Last $5.05 USD
Change Today -0.06 / -1.17%
Volume 3.4M
ODP On Other Exchanges
As of 8:10 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

office depot inc (ODP) Snapshot

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09/12/14 - $5.91
52 Week Low
04/16/14 - $3.84
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Current Stock Chart for OFFICE DEPOT INC (ODP)

office depot inc (ODP) Details

Office Depot, Inc., together with its subsidiaries, supplies office products and services. The company’s North American Retail division sells an assortment of merchandise, including office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture under various brands through its chain of office supply stores. Its North American Business Solutions division sells branded office supplies, technology products, cleaning and breakroom supplies, office furniture, services, and other solutions, as well as copy and print services to small, medium, and large-sized businesses through a sales force, catalogs, telesales, Internet sites, and limited store locations. The company’s International division sells office products and services through direct mail catalogs, contract sales forces, Internet sites, and retail stores using company-owned operations, joint ventures, licensing and franchise agreements, alliances, and other arrangements. This division also participates under licensing and merchandise arrangements in South Korea, Israel, the Dominican Republic, and the Middle East. It offers its products under various labels, including Office Depot, OfficeMax, Viking Office Products, Foray, Ativa, Grand & Toy, TUL, and DiVOGA. As of February 25, 2014, the company operated 2,200 retail stores in 57 countries. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida.

64,000 Employees
Last Reported Date: 02/25/14
Founded in 1986

office depot inc (ODP) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $2.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $557.7K
Executive Vice President and President of Int...
Total Annual Compensation: $675.0K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $1.0M
Chief People Officer and Executive Vice Presi...
Total Annual Compensation: $450.0K
Compensation as of Fiscal Year 2013.

office depot inc (ODP) Key Developments

Office Depot to Close Stores

Office Depot is slowly slimming its presence across the U.S. as the company prepares to complete its 400 stores shutdown in the next few years. The move is expected to save the company $75 million a year by the end of 2016. Just one Office Depot location will be left in Polk County once two others close in November at 1046 N. Wilson Ave., Bartow and 800 Cypress Gardens Blvd., Winter Haven. Office Depot will close its stores in West Hartford, Conn. and Wethersfield, Conn. on Nov. 15. An OfficeMax at 255 Union St., Waterbury, Conn. will also close on Nov. 15. Bonita Springs' Office Depot at 27251 Bay Landing Drive will close on Nov. 15 and lay off 16 employees. The company's Office Depot in Roseburg, Ore. closes on Nov. 15 as well. Another store is closing in Moscow, Idaho on Nov. 15. An Office Max at 2301 O St., Lincoln, Neb. closes on Nov. 15.

Office Depot, Inc.(NasdaqGS:ODP) added to NASDAQ Composite Index

Office Depot, Inc. will be added to the NASDAQ Composite Index.

Office Depot, Inc. Announces Amendment to Bylaws

On September 24, 2014, in connection with Office Depot, Inc.'s voluntary transfer of the listing of its common stock, par value $0.01 per share, from the New York Stock Exchange to the NASDAQ Global Select Market, the Board of Directors of the Company amended and restated the company's Amended and Restated Bylaws to (i) replace references to the rules and regulations of the New York Stock Exchange with references to the rules and regulations of NASDAQ or any other exchange on which the Company's securities are listed; (ii) remove references to certain Board and officer positions that were instituted in connection with the transition period following the Company's merger with OfficeMax Incorporated that are no longer applicable; and (iii) remove an outdated reference to the period in which a stockholder must deliver notice of nomination to the Secretary of the Company in connection with the annual meeting of stockholders for the calendar year 2013.


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