Office Depot, Inc. announces the appointment of Gerry P. Smith as new CEO

BOCA RATON, Fla., 2017-Jan-31 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office supplies and services, today ( January 30, 2017) announced that its Board of Directors has appointed Gerry P. Smith as Chief Executive Officer of the company, effective February 27, 2017. Gerry Smith will succeed current CEO Roland Smith, […]

The AURELIUS Group to acquire Office Depot’s European business

BOCA RATON, Fla., 2016-Sep-26 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP) today (September 23, 2016) announced that it intends to sell its European business to The AURELIUS Group. Office Depot had previously disclosed its intention to explore strategic alternatives regarding its European business, under a process that began earlier this year. “The sale […]

Office Depot CEO Roland Smith announces plans of retirement

BOCA RATON, Fla, 2016-Aug-24 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP) today (August 22, 2016) announced that Roland Smith plans to retire as Chief Executive Officer of the company. Smith will continue to serve as CEO until a successor is named, which is expected by the end of first quarter 2017. It is expected […]

Office Depot to receive $250 million from Staples

Will Receive $250 Million Termination Fee from Staples Executes $1.2 Billion Five-Year Extension to its Credit Facility Finalizing Comprehensive Business Review BOCA RATON, Fla., 2016-May-18 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP) today announced that the merger agreement between Staples, Inc. (NASDAQ: SPLS) and Office Depot has been terminated. As a result, Office […]

Office Depot on Staples Merger: As the Staples merger process comes to an end we look forward to re-energizing our business

BOCA RATON, Fla., 2016-May-16 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP) today issued the following statement from Chairman and Chief Executive Officer Roland Smith after the U.S. District Court in the District of Columbia granted the Federal Trade Commission’s (FTC) request for a preliminary injunction to block the proposed merger of Staples, […]

Merger: Staples and Office Depot certified substantial compliance with the Request for Additional Information from US FTC

FRAMINGHAM, Mass. and BOCA RATON, Fla., 2015-9-2 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) today announced that they have certified substantial compliance with the Request for Additional Information (the “Second Request”) from the United States Federal Trade Commission (“FTC”) regarding the proposed merger between Staples and Office […]