Highlights
Office Depot Inc., is the world's second-largest supplier of office products and services. The Delray Beach-based company was incorporated in 1986 with the opening of its first retail store in Fort Lauderdale. In 2006, the Fortune 500 company sold $15 billion of products and services to consumers and businesses through three business units: North American Retail Division, North American Business Solutions Division and International Division. Office Depot has more than 1,200 stores in the U.S. and Canada, with a heavy concentration in Florida, California and Texas. The company plans to open 70 more stores by the end of 2007 and another 75 locations in 2008. The company is building a 625,000-s...
Office Depot Inc., is the world's second-largest supplier of office products and services. The Delray Beach-based company was incorporated in 1986 with the opening of its first retail store in Fort Lauderdale. In 2006, the Fortune 500 company sold $15 billion of products and services to consumers and businesses through three business units: North American Retail Division, North American Business Solutions Division and International Division. Office Depot has more than 1,200 stores in the U.S. and Canada, with a heavy concentration in Florida, California and Texas. The company plans to open 70 more stores by the end of 2007 and another 75 locations in 2008. The company is building a 625,000-square-foot global headquarters in Boca Raton at the Arvida Park of Commerce, and plans to move into its new home in October 2008. Office Depot received more than $15 million in state and local grants and incentives for the expansion and will invest about $210 million for its new headquarters. Chairman and CEO Steve Odland has led the company since March 2005 with a strategy focused on cutting costs across divisions and growing profits through private brand development and market expansion. Office Depot stock is traded under the symbol ODP.
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Recession hits retailers hard
Chicago TribuneThe year of reckoning has begun for retailers. After a long stretch of easy access to capital, a store-building boom and effortless selling to shoppers flush with cash from home-equity loans, the retail landscape is about to get smaller. Retailers are...Tags: Whitehall, Financially Distressed Companies, Walgreen Co., Unemployment, Layoffs and Downsizing
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2009 predicted to be a 'cleansing' period for retailers
Tribune reporterThe year of reckoning has begun for retailers. After a long stretch of easy access to capital, a store building boom and effortless selling to shoppers flush with cash from home-equity loans, the retail landscape is about to get smaller. Retailers are...Tags: Whitehall, Financially Distressed Companies, Walgreen Co., Unemployment, Layoffs and Downsizing
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Day care also hit by the recession
Lew Leadbeater’s Christmas Eve “sermon,” “Real meaning,” about sums up the liberal view of what we used to simply call Christmas. Now, of course, it’s “the holidays,” so as not to offend the 10% of Americans...Tags: Santa Claus, Religious Festivals, CVS Corporation, Holidays
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Looking beyond disastrous for stocks
South Florida Sun-SentinelIt's official: 2008 was the worst year since the Great Depression for stocks. With relief that the year is over and hope that the experience won't be repeated in the one beginning today, Wall Street closed the books on the biggest annual decline since...Tags: Wine, Beer, and Spirits, Anheuser-Busch, Consumer Confidence, Prices, AutoNation
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Ping pong for charity
A marketing publication of the Sun-Sentinel CompanyThe aqua and orange uniform he proudly wore for 11 years has been traded in for burgundy and gold, and the number 99 he made famous has been changed to 55. But one aspect of Jason Taylor hasn't changed: his commitment to the youth of South Florida. On...Tags: Jeff Conine, Football, Shawn Wooden, Miami Dolphins, National Football League
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Office Depot Foundation donates 2,400 Thanksgiving turkeys
A marketing publication of the Sun-Sentinel CompanyFor the eighth consecutive year, deserving individuals and families in a number of Palm Beach County communities were able to enjoy a special Thanksgiving dinner with the help of the Office Depot Foundation. On Nov. 24, the Foundation delivered 2,400... -
Springs considers preferred parking for 'green' vehicles
Forum Publishing GroupCoral Springs is getting ready to reward people in the community who purchase green vehicles. The city attorney is now putting together an ordinance that will give drivers of eco-friendly vehicles preferred parking spaces for buildings within the city....Tags: IKEA, Fires, Fuel-efficient Vehicles, Road Transportation, Vehicles
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Commercial property forclosures expected to be next wave in recession
South Florida Sun-SentinelSouth Florida's residential and commercial real estate markets suffered in 2008, and the new year doesn't figure to offer much relief. Although home sales started picking up this summer, the beleaguered housing market has been hammered by foreclosures...Tags: Pembroke Pines, Financially Distressed Companies, Gold Coast, Financial and Business Services, Property
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Florida news briefs
Forum Publishing GroupVisit the Tree Zoo The Deerfield Beach Arboretum, 2841 W. Hillsboro Blvd., offers free guided tours each Friday at 10 a.m. The Tree Zoo is nine acres of trees and plants, and offers 200 species from around the world. These trees are displayed on a half-...Tags: Wachovia Corp., Boynton Beach, State Budgets, Energy Saving, Pompano Beach
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Speedy holiday greetings
757-247-4538++++++++++++++++++++ || Zach Luigs holds up the first Christmas card he's drawn at his school, Windsor Elementary. His enthusiasm was part of the inspiration for his mother's idea to have classmates create holiday greetings to be sent to servicemen and...Tags: Vehicles, Motor Racing, Armed Forces, Santa Claus, Charity
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Carl Edwards gets wedding assist from sponsor Office Depot
The Business of Sports | Sun-Sentinel BlogsNASCAR driver Carl Edwards carried a marriage proposal on the back of his No. 99 Office Depot Ford Fusion during the NASCAR Sprint Cup Series All-Star Race in Charlotte in May. The proposal was part of a contest sponsored by......Tags: Motor Racing, Jimmie Johnson, Marriage, Family, NASCAR
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The greening of NASCAR
The Business of Sports | Sun-Sentinel BlogsNASCAR, by its very nature, is the anti-green sport: fuel, fast cars, tires upon tires. But that doesn???t mean efforts aren???t being made to recycle and cut down on printing. Going to Homestead-Miami Speedway this weekend for Ford Championship Weekend?....Tags: Vehicles, Motor Racing, Schools, High Schools, NASCAR
Jan 4, 2009
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