|Exchange:||New York Stock Exchange|
|Stock:||Office Depot Inc|
|Office Depot Inc., was incorporated in 1986 with the opening of its first retail store in Fort Lauderdale, Florida. The Company is a global supplier of office products and services under the Office Depot® brand and other proprietary brand names. Its business is comprised of three segments. The North American Retail Division; The North American Business Solutions Division; and International Division. Its North American Retail Division sells a broad assortment of merchandise through its chain of office supply stores throughout the United States. It currently offer general office supplies, computer supplies, business machines and related supplies, and office furniture from national brands as well as its own brands. Its retail stores are designed to provide a positive shopping experience for the customer. It strives to optimize visual presentation, product placement, shelf capacity and in-stock positions. Its North American Business Solutions Division sells nationally branded and it own brand office supplies, technology products, furniture and services by means of a dedicated sales force, through catalogs and electronically through its internet sites. Its direct business is tailored to serve small- to medium-sized customers. The Company uses catalogs and the internet to market directly to both existing and prospective customers. It also produce a Green Book® catalog, which features products that are recyclable, energy efficient, or otherwise have a reduced impact on the environment. The Company operates a network of DCs, crossdock, and combination facilities across the United States. The Company’s International Division sells office products and services through direct mail catalogs, contract sales forces, internet sites and retail stores, using a mix of company-owned operations, joint ventures, licensing and franchise agreements, alliances and other arrangements. It maintains DCs and call centers throughout Europe and Asia to support these operations. The Company regularly advertises in major newspapers in its North American markets. It also advertises through local and national radio, network and cable television advertising campaigns, and direct marketing efforts, such as the internet and social networking. The Company offers customer loyalty programs that provide customers with rewards that can be applied against future Office Depot purchases or other incentives. The Company competes with office supply stores, wholesale clubs, discount stores, mass merchandisers, food and drug stores, computer and electronics superstores, internet-based companies and direct marketing companies. The Company is subject to regulatory requirements relating to its corporate conduct and the conduct of its business, including securities laws, consumer protection and safety laws, advertising regulations, and wage and hour regulations.|
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