Are OfficeMax and Office Depot the same?
Are OfficeMax and Office Depot the same?
On February 20, 2013, an all-stock merger between Office Depot and OfficeMax was announced. The merger was completed on November 5, creating the largest U.S. office-supplies chain. The OfficeMax name continues to serve as a brand of The ODP Corporation.
Is OfficeMax and Staples the same store?
Staples merged with Office Max more than a year ago. It’s not the first time the pair have tried to get together.
How many OfficeMax locations are there?
OfficeMax has about 900 stores in the U.S. and Mexico.
How many Office Depot locations are there in the US?
In 2020, Office Depot had 1,154 retail and technology stores in operation throughout the United States.
Did Staples acquire Office Depot?
In 2016, Staples and Office Depot called off their merger after a federal judge issued an injunction temporarily blocking the $6.3 billion deal over antitrust concerns. Staples previously tried to acquire Office Depot in 1996. But the deal was called off after regulators raised antitrust concerns.
Who is bigger Staples or Office Depot?
Staples had more than 1,300 locations, while Office Depot had more than 1,500 following its merger with OfficeMax several years prior. Both, though, had committed to closing down locations. Today, Staples has 1,068 locations, and Office Depot has fewer than 1,250.
Did Office Depot get bought out by Staples?
Did Office Depot and Staples merge?
Staples and Office Depot have tried tie-ups before in hopes of gaining scale and becoming the country’s singular office supply store. But the retailers abandoned efforts to combine in a $6.3 billion deal in 2016 after the Federal Trade Commission sued to block the proposed merger on antitrust grounds.
Does Staples Own Office Depot?
Who is the owner of Officemax?
The ODP CorporationOfficeMax / Parent organization
Why is Staples going out of business?
Staples, the world’s largest office supply chain, will close 140 locations this year due to increased competition from online retailers. The company closed 80 outlets within North America in the fiscal second quarter.
