The ODP Corporation
Kmart
OfficeMax/Parent organizations
Cleveland, Ohio, U.S. 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?
1 April 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.
Who is the CEO of Office Depot?
Gerry P. Smith
The ODP Corporation/CEO
Does Office Depot own CompuCom?
Part of the Office Depot Family The ODP Corporation (NASDAQ:ODP), acquired CompuCom in 2017. The ODP Corporation is a leading provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses.
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.
Is Staples bigger than 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.
What is Staples net worth?
Staples Inc. is a $9 billion retailer of office supplies, furniture and technology to consumers and businesses from home-based businesses to Fortune 500 companies in the United States, Canada, the United Kingdom, Germany, the Netherlands and Portugal.
When did Office Depot buy CompuCom?
2017
CompuCom is a large national systems integrator which Office Depot in 2017 acquired for about $1 billion.
Who is the CEO of CompuCom?
In 2013 CompuCom was sold to Thomas H. Lee Partners, also a private equity firm, for $1.1 billion. In 2015 Dixon retired as CEO and resumed his role as board chairman and was replaced as CEO by Don Doctor who was then replaced by Dan Stone in 2016.
Who would buy CompuCom?
Office Depot
Under the terms of the agreement, Office Depot will acquire CompuCom from Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm, for a total consideration of approximately $1 billion, which includes the repayment of CompuCom debt and issuance of new Office Depot shares.
Who is cheaper Office Max or Staples?
Originally Answered: Which office supply store has better prices, Office Max/Office Depot or Staples? Office Depot and Office Max are the same company and therefore pricing is the same. There is no difference between prices.
Why did Staples and Office Depot fail?
Office Depot’s parent company said its board of directors is reviewing the proposal. Staples and Office Depot abandoned plans for a merger in 2016 after the Federal Trade Commission sued to block the deal, saying it would hurt competition and raise prices for large businesses that buy office supplies in bulk.
Is CompuCom owned by Office Depot?
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.
Who is CompuCom owned by?
Office Depot, Inc.
CompuCom Systems Inc. is a technology managed services provider and product reseller headquartered in Fort Mill, South Carolina, a southern suburb of Charlotte, North Carolina. It is a wholly owned subsidiary of Office Depot, Inc.
