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@OfficeDepot

Office Depot Launches Binder Recycling Program for Back-to-School Shoppers in Partnership with TerraCycle

Shoppers Receive a $2 Instant Discount on Same-day Binder Purchase at Office Depot and OfficeMax Locations

Tuesday, July 12, 2016 11:20 am EDT

Dateline:

BOCA RATON, Fla.

Public Company Information:

NASDAQ:
ODP
US6762201068
"We’re excited to partner with TerraCycle this back-to-school season as parents, teachers and students prepare for the school year with new supplies"

BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced the launch of its Binder Recycling Program, encouraging shoppers to help preserve the environment by recycling old binders. Starting today, shoppers can bring any old empty binder to an Office Depot or OfficeMax retail location and receive a $2 instant discount off a same-day binder purchase.

The program is in partnership with TerraCycle, a company whose primary objective is to recycle waste that is typically considered non-recyclable. Consumers find recycling to be the most easily understood component of sustainability, and Office Depot is partnering with TerraCycle to help consumers participate in the movement for a more sustainable planet.

“We’re excited to partner with TerraCycle this back-to-school season as parents, teachers and students prepare for the school year with new supplies,” said Ron Lalla, executive vice president of merchandising for Office Depot, Inc. “The program provides a way to recycle binders in an environmentally conscious way while also offering a discount to shoppers who are looking for new ones.”

Customers can recycle as many binders as they wish and can receive instant discounts for up to six binders per day*. The offer is only valid in-store at Office Depot and OfficeMax retail locations.

To learn more about the Binder Recycling Program, please visit officedepot.com/recyclebinders.

*Get $2 off the purchase of any new binder when you recycle any binder in the same transaction. Discount applies only to binders purchased and will not be applied to any free binders with a purchase. Multipacks count as 1. Discount excludes tax. No cash/credit back. Binder to be recycled must be empty. Not valid on prior purchases or purchases made with Store Purchasing, Procurement or Retail Connect Cards. Limit 6 per household/business.

About Office Depot, Inc.

Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.

Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.

The company has annual sales of approximately $14 billion, employs approximately 49,000 associates, and serves consumers and businesses in 59 countries with approximately 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax, Grand & Toy, and Viking. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.

Contact:

Office Depot, Inc.
Sarah England, 561-438-1448
sarah.england@officedepot.com