Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Office Depot and OfficeMax Complete Merger
Nov 6, 2013
 Printable format
 Email this Article
 Search

As expected, Office Depot and OfficeMax completed their merger of equals on Nov. 5, 2013, to create a new office products retain chain that will operate as Office Depot, Inc.

Facts about the new Office Depot:
* $17 billion in combined revenue for the 12 months that ended Sept. 28, 2013
* 2,200 retail stores
* 66,000 employees worldwide
* customers include consumers and businesses in 59 countries
* 2,200 retail stores
* brand portfolio includes: Office Depot, OfficeMax, OfficeMax Grand & Toy, Viking, Ativa, TUL, Foray, and DiVOGA.

The companies' two retail websites - www.officedepot.com and www.officemax.com - remain in operation. The two companies' loyalty programs are continuing, with a combined loyalty program to be announced in 2014.

Until the search for a permanent CEO is completed Neil Austrian, chairman and CEO of Office Depot, and Ravi Saligram, president and CEO of OfficeMax, will serve together as co-CEOs.

A decision on the permanent headquarters for the new company will not be made until the new CEO is brought on-board. In the meantime, operations will continue in Boca Raton, FL, and Naperville, IL.

Back to Daily News

 

Daily News

...........................................................

Jun 25, 2014: Haier Expands in Philippines

Jun 25, 2014: North American PCB Shipments Fall in May

Jun 24, 2014: GE Will Award Best Kitchen Designs That Include Monogram Appliances

Jun 20, 2014: Haier Group Layoffs: 26,000 In Two Years

Jun 19, 2014: Report: Marginal Impact of Electric Heat Pumps on Home Sale Price

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows