The ODP Corporation
Kmart
OfficeMax/Parent organizations
OfficeMax is an American office supplies retailer founded in 1988. It is now a subsidiary of The ODP Corporation, which is headquartered in Boca Raton, Florida. As of December 2012, OfficeMax operated 941 stores in 47 states, Puerto Rico, the U.S. Virgin Islands and Mexico.
When was OfficeMax founded?
April 1, 1988, Cleveland, Ohio, United States
OfficeMax/Founded
What happened to OfficeMax?
Office Depot and OfficeMax are now one company.
Is OfficeMax and Staples the same?
Staples merged with Office Max more than a year ago. It’s not the first time the pair have tried to get together.
Is Staples owned by Office Depot?
The move comes as Staples has continued to pursue its acquisition of Office Depot. In 2016, Staples and Office Depot called off their merger after a federal judge issued an injunction temporarily blocking the $6.3 billion deal over antitrust concerns. Staples previously tried to acquire Office Depot in 1996.
Who is bigger Staples or Office Depot?
Staples had more than 1,300 locations, while Office Depot had more than 1,500 following its merger with OfficeMax several years prior. Today, Staples has 1,068 locations, and Office Depot has fewer than 1,250.
Who is the CEO of Office Depot?
Gerry P. Smith
The ODP Corporation/CEO
Office Depot CEO Gerry P. Smith has quietly sold his lavish South Florida home for more nearly $10 million—a whopping $3.2 million more than he paid just two years ago, according to property records.
Does Office Depot own CompuCom?
The back story: Office Depot acquired CompuCom for $1 billion — a lofty 10 times earnings at the time— in October 2017. The IT services business unit has generated mixed performance under ODP’s ownership. CompuCom President Mick Slattery described key business progress to ChannelE2E in June 2020.
Is Staples or Office Depot better?
The main difference between Staples and Office Depot is that Staples had better revenues and profits, while Office Depot prices tend to be cheaper than Staples for everyday items. Office Depot offers more discounts and promotions than Staples.
Did Staples merger with Office Depot?
In 2016, Staples and Office Depot called off their merger after a federal judge issued an injunction temporarily blocking the $6.3 billion deal over antitrust concerns. Staples previously tried to acquire Office Depot in 1996. But the deal was called off after regulators raised antitrust concerns.
Who was the original founder of OfficeMax?
On April 1, 1988, OfficeMax was founded in Cleveland, Ohio, by Bob Hurwitz and Michael Feuer.
How many OfficeMax stores are there in the US?
OfficeMax is an American office supplies retailer founded in 1988. It is now a subsidiary of Office Depot, Inc., which is headquartered in Boca Raton, Florida. As of December 2012, OfficeMax operated 941 stores in 47 states, Puerto Rico, the U.S. Virgin Islands and Mexico. In 2012, net sales were $6.9 billion, down from $8.3 billion in 2008.
When was OfficeMax acquired by Highland Superstores?
In January 1992, OfficeMax acquired five sites from Highland Superstores in Boston. OW Office Warehouse, a Virginia-based regional chain, was acquired in June 30, 1992. The company then acquired BizMart, its largest acquisition (104 stores) to date, in 1993 from Intelligent Electronics.
When was OfficeMax acquired by Boise Cascade?
From 2001, OfficeMax began closing underperforming stores in some neighborhoods and in regions where it did not have a strong presence. In 2003, OfficeMax was acquired for $1.3 billion by Boise Cascade Office Products Corporation, who later rebranded themselves OfficeMax.
