: 733:
In January 2017, Gerry Smith was named as the company's new CEO, effective February 27. Smith was the chief operating officer at
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granted the FTC a preliminary injunction against the merger on May 10, 2016, resulting in the proposed merger's termination.
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in 2009. In September 2012, Office Depot announced it would not renew sponsorship with Tony Stewart or Stewart-Haas Racing.
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granted their request for a preliminary injunction, blocking Office Depot and Staples from merging as one company.
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had agreed to purchase Office Depot, in a cash and stock deal worth approximately $ 6.3 billion. However, the
116: 83: 38: 1381: 833:, Inc., a California-based tech support software provider, agreed to pay a total of $ 35 million to settle 763:, in April 2008. The Boca Raton headquarters was also awarded a LEED Gold certification in September 2010. 300: 98: 654: 1436: 1093: 834: 818: 796: 723: 696: 1006: 658: 404: 397: 76: 784: 181: 421:, Technology, JanSan and Cleaning and Breakroom Furniture, Copy & Print, Shipping Services 1725: 747:
In January, 2021, Office Depot acquired enterprise procurement software provider BuyerQuest.
664: 1308: 611: 606:. The company operates 1,400 retail stores in the United States under the Office Depot and 451: 192: 123: 8: 930: 811: 802:
In December 2008, Office Depot announced that it would become the co primary sponsor for
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to sell limited edition office supplies and give 25% of earnings to the organization.
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The company's portfolio of brands includes Ativa, TUL, Foray, Realspace, and DiVOGA.
669: 44: 1523: 295: 1657:"MTV Style | Born This Way Foundation Sells Bravery Bracelets At Office Depot" 741: 700: 530: 1040:"Dow closes down more than 200 points; retail plunges, posts worst day since 2011" 1039: 418: 248: 684:. In 1995, Office Depot entered the Mexican marketplace in a joint venture with 573: 434: 274: 960: 680:
In April 1991, it merged with Office Club, which provided an expansion to the
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In 1997, Office Depot and Staples attempted a merger. On July 18, 1997, the
622: 847: 803: 792: 901:"Office Depot, Inc. Announces Appointment of New Chief Financial Officer" 830: 1279:"FTC has no interest in allowing Staples' acquisition of Office Depot/" 650: 564: 486: 1609: 807: 711: 607: 569: 430: 1233: 983:"1986 Flashback: The birth of Office Depot in Lauderdale Lakes Mall" 65: 1305:"Staples, Office Depot scrap merger deal after judge rules for FTC" 1409:(Press release). ODP Corporation. Business Wire. February 18, 2021 188: 744:
in 2017 to position the company to provide technology services.
1708: 780: 734: 291: 903:(Press release). Office Depot. January 3, 2018. Archived from 366:
960 retail locations; 9,000+ business customers; supply chain
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On February 20, 2013, it was announced that Office Depot and
508: 1116:"Viking Direct Enters Spanish E-Commerce and Catalog Market" 1167:"Office Depot, OfficeMax to Merge to Compete With Staples" 879:"The ODP Corporation, Inc. 2022 Annual Report (Form 10-K)" 1684:(Press release). Federal Trade Commission. March 27, 2019 1357:"Office Depot names Lenovo executive Gerry Smith new CEO" 728:
United States District Court for the District of Columbia
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Companies formerly listed on the New York Stock Exchange
1459:"Office Depot's Florida HQ gets LEED-Gold certification" 1256:"FTC votes to block Staples merger with Office Depot" 1605:"Tony Stewart loses Office Depot as primary sponsor" 657:, opened in October 1986. The company announced its 795:. They sponsored Edwards until the end of the 2008 90:. Unsourced material may be challenged and removed. 817:In November 2012, Office Depot partnered with the 779:In January 2005, Office Depot became a partner of 1234:"Office Depot to close 400 US stores, posts loss" 1187: 718:On February 4, 2015, it was announced that rival 1717: 1064:"Office Club merger into Office Depot completed" 726:voted to block the merger in December 2015. The 699:(FTC) reported that a federal district court in 1429:"Office Depot receives LEED Gold Certification" 1142:"Up to 100 staff to lose jobs at Viking Direct" 929:. Office Depot. July 17, 2018. Archived from 740:Office Depot bought technology services firm 633:Office Depot was founded in October 1986 1761:Office supply retailers of the United States 1204:"Office Depot and OfficeMax Complete Merger" 750: 1659:. Style.mtv.com. 2012-07-16. Archived from 1332:"Office Depot names Gerry Smith as new CEO" 1190:"Office Depot closes deal to buy OfficeMax" 675: 661:of stock, and went public in December 1988. 53:Learn how and when to remove these messages 1139: 610:brands, as well as e-commerce sites and a 247: 191:. Please do not remove this message until 1159: 649:in 1983. The first store, located at the 229:Learn how and when to remove this message 211:Learn how and when to remove this message 150:Learn how and when to remove this message 1089:"Econometric Analysis in FTC v. Staples" 663: 621: 187:Relevant discussion may be found on the 1492:. Sonoran Weekly Review. Archived from 1140:McLoughlin, Gavin (September 3, 2017). 887:U.S. Securities and Exchange Commission 766: 1746:Companies based in Boca Raton, Florida 1741:American companies established in 1986 1718: 1379: 1270: 873: 871: 869: 867: 865: 863: 437:, Ativa, TUL, Foray, Realspace, DiVOGA 429:ODP Business Solutions, Office Depot, 16:American office supply holding company 1487: 1188:Dhanya Skariachan (5 November 2013). 1086: 1037: 1766:Retail companies established in 1986 1465:. September 30, 2010. Archived from 161: 88:adding citations to reliable sources 59: 18: 1329: 919: 860: 13: 1634:. Artistdirect.com. Archived from 1435:. January 19, 2009. Archived from 1354: 1276: 1253: 14: 1777: 1700: 1302: 1087:Baker, Jonathan (July 18, 1997). 824: 34:This article has multiple issues. 980: 829:In March 2019, Office Depot and 537: 536: 515: 514: 493: 492: 471: 470: 446: 445: 256: 166: 64: 23: 1674: 1649: 1624: 1597: 1567: 1538: 1508: 1481: 1451: 1421: 1399: 1373: 1348: 1323: 1296: 1247: 1226: 1196: 1181: 1133: 1108: 774: 759:Gold-certified retail store in 668:Interior of an Office Depot in 75:needs additional citations for 42:or discuss these issues on the 1756:Companies listed on the Nasdaq 1736:1986 establishments in Florida 1731:1980s initial public offerings 1488:Reyes, Robin (17 March 2016). 1080: 1056: 1031: 999: 974: 945: 893: 1: 1463:World Interior Design Network 853: 262:Office Depot headquarters in 1038:Cheng, Evelyn (2016-05-11). 419:Office and Business Supplies 7: 1380:Marino, Jon (May 7, 2019). 841: 324:; 37 years ago 193:conditions to do so are met 10: 1782: 617: 602:retailer headquartered in 1307:. Reuters. Archived from 791:and previously driven by 751:Environmental initiatives 655:Lauderdale Lakes, Florida 579: 563: 550: 528: 506: 484: 462: 441: 425: 414: 383: 373: 360: 344: 336: 318: 310: 280: 270: 255: 246: 1516:"Power – NASCARPartners" 1094:Federal Trade Commission 835:Federal Trade Commission 819:Born This Way Foundation 797:NASCAR Sprint Cup Series 724:Federal Trade Commission 697:Federal Trade Commission 676:Mergers and acquisitions 635: (37 years ago) 1579:stewart-hass-racing.com 1355:Pounds, Marcia Heroux. 659:initial public offering 672: 630: 626:Office Depot store in 403:D. Anthony Scaglione ( 1208:news.officedepot.com/ 755:Office Depot built a 667: 625: 1663:on December 18, 2014 1585:on December 19, 2008 1550:news.officedepot.com 767:Private label brands 612:business-to-business 84:improve this article 1439:on January 26, 2009 812:Stewart-Haas Racing 789:Roush Fenway Racing 647:Service Merchandise 628:Fremont, California 604:Boca Raton, Florida 552:Number of employees 362:Number of locations 350:Boca Raton, Florida 264:Boca Raton, Florida 243: 180:of this article is 1520:nascarpartners.com 1236:. CNBC. 2014-05-06 1214:on 7 February 2015 1011:The New York Times 673: 631: 596:Office Depot, Inc. 242:Office Depot, Inc. 241: 670:Gillette, Wyoming 593: 592: 542:US$ 2.120 billion 520:US$ 6.323 billion 322:October 1986 239: 238: 231: 221: 220: 213: 160: 159: 152: 134: 57: 1773: 1712: 1711: 1709:Official website 1694: 1693: 1691: 1689: 1678: 1672: 1671: 1669: 1668: 1653: 1647: 1646: 1644: 1643: 1628: 1622: 1621: 1619: 1617: 1601: 1595: 1594: 1592: 1590: 1581:. 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Archived from 949: 943: 942: 940: 938: 923: 917: 916: 914: 912: 907:on July 18, 2018 897: 891: 890: 875: 701:Washington, D.C. 643: 641: 636: 589: 586: 559: 546: 543: 540: 539: 533: 524: 521: 518: 517: 511: 502: 499: 496: 495: 480: 477: 474: 473: 465:Operating income 458: 455: 449: 448: 369: 332: 330: 325: 314:Specialty retail 260: 251: 244: 240: 234: 227: 216: 209: 205: 202: 196: 170: 169: 162: 155: 148: 144: 141: 135: 133: 92: 68: 60: 49: 27: 26: 19: 1781: 1780: 1776: 1775: 1774: 1772: 1771: 1770: 1716: 1715: 1707: 1706: 1703: 1698: 1697: 1687: 1685: 1680: 1679: 1675: 1666: 1664: 1655: 1654: 1650: 1641: 1639: 1630: 1629: 1625: 1615: 1613: 1603: 1602: 1598: 1588: 1586: 1575:"Sponsors 2009" 1573: 1572: 1568: 1559: 1557: 1544: 1543: 1539: 1529: 1527: 1514: 1513: 1509: 1499: 1497: 1486: 1482: 1472: 1470: 1457: 1456: 1452: 1442: 1440: 1427: 1426: 1422: 1412: 1410: 1405: 1404: 1400: 1390: 1388: 1378: 1374: 1365: 1363: 1353: 1349: 1340: 1338: 1330:Kilgore, Tomi. 1328: 1324: 1314: 1312: 1311:on May 10, 2016 1301: 1297: 1287: 1285: 1275: 1271: 1261: 1259: 1258:. 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Patrick Sher 328: 326: 323: 306: 285: 266: 235: 224: 223: 222: 217: 206: 200: 197: 186: 171: 167: 156: 145: 139: 136: 93: 91: 81: 69: 28: 24: 17: 12: 11: 5: 1779: 1769: 1768: 1763: 1758: 1753: 1748: 1743: 1738: 1733: 1728: 1714: 1713: 1702: 1701:External links 1699: 1696: 1695: 1673: 1648: 1623: 1596: 1566: 1537: 1507: 1480: 1450: 1433:Green Momentum 1420: 1398: 1372: 1347: 1322: 1303:Bartz, Diane. 1295: 1277:Kosman, Josh. 1269: 1254:Kosman, Josh. 1246: 1225: 1195: 1180: 1158: 1146:independent.ie 1132: 1107: 1079: 1055: 1030: 1013:. 1988-12-15. 998: 973: 953:"Office Depot" 944: 918: 892: 858: 857: 855: 852: 851: 850: 843: 840: 826: 825:FTC settlement 823: 776: 773: 768: 765: 752: 749: 677: 674: 619: 616: 591: 590: 581: 577: 576: 567: 561: 560: 554: 551: 548: 547: 534: 526: 525: 512: 504: 503: 490: 485: 482: 481: 468: 463: 460: 459: 454:10.240 billion 443: 439: 438: 427: 423: 422: 416: 412: 411: 409: 408: 401: 389: 387: 384: 381: 380: 377: 374: 371: 370: 364: 361: 358: 357: 354: 348: 346: 342: 341: 338: 334: 333: 320: 316: 315: 312: 308: 307: 305: 304: 298: 288: 286: 281: 278: 277: 272: 268: 267: 261: 253: 252: 237: 236: 219: 218: 174: 172: 165: 158: 157: 99:"Office Depot" 72: 70: 63: 58: 32: 31: 29: 22: 15: 9: 6: 4: 3: 2: 1778: 1767: 1764: 1762: 1759: 1757: 1754: 1752: 1749: 1747: 1744: 1742: 1739: 1737: 1734: 1732: 1729: 1727: 1724: 1723: 1721: 1710: 1705: 1704: 1683: 1677: 1662: 1658: 1652: 1638:on 2012-07-19 1637: 1633: 1627: 1612: 1611: 1606: 1600: 1584: 1580: 1576: 1570: 1556:on 2018-09-09 1555: 1551: 1547: 1541: 1525: 1521: 1517: 1511: 1496:on 3 May 2016 1495: 1491: 1484: 1468: 1464: 1460: 1454: 1438: 1434: 1430: 1424: 1408: 1402: 1387: 1383: 1376: 1362: 1358: 1351: 1337: 1333: 1326: 1310: 1306: 1299: 1284: 1283:New York Post 1280: 1273: 1257: 1250: 1235: 1229: 1213: 1209: 1205: 1199: 1191: 1184: 1168: 1162: 1147: 1143: 1136: 1121: 1117: 1111: 1096: 1095: 1090: 1083: 1069: 1065: 1059: 1045: 1041: 1034: 1020: 1016: 1012: 1008: 1002: 988: 984: 981:Gale, Kevin. 977: 963:on 2018-11-27 962: 958: 954: 948: 932: 928: 922: 906: 902: 896: 889:. 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Boca Raton, Florida
Public
Traded as
Nasdaq
ODP
S&P 600
Boca Raton, Florida
chairman

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