Experts blame a pending acquisition and changing consumer habits for the company's ongoing cost-cutting initiatives.
-The ODP Corporation, which owns office supply retailers Office Depot and OfficeMax, agreed to be taken private by an affiliate of Atlas Holdings for approximately $1 billion, the companies said on ...
With its pending $1 billion acquisition by Atlas Holdings, the ODP Corp. ends nearly seven years of multiple reorganizations in an attempt to realize value from retail and business-to-business ...
ODP, the parent company of Office Depot and OfficeMax, has agreed to be acquired and taken private by an affiliate of Atlas Holdings for $28 a share in cash, or $842.2 million based on its shares ...
AI-generated summary reviewed by our newsroom. Read our AI Policy. Office Depot will close its Falls of Neuse Road location on Saturday, June 21. This is the second Triangle Office Depot to close ...
The e-commerce shift saw shoppers move over to Amazon and Walmart online for office supplies, while less demand saw remote ...