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EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

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Total 2010 Company Sales: $11.6 Billion -4%<br />

Percentage of Sales in Exclusive Brands: 30% (E)<br />

Principal Business: Founded in 1986, Office Depot operates some 1,147 office supply stores. The<br />

North American portion covers 1,124 stores in 49 states, DC and Puerto Rico. The company also<br />

sells to customers in 48 countries via stores, direct mail, the Internet, etc. There are 162 office<br />

supply stores in France, Hungary, Israel, Japan, South Korea, and Sweden. Additionally some 98<br />

stores are licensed in South Korea and Taiwan. Office Depot maintains alliances in eight<br />

additional countries. The company also is one of the world’s largest e-commerce outlets, having<br />

generated some $4.8 billion in sales online.<br />

EB Identities: Office Depot, Office Depot Value, Foray, Viking Office Products, Niceday, Ativa,<br />

Break Escapes, Worklife, Christopher Lowell--covering general office supplies, computer<br />

supplies, business machines and related supplies and office furniture<br />

EB skus: N/A<br />

Profile: Ouch! Recovery is slow, but steady. Office Depot (NYSE: ODP) net losses--continuing<br />

since 2008--for this year were cut to $ 46.2 million versus a net loss of $ 598.7 million in 2009.<br />

Store closures continue, some 22 shuttered in North America in 2010; while 17 new stores were<br />

opened International sales of $ 3.4 billion came from 455 stores. Those in Japan and Israel were<br />

sold, creating licensees. While many of its products contain recycled content, this retailer lately<br />

has put more emphasis on environmentally preferable products, including items in its private label<br />

selection, which has been significantly expanded. In November 2009, retailer introduced more<br />

than 70 fashionable business products for travel, organization, and work, including both national<br />

brands and three private labels: i.e. Inspiration in Everything (totes, key fobs, passport holders,<br />

etc.), ATIA Mobil-IT (pad folios), and FORAY (computer bags, pad folios, and personal<br />

accessories). Plans call for reenergizing its private brand business in 2011.<br />

Procurement Contacts: Dennis Cohen, Sr. Director, Private Brands Opns., Office Department<br />

OFFICEMAX, INC.<br />

263 Shuman Blvd., Naperville, IL 60563 USA<br />

Tel: (630) 438-7800<br />

Fax: (630) 864-4420<br />

www.officemax.com

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