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Office Depot was founded in October 1986 by F. Patrick Sher, Stephen Doughtery, and Jack Kopkin, who became the company's chairman and chief executive officer, the president, and executive vice president respectively. All three were formerly associated with Mr. HOW Warehouse, a home improvement company that Sher sold to Service Merchandise in 1983.
On August 18, 2020, User:UnitedStatesian moved Office Depot to The ODP Corporation. This made no sense because Office Depot, Inc. did not disappear; it is now a wholly-owned subsidiary of The ODP Corporation. If you go read the press releases, it's clear that The ODP Corporation was created as a holding company.
LONDON, Nov 11 (Reuters) - Women who work mostly from home risk seeing their careers suffer now that significant numbers of workers are returning to the office after the COVID-19 pandemic, Bank of ...
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. The first OfficeMax store, located in Mayfield Heights, Ohio. OfficeMax in Mexico City
1 Entry into management consulting at Boston Consulting Group: 1975–1977. 2 Management consulting at Bain & Company: 1977–1984. 3 Private equity at Bain Capital: 1984–1990. 4 Temporary return to Bain & Company: 1991–1992. 5 Back at Bain Capital for the rest of the 1990s. 6 Departure from business career: 1999–2002.
As of 2020, Home Depot is ranked #26 on the Fortune 500 rankings of the largest United States corporations by total revenue. For the Q2 of 2020, the company reported sales of $38.1 billion, which represented a growth of 23.4% from the same period, the previous year.
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