by Mike Duff | May 5, 2022 | Retail Articles
For the first quarter, ODP Corp, which operates the Office Depot and OfficeMax superstore chains, posted earnings and revenues that surpassed Wall Street expectations. Net income from continuing operations was $55 million, or $1.09 per diluted share, the company...
by Mike Duff | Mar 21, 2022 | Home + Housewares, Retail Articles
To speed products to its customers, and its small business and working at home customers particularly, Office Depot will offer same-day delivery from more than 1,000 of its namesake and OfficeMax stores across the United States through Instacart. As it broadens the...
by Mike Duff | Jan 18, 2022 | Retail Articles
The ODP Corp. has announced that its board of directors has determined to delay a previously announced public company separation to evaluate a potential sale of its consumer business, which includes the Office Depot division, as an undisclosed third party followed...
by Mike Duff | Jan 3, 2022 | Furniture, Retail Articles
The ODP Corp., which operates Office Depot and OfficeMax stores, announced the company has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up to $305 million. The move is part of an overall plan by ODP to sharpen its...
by Mike Duff | Nov 8, 2021 | Retail Articles
As it pursues a bigger chunk of the office supply market, Staples has reaffirmed its June 4 proposal to Office Depot parent The ODP Corp. to acquire its consumer business for a cash purchase price of $1 billion, with Staples saying it has made substantial progress...
