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"It’s not your common graduation, but at the same time, it’s like, ‘Hey, after a pandemic, after this past year and a half, I’ll take it,’" Jeyra Rivera Arocho said after she walked across the stage Saturday.
Office Depot Parent to Split B2B and Retail Operation Office Depot competitor Staples still wants to buy Office Depot’s retail business. May 7, 2021 Francis Scialabba Breakups are hard, but sometimes they’re for the best. ODP, Office Depot’s parent company, is splitting its retail and B2B divisions and creating a new company dubbed NewCo. ODP’s retail operations will include roughly 1,100 Office Depot and OfficeMax stores and the company’s e-comm website. NewCo will operate the office supply distribution units. Why the move? ODP’s retail business has struggled as office supply...
ODP Corp. ODP Corp., the holding company for Office Depot-Office Max, announced Wednesday that it will split the company into two separate, publicly-traded companies — one for its retail consumer and small business products and one for its distribution operations — in the first half of next year. Amid an acquisition pursuit by rival office supplies giant Staples, ODP said its board of directors unanimously approved the separation plan that will allow the two companies to "pursue market opportunities, accelerate growth and unlock significant value for shareholders and all stakeholders." Up...
ODP Corporation To Separate Into Two Companies WASHINGTON (dpa-AFX) - The ODP Corporation (ODP) plans to separate into two independent, publicly traded companies, the company said in a statement. ODP will provide retail consumer and small business products and services through nearly 1,100 Office Depot and OfficeMax retail locations and via online at officedepot.com. The 'NewCo' will be a B2B solutions provider including ODP's business solutions division contract business, regional office supply distribution businesses, and Grand & Toy. NewCo will also own the company's newly formed B2B digit...
Press release content from Business Wire. The AP news staff was not involved in its creation. The ODP Corporation Announces First Quarter 2021 Results May 5, 2021 GMT BOCA RATON, Fla.--(BUSINESS WIRE)--May 5, 2021-- The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores, today announced results for the first quarter ended March 27, 2021. Consolidated 1Q21 (13)% (2) ADVERTISEMENT Total r...