A tough run for its retail office superstore division dragged down ODP Corp. third-quarter results as the company put more emphasis on business-to-business operations. Net income from continuing operations was $68 million, or $2.04 per diluted share, versus $82...
The ODP Corp. is enhancing its Generative AI technology across the company’s nationwide network of Office Depot and OfficeMax stores to enhance the customer experience. The ODP Personal Assistant, an internally developed AI application, launched in February 2023 to...
The ODP Corp. posted second-quarter sales and earnings below expectations, reflecting fewer retail locations in operation and cautious spending by businesses and consumers. Net loss from continuing operations was $4 million, or 12 cents per diluted share, versus net...
ODP Corp., parent of Office Depot and OfficeMax, registered a beat on earnings in the fourth quarter while announcing Project Core, a move to streamlining operations, reemphasize the main business and increase shareholder returns. Net loss from continuing operations...
Fortessa Tableware Solutions named company veteran Jeff Smith president and CEO, effective March 1, 2024. Smith has been with Fortessa for nearly two decades, most recently serving as COO and CFO. Fortessa founder Scott Hamberger will be transitioning to the position...
