Office Depot
Type	Public (NYSE: ODP)
Founded	1986
Headquarters	Delray Beach, Florida
Industry	Retail
Products	Office supplies
Revenue	▲ $15. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Year 1986 ( MCMLXXXVI) was a Common year starting on Wednesday (link displays 1986 Gregorian calendar) Delray Beach is a city in Palm Beach County, Florida, USA. As of the 2000 census, the city had a total population For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need Office supplies is the generic term that refers to all supplies regularly used in Offices by Businesses and other organizations from private citizens to governments In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 5 billion USD (2007)
Website	http://www.officedepot.com/

Office Depot (NYSE: ODP) is a supplier of office products and services. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, printing, document reproduction, mailing and shipping.

The Company sells its products through multiple distribution channels, including over 1,000 office supply stores, direct mail, Internet websites, business-to-business e-commerce, and sales forces. Office supplies is the generic term that refers to all supplies regularly used in Offices by Businesses and other organizations from private citizens to governments Office Depot operates under the Office Depot, Viking Office Products, Viking Direct, Guilbert, TechDepot and 4sure. com brand names. An S&P 500 company, Office Depot generates revenues of over US $15 billion annually and has 52,000 employees worldwide. It is headquartered in Delray Beach, Florida. Delray Beach is a city in Palm Beach County, Florida, USA. As of the 2000 census, the city had a total population Florida ( is a state located in the southeastern region of the United States, bordering Alabama to the northwest and Georgia to the

Contents 1 History 1.1 Later expansion and acquisitions 1.1.1 Online 2 Private label brands 3 Customer Incentive Programs 3.1 Ink Cartridge Recycling 3.2 Office Depot Worklife Rewards 3.3 STAR Teacher Program 3.4 5% Back To School Program 4 Sponsorships 5 Activities per country 5.1 Stores owned by and operated under the Office Depot name 5.2 Stores operating with the Office Depot name under joint venture / license agreements 6 References 7 External links

History

Office Depot was founded in Lauderdale Lakes, Florida (near Fort Lauderdale) in 1986 by three partners: Pat Sher, Stephen Dougherty, and Jack Kopkin. Lauderdale Lakes is a city in Broward County, Florida, United States. Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate Canal system is a city in Broward County, Florida, Year 1986 ( MCMLXXXVI) was a Common year starting on Wednesday (link displays 1986 Gregorian calendar) Sher, the company's first CEO, died the next year from leukemia. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Leukemia or leukaemia (Greek leukos λευκός, "white" aima αίμα, "blood" is a Cancer of the Blood Sher's estate donated the proceed of his life insurance policy to help the fledgling company meet its payroll. ^[1] The company retained professional executive recruiters (so-called "headhunters") to find a replacement for Sher. A recruiter is someone engaging in Recruitment, which is the solicitation of individuals to fill jobs or positions within any group such as a Corporation David Fuente, formerly an executive with Sherwin-Williams, was selected as the new chairman and CEO. The Sherwin-Williams Company is an American company in the general building materials industry

Fuente immediately launched an aggressive nationwide expansion program. To finance it, he arranged for an initial public offering of stock in 1988. Initial public offering (IPO, also referred to simply as a "public offering" is when a company issues Common stock or shares to the public for the first Year 1988 ( MCMLXXXVIII) was a Leap year starting on Friday (link displays 1988 Gregorian calendar) In 1991, Office Depot expanded to the West Coast region with the purchase of competitor Office Club. Year 1991 ( MCMXCI) was a Common year starting on Tuesday (link will display full calendar of the Gregorian Calendar. By 1993, it was operating over 350 stores in the U. Year 1993 ( MCMXCIII) was a Common year starting on Friday (link will display full 1993 Gregorian calendar) S. and Canada. This acquisition moved Office Depot onto the national stage. ^[2] Mark Begelman, founder and president of Office Club, joined Office Depot as president and chief operating officer.

Office Clubs store were slated to continued operations under the Office Club brand and operate as a subsidiary of Office Depot. This was because Office Club operated under a "Membership format" (Similar to what is employed by Costco and Sam's Club) and the company was at first reluctant to part with that. Costco Wholesale Corporation ( is the largest membership Warehouse club chain in the world based on sales volume headquartered in Issaquah Washington, Sam's Club is an American chain of membership-only retail Warehouse clubs Founded in 1983 it is owned and operated by Wal-Mart Stores Inc Within a year of the merger, Office Club stores dropped the membership format and became fully assimilated with Office Depot. ^[3]

The company began to run into problems in the late 1990s when many key North American markets became saturated with too many of the big three office supply chains: Office Depot, OfficeMax, and Staples. OfficeMax ( is an office supplies retailer founded in 1988 and headquartered in Naperville Illinois. Staples Inc is the world's largest Office supply Retail store chain with over 2000 stores Worldwide in 27 countries

Later expansion and acquisitions

In search of new opportunities, Office Depot began to expand overseas to many more countries. In 1998, it launched its public Web site and merged with the catalog company Viking Office Products. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages

In June 2003, Office Depot Inc. acquired Guilbert, formerly part of the Pinault-Printemps Redoute Group (PPR). With this strategic acquisition, Office Depot has doubled its presence in Europe to around 3 billion Euros and with this move confirms its European market leadership (Office Depot European headquarters is located in the Netherlands - Venlo). The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands Venlo ( is a Municipality and a City in the southeastern Netherlands.

During the dot-com collapse in late 2000, the company's sales took a dive. The " dot-com bubble " (or sometimes the " IT bubble " was a speculative bubble covering roughly 1995–2001 (with a climax on March 10 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. Over 70 stores were closed and Fuente was reportedly forced out of his job as CEO; he was replaced by the head of the company's international operations, Bruce Nelson. On October 4, 2004, Office Depot announced that Neil R. Events 610 - Heraclius arrives by ship from Africa at Constantinople, overthrows Byzantine Emperor Phocas "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Austrian, former President of the National Football League, was succeeding Nelson as interim chairman and CEO. The National Football League ( NFL) is the largest professional American football league. Succeeding Austrian was Steve Odland, formerly CEO of Autozone. Steve Odland (born 1958 is Chairman and CEO of Office Depot, a position he has held since 2005 AutoZone ( is a Fortune 500 corporation based in Memphis Tennessee which is engaged primarily in the business of the retail sale of automotive parts and accessories

Online

The domain officedepot. com attracted at least 37 million visitors annually by 2008 according to a Compete.com survey. Competecom is a United States Web traffic analysis service that publishes the approximate number of U

Private label brands

In addition to selling many nationally recognized name brands, Office Depot sells products under several store brands, including:

• Ativa, for shredders, telephones and certain computer hardware components such as CDs, keyboards, and USB drives
• Break Escape, for coffee, snacks, and other break room supplies and water. A brand is a collection of Images and ideas representing an economic producer more specifically it refers to the descriptive verbal attributes and concrete symbols such as a Store brands ( house brands in the United States own brands in the UK, and home brands in Australia) are Brands which are Paper shredders are used to cut Paper into chad, typically either strips or fine particles Basic principle A traditional landline telephone system also known as "plain old telephone service" (POTS, commonly handles both signaling and audio information A Compact Disc (also known as a CD) is an Optical disc used to store digital data, originally developed for storing digital audio
• Castlebridge, for executive briefcases and portfolios
• Christopher Lowell, for office furniture, in association with the television personality
• Foray, for pens, pencils, highlighters, correction tape, and other writing instruments, as well as CD cases. A briefcase is a narrow box-shaped Bag or case used mainly for carrying papers and other documents and equipped with a handle Furniture is the Mass noun for the movable objects which may support the human body (seating furniture and beds, provide storage or hold objects on horizontal Christopher Lowell (born Richard Lowell Madden November 6, 1955) is an interior decorator A pen (Latin pinna, feather is a Writing instrument used to apply Ink to a surface usually Paper. A pencil is a Writing or Drawing instrument consisting of a thin stick of Pigment (usually Graphite, but can also be coloured pigment or A highlighter is a form of fiber tip pen which is used to highlight sections of documents in a vivid colour while leaving the content beneath the marking unobscured
• Furniture at Work, for office furniture
• Niceday, for most standard office supplies
• Office Depot brand, for most standard office supplies and technology such as staples, binders, file folders, remanufactured ink & toner, etc. Furniture is the Mass noun for the movable objects which may support the human body (seating furniture and beds, provide storage or hold objects on horizontal Ring binders (British file) are Folders in which punched pieces of Paper may be held by means of Clamps running through the Holes
• TUG, for school backpacks
• Worklife, for higher-quality presentation and résumé papers
• Scholastic, for crayons, markers, folders and other school supplies. A backpack (also called

Customer Incentive Programs

Ink Cartridge Recycling

Similar to other office supply chains, Office Depot has a program set up to encourage customers to recycle their used ink cartridges. Once per day, a customer has the opportunity to drop off empty cartridges for a discount on their purchase. Previously, a $2. 50 discount was available towards the purchase of a new ink cartridge. Since February 12, 2006, the discount was increased to a $3. Events 1429 - English Forces under Sir John Fastolf defend a supply convoy carrying rations to the army besieging Orleans from attack by the Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. 00 coupon which can be used towards any purchase over $3. 00. As of July 27, 2007 you may redeem up to twenty-five cartridges a day and redeem up to 3 coupons per for any amount totaling more than the dollar amount per purchase. Events 1214 - Battle of Bouvines: In France, Philip II of France defeats John of England. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century.

Only inkjet cartridges that contain an internal printhead qualify for the program. This includes the majority of HP and Lexmark produced cartridges as well as the Office Depot remanufactured brand version of those cartridges. Lexmark ( is an American Corporation which develops and manufactures printing and imaging solutions including laser and inkjet printers multifunction products It also includes a very limited number of newer Canon cartridges. is a Japanese Multinational corporation that specializes in imaging and optical products including Cameras photocopiers and Computer printers Cartridges that do not contain printheads do not qualify. Some cartridges contain electrical contacts that may be confused as being a printhead, but these contacts are only to allow communication with the printer for purposes of measuring ink levels or to determine whether or not the cartridge has expired. Most toner and toner/drum units can be recycled, but not those that are simply plastic toner containers such as many fax machine ink produced by Brother Industries and Panasonic. ( is a diversified Japanese company that produces a wide variety of products including Sewing machines large Machine tools Label printers and Typewriters This program excludes ink tanks, such as almost all Epson brand inks. or Epson, is a Japanese company and one of the world's largest manufacturers of inkjet, dot matrix and Laser printers scanners

Office Depot Worklife Rewards

On June 1, 2006, Office Depot launched the Worklife Rewards program which combined several benefits of the former "Advantage Reward" and Star Teacher program. Events 193 - Roman Emperor Didius Julianus is Assassinated 987 - Hugh Capet is elected Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. It offered 10% rewards on the total amount spent past $200 (excluding computers, monitors, UPS shipping and postage stamp purchases) in a three-month period, with no cap on the amount of rewards that could be earned. Office Depot brand ink qualified for a double credit 10% reward. Theoretically, if an individual spent $50,000 in a three-month period, they would earn $2,500 in rewards credits. The credits are issued on a store gift card. For Design, Print, & Ship services, 15% rewards were given on all purchases past $35.

On September 1, 2007, the Worklife Rewards program was relaunched as Worklife Rewards 10% Plus to issue a return of 10% on all ink, toner, paper and Design, Print, & Ship services, and 1% of all other qualifying purchases to members (excluding laptops, desktops, monitors, and TVs). ^[4] There are no rewards granted for warranties, postage stamps, or other services. Unlike the previous payout period system, the member must exceed a payout of $10 before a gift card will be issued. The accumulation period for points is no longer three months, but rather until a member gains enough points to receive a gift card. ^[5]

Worklife members also receive exclusive coupons through postal mail and email as well in store savings on select items.

STAR Teacher Program

The STAR Teacher Program is specifically for educators and school administrators, and incorporates the benefits of the Office Depot Worklife Program. In addition to Worklife benefits, the STAR program also carries a 15% discount on copy center purchases in addition to the 15% reward for copy center purchases past $35. There is no longer a 5% discount on other items. There are also many events at the Office Depot stores for teachers, including bi-annual Teacher Appreciation Breakfasts that offer free breakfast and giveaways for teachers.

5% Back To School Program

The 5% Back To School Program contributes a portion of a purchase to a local school as a store credit that the school may use to purchase Office Depot merchandise. Schools must register with the program to receive the store credit. Some merchandise does not qualify for the program.

Sponsorships

Office Depot previously owned the naming rights to an indoor arena in Sunrise, Florida. Sunrise is the instant at which the upper edge of the Sun appears above the Horizon in the East. Florida ( is a state located in the southeastern region of the United States, bordering Alabama to the northwest and Georgia to the Called Office Depot Center from 2002 to 2005, it was subsequently renamed BankAtlantic Center. The BankAtlantic Center (previously known as Broward County Civic Arena, National Car Rental Center and Office Depot Center) is an indoor

Office Depot is the primary sponsor of the NASCAR Sprint Cup #99 Ford Fusion, owned by Roush Fenway Racing and driven by Carl Edwards. The National Association for Stock Car Auto Racing ( NASCAR) is the largest sanctioning body of Stock cars in the United States. Roush Fenway Racing (formerly Roush Racing) is a racing team competing in NASCAR racing Carl Michael Edwards II (born August 15, 1979) is an American NASCAR Sprint Cup Series and Nationwide Series driver for

Office Depot currently sponsors FreeRice, a program to fight world hunger. FreeRice is a charity website where users play a various educational multiple-choice games in order to raise money to fight world hunger.

Activities per country

Stores owned by and operated under the Office Depot name

• United States, 1193 locations (2008)
• Canada, 29 locations (2008)
• France, 47 locations (2008)
• Japan, 27 locations (2008)
• Hungary, 17 locations (2008)
• Israel, 44 locations (2008)
• Puerto Rico (US), 2 locations (2008)^[6]

Stores operating with the Office Depot name under joint venture / license agreements

157 stores (joint venture with Office Depot de Mexico) in:

• Mexico
• Costa Rica
• El Salvador
• Guatemala
• Honduras
• Panama

92 stores (licensing and merchandise agreements) in:

• South Korea
• Thailand ^[6]

References

External links

• Office Depot
• Yahoo-Office Depot Profile
• Office Depot Racing
• Office Depot Netherlands
• Niceday, Office Depot brand in Europe

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