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@OfficeDepot

Press Releases - All

  • 8/30/16 9:00 am EDT

    Available to Customers in 1,513 Office Depot and OfficeMax Locations on Sept. 2

    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 expansion of its relationship with FedEx (NYSE: FDX), which, beginning Sept. 2, is offering customers in 1,513 retail locations throughout the country access to FedEx shipping services and solutions. The convenience of Office Depot’s retail store footprint andmore...
  • 8/22/16 7:30 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ:ODP) today announced that Roland Smith plans to retire as Chief Executive Officer of the company. Smith will continue to serve as CEO until a successor is named, which is expected by the end of first quarter 2017. It is expected Smith will remain Chairman of the Board. The Board of Directors will evaluate, with the assistance of an executive search firm, both internal and external candidates for CEO. “Sincemore...
  • 8/8/16 9:00 am EDT

    77 Percent of Educators Lack Sufficient Communication and Tools to Support Early Education Preparation

    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 results of an early education preparation survey whose findings uncovered that while almost all educators feel support of parents with children younger than school age is important, only 23 percent of educators have sufficient tools to do so. The non-profitmore...
  • 8/3/16 6:50 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP) today announced it intends to call its 9.75% Senior Secured Notes due 2019 (the “Notes”) for redemption on September 15, 2016. The Notes will be redeemed for cash at a price equal to 104.875% of the principal amount of the Notes plus accrued and unpaid interest up to, but excluding, the redemption date (the “Redemption Price”). The aggregate principal outstanding of the Notes is $250,000,000. Frommore...
  • 8/3/16 6:50 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP) announced that its Board of Directors declared a dividend of $0.025 per share ($0.10 per share on an annualized basis) on the common stock of the Company. The dividend is payable on September 15, 2016, to shareholders of record at the close of business on August 25, 2016. Office Depot Chairman and CEO, Roland Smith, commented, “The initiation of a quarterly dividend reflects confidence in our ability tomore...
  • 8/3/16 6:50 am EDT

    Announces Debt Retirement, Initiation of Quarterly Dividend, Expanded Share Repurchase Plan

    Identifies Initiatives for Future Growth

    Expands U.S. Retail Optimization and Store of the Future Plan

    Launches $250 Million Cost Savings Program

    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (“Office Depot”, or the “company”) (NASDAQ: ODP), a leading global provider of office products, services, and solutions, today announced results for the second quarter ended June 25, 2016. “We are making good progress rebuilding our sales pipeline and moving our overall business forward, despite the disruption of the prolonged Staples acquisition attempt,” said Roland Smith, chairman and chief executive officer formore...
  • 8/1/16 8:30 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (“Office Depot”, or the “company”) (NASDAQ: ODP), a leading global provider of office products, services, and solutions, today announced that Kristin Campbell has been appointed to its Board of Directors. Additionally, Campbell will serve on the Audit Committee. “We are excited to welcome Kristin to our board. Her executive leadership experience, including nearly two decades in the office products industry, bringsmore...
  • 7/27/16 9:00 am EDT

    Realspace® Modern Comfort Series Offers Nine New Chairs for Shoppers Seeking Comfort and Style

    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 the Realspace® Modern Comfort Series, an exclusive line of stylishly designed office chairs that utilize cutting-edge technologies in comfort seating. This new line features a range of seating types, including task-style, mid-back, executive-style, and guestmore...
  • 7/26/16 9:00 am EDT

    New Lighthouse for Learning Designed to Fuel Innovation and Discovery Unveiled Today at Learning @ Lovejoy Conference

    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 opening of a new STEM wing at Lovejoy High School, located in Lucas, Texas. The STEM wing is scheduled for an unveiling today at Learning @ Lovejoy, a nine day professional development conference that also kicks off today with more than 50 sessions for every subject area, levelmore...
  • 7/25/16 1:00 pm EDT

    Teachers Can ‘Gear Up for School’ with a VIP Savings Card for Additional Savings through Oct. 31

    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, is thanking educators by helping them ”Gear Up for School” during Teacher Appreciation Days with a 25-percent-off coupon. The discount is available in stores July 30-Aug. 2 and Aug. 27-30 on qualifying purchases1 for members of the Office Depot® OfficeMax® Rewards program, which is free to joinmore...