Office Depot Near Me Near Me (2024)

FAQs

Are OfficeMax and Office Depot the same? ›

OfficeMax is an American office supplies retailer founded in 1988. As an independent chain, it was the third-largest office supply retailer in the United States. Following a 2013 merger, it is currently a brand and subsidiary of Office Depot.

In May 2014, Office Depot announced the closure of four hundred stores, due to declining sales and customer migration to e-retailers. On February 4, 2015, it was announced that rival Staples had agreed to purchase Office Depot, in a cash and stock deal worth approximately $6.3 billion.

Office Depot, Inc. (NASDAQ:ODP) is a leading provider of business services and supplies, products and technology solutions through its fully integrated omni-channel platform of approximately 1,400 stores, online presence, and dedicated sales professionals and technicians to small, medium and enterprise businesses.

Return items to any Office Depot® or OfficeMax® store or using the self-service option in the mobile app.

Office Depot announced a deal to merge with smaller rival OfficeMax in an all-stock deal worth about $1.2 billion. Details on the deal were limited. The companies said they expect to save $400 million to $600 million annually from the combination.

Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, the company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business.

In 2020, the retail chain announced its plans to close or consolidate a number of stores and to cut 13,100 jobs by the end of 2023. From the beginning of 2020 to January 2023, 327 locations nationwide were shuttered, per company reports.

ODP, the parent company of Office Depot and OfficeMax, Tuesday thanked one of its investors, investment firm AREX Capital Management, for its suggestion that ODP make some major structural changes including spinning out its Office Depot business. However, Boca Raton, Fla.

Starting May 1, BearBuy will change Office Depot to ODP Business Solutions due to a recent name change. The logo will remain the same for the meantime with changes expected in the future. No functionality changes will occur at this time.

How is Office Depot doing financially? ›

The ODP Corporation reported earnings results for the fourth quarter ended December 30, 2023. For the fourth quarter, the company reported sales was USD 1,806 million compared to USD 2,106 million a year ago. Net loss was USD 37 million compared to net income of USD 17 million a year ago.

Microsoft 365/Microsoft Office 2021 is the most effective, reliable, and easiest to use of all the suites, but it has two disadvantages: First, it's expensive.

Our Price Match Guarantee

We match our Competitors' prices. What does that mean? Office Depot® and OfficeMax® stores and Officedepot.com will gladly match the price on a new identical item sold by any retailer who sells products in both retail stores and online under the same brand name.

Their name is now “ODP”.

Office Depot

ODP

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