office-depot.asia :: OFFICE DEPOT - Bureau Supplies - Office Management

Office Depot is one of the world's largest sellers of office products and an industry leader in every distribution channel, including stores, direct mail, contract delivery, the Internet and business-to-business electronic commerce.

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Refinements

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* Exclusive Brand - Office Depot

$4.69

Office Depot® Brand Paper Clips, No. 1 Regular, Silver, 10 Boxes Of 100 Clips Each
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$41.99

Office Depot® Brand Multipurpose Paper, 8 1/2" x 11", 20 Lb., 108 Brightness, 500 Sheets Per Ream, Case Of 10 Reams
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$6.29

Office Depot® Brand Clasp #90 Recycled Envelopes, 9" x 12", 28 Lb., Brown Kraft, Box Of 100
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$7.99

Office Depot® Brand Recycled Manila File Folders, 1/3 Cut, Letter Size, Box Of 100
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$35.99

Office Depot® Brand Copy Paper, 20 Lb., 104 Brightness, 8 1/2" x 11", 500 Sheets Per Ream, Case Of 10 Reams
More Exclusive Brand - Office Depot Office Supplies Products *

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* Exclusive Brand - Christopher Lowell

$30.59

Christopher Lowell 31-Day Bill Organizer, Medium Cherry
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$49.49

Christopher Lowell Concierge Desk Pad, 17 1/2" x 25", Brown
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$15.49

Christopher Lowell Concierge Letter Sorter, Brown
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$20.49

Christopher Lowell Concierge Letter Tray, Brown
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$49.49

Christopher Lowell IL Verona Desk Pad, 18 1/8" x 27 3/8", Black




* Bestsellers

$4.69

Office Depot® Brand Paper Clips, No. 1 Regular, Silver, 10 Boxes Of 100 Clips Each
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$35.99

Office Depot® Brand Copy Paper, 20 Lb., 104 Brightness, 8 1/2" x 11", 500 Sheets Per Ream, Case Of 10 Reams
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$6.29

Office Depot® Brand Clasp #90 Recycled Envelopes, 9" x 12", 28 Lb., Brown Kraft, Box Of 100
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$7.99

Office Depot® Brand Recycled Manila File Folders, 1/3 Cut, Letter Size, Box Of 100
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$41.99

Office Depot® Brand Multipurpose Paper, 8 1/2" x 11", 20 Lb., 108 Brightness, 500 Sheets Per Ream, Case Of 10 Reams

:

Integrity

We earn the trust and confidence of associates, customers, suppliers and shareholders by being open, honest and truthful in all that we do.

Innovation

With a culture of creativity and a thirst for intelligent risk-taking, we aspire to do what has never been done.

Inclusion

We approach all opportunities and challenges by respecting the diverse thoughts, beliefs, backgrounds, cultures and energies of all associates, customers and suppliers.

Customer Focus

We fuel our customers' dreams by anticipating and listening to their needs and passionately delivering on our promises. Failure is not an option, as we promise to "wow" on recovery.

Accountability

We are responsible for achieving and sustaining unprecedented results that create extraordinary value to our shareholders and stakeholders through personal commitment, sensible thrift, collaboration and shared leadership.

Description:

Our Contract business employs a dedicated sales force that services the office supply needs of medium-sized to Fortune 100 customers. These sales representatives build relationships with customers and provide them with information, business tools and problem-solving services. Contract customers can also shop on dedicated Web sites and in our retail locations while honoring their contract pricing. We also use telephone account management for outbound sales contacts with our customers.

International Division

Office Depot sells to customers in 43 countries throughout North America, Europe, Asia and Latin America either through wholly-owned entities, majority-owned entities or other ventures covering 35 countries, and through alliances in an additional eight countries. The International Division sells office products and services through direct mail catalogs, contract sales forces, internet sites and retail stores, using a mix of company owned operations, joint ventures, licensing and franchise agreements, alliances and other arrangements. The international direct channel was launched in 1990 with the start-up of operations in the United Kingdom. We now have catalog offerings in 14 countries outside of North America. In March 1999, we introduced our first international public internet site for consumers and businesses in the UK. Today, we operate over 35 separate web sites in the International Division.

In 2000, we launched the Office Depot contract channel in the UK and subsequently expanded the channel to four additional countries. We further expanded our contract start-up business in 2003 with the acquisition of Guilbert, S.A. Guilbert operations and customers have been fully integrated into the Office Depot operations since the end of 2006, and we no longer operate under the Guilbert trade name.

We are continuously assessing opportunities to expand our geographic footprint around the globe. During 2006, we acquired a controlling interest in Best Office in South Korea and a majority stake in AsiaEC, one of the largest suppliers of office products and services in China. Also in 2006, we increased our ownership interest to a majority stake in Office Depot Israel and acquired Papirius s.r.o., one of the largest business-to-business suppliers of office products and services in Eastern Europe.

At the end of 2007, the International Division operated, through wholly-owned or majority-owned entities, 148 retail stores in France, Japan, Hungary, Israel and South Korea. In addition, we participate under licensing and merchandise arrangements in 92 stores in South Korea and Thailand.

Since 1994, we have participated in a joint venture in Mexico. In recent years, this venture, Office Depot de Mexico, has grown in size and scope and now includes over 150 retail locations in Mexico, Costa Rica, El Salvador, Guatemala, Honduras, and Panama, as well as call centers and distribution centers to support the delivery business in certain areas. We provide services to the venture through management consultation, product selection, product sourcing and information technology services.

Including company-owned operations, joint ventures, licensing and franchise agreements, we sell office products through over 400 retail stores outside North America.


Delivering

Our actions speak louder than words. We are accountable: doing what we say we're going to do ? efficiently and on time.

Winning

We act with confidence. We're proud to win. We push ourselves to greater heights. And we don't settle for less than being the best.

Solutions

We listen to our customers and understand their needs. We offer products, services and innovative thinking that enable our customers to achieve success.

Inspire

Our inspiration is contagious and enables us to unleash creativity to help people achieve their goals. Our motivation and enthusiasm inspire others to succeed.


We combine our energy for work with our passion for life. We are creating a fuller, more enriched lifestyle. We share the desire to maximize human potential to achieve personal dreams.

Inhalt:

Shop office supplies, office products and office furniture at Office Depot. Paper, file folders, ink, toner and more. Huge selections, brands you trust, everyday low prices! Take Care of Business, shop today.

Office Depot is one of the world's largest sellers of office products and an industry leader in every distribution channel, including stores, direct mail, contract delivery, the Internet and business-to-business electronic commerce.

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Content:

Office Depot, Inc. is a global supplier of office products and services. The company was incorporated in 1986 with the opening of our first retail store in Fort Lauderdale, Florida. In fiscal year 2007, we sold $15.5 billion of products and services to consumers and businesses of all sizes through our three business segments: North American Retail Division, North American Business Solutions Division and International Division. Sales are processed through multiple channels, consisting of office supply stores, a contract sales force, an outbound telephone account management sales force, internet sites, direct marketing catalogs and call centers, all supported by our network of crossdocks, warehouses and delivery operations.


North American Retail

Our North American Retail Division sells a broad assortment of merchandise through our chain of office supply stores in the U.S. and Canada. We currently offer general office supplies, computer supplies, business machines and related supplies, and office furniture from national brands to our own private brands, which include Office Depot ®, Niceday™, Foray ®, Ativa ®, Break Escapes™, Worklife™ and Christopher Lowell™. Most stores also contain a design, print and ship center offering graphic design, printing, reproduction, mailing, shipping, and other services.

In recent years, we have developed a new store format that we call "M2." This design is intended to enhance the overall shopping experience for customers by providing improved lines of sight, more effective product adjacencies and updated signage and lighting, while lowering overall operating costs. This format is being used for all new store openings and remodels. In 2007, we remodeled 177 stores, and we expect to remodel all remaining stores over the next few years.

Our North American Retail Division currently operates over 1,200 office supply stores throughout the U.S. and Canada. The largest concentration of our retail stores is in California, Texas and Florida, but we have broad representation across North America. We plan to continue our store expansion by adding approximately 75 additional stores in 2008.

North American Business Solutions Division

We provide office supply products and services directly to businesses through our delivery operations in the U.S. and Canada. In 1998, we expanded our catalog business and strengthened our international operations through our merger with Viking Office Products ("Viking"), a company that sold from catalogs and operated customer call centers in the United States and in several European and Asian countries. In 2006, we stopped marketing the Viking brand in the United States, although we continue to use it for direct marketing to customers in our International Division.

In 2006, we acquired Allied Office Products, an independent dealer of office products and services. This acquisition strengthened our position in the Northeastern part of the United States while bringing us expertise and relationships in the important vertical markets of healthcare and legal. Integration of this acquisition was completed early in 2007. Additionally, in 2007, we acquired Axidata Inc., a Canada-based office products delivery company.

Our North American Business Solutions Division sells branded and private brand products and services by means of a dedicated sales force, through catalogs and electronically through our internet sites. We strive to ensure that our customers' needs are satisfied through various channel offerings, and we continue to develop the people, systems and processes to enable us to meet those needs efficiently and effectively. Our direct business is tailored to serve small- to medium-sized customers. Our direct customers can order products from our catalogs, by phone or or through our public web sites.

Mores:

2007

* Opened first store in Puerto Rico
* Joined U.S. Green Building Council and announced plans to build and open the Company's first LEED (Leadership in Energy and Environmental Design)-certified retail store
* Office Depot UK earned Environment Award from the British Office Supplies and Services (BOSS) Industry Awards
* Selected as one of America's Top Corporations for Women's Business Enterprises by the Women's Business Enterprise National Council (WBENC) for the sixth consecutive year
* Opened new Global Sourcing Office in Shenzhen, China
* Named to the EPA's list of the Top 10 Retail Partners in the Green Power Partnership
* Viking Direct named Top Supplier of Office Paper in Europe by Opticom International Research
* Recognized as a Top Company for Female Professionals by National Association for Female Executives (NAFE)
* 300,000 backpacks donated by Office Depot Foundation to non-profit organizations and schools; 1.5 million donated since inception of program
* 52,000 associates


2006

* Announced $4.5 million in contributions to higher education
* Selected as one of America's Top Corporations for Women's Business Enterprises by the Women's Business Enterprise National Council (WBENC) for the fifth consecutive year
* Acquired Best Office Co., Ltd.
* Acquired Allied Office Products
* Acquired Papirius s.r.o.
* Acquired AsiaEC
* Named "Humanitarian of the Year" by Community Anti-Drug Coalitions of America (CADCA)
* Launched The Green Book™ in six countries
* Celebrated 20th anniversary
* Sales of $15 billion
* 50,000 employees


2005

* Steve Odland appointed Chairman and Chief Executive Officer
* Named Official Office Products Partner of NASCAR
* Sponsored the No. 99 Office Depot Roush Racing Car
* Relaunched the Taking Care of Business tagline
* First global office supply Company to be included in the FTSE4Good U.S. and Global Indexes
* Received "Outstanding Retailer" award from International Council of Shopping Centers and the U.S. Environmental Protection Agency
* Opened 1,000th store
* Listed on Companies That Care Honor Roll


2004

* First M2 format store opened in Venice, FL, June 30
* Neil Austrian appointed interim Chairman and Chief Executive Officer
* Partnered with Conservation International, NatureServe and The Nature Conservancy in establishing the Forest & Biodiversity Conservation Alliance
* Launched first free, nationwide in-store electronics recycling program and free, in-store cell phone and rechargable battery recycling program in all stores in the U.S. and Canada
* Released the industry's first independently audited Environmental Stewardship Report; first in industry to establish annual quantified environmental performance goals
* State of Florida, Office of Supplier Diversity- Corporation of the Year.
* Hispanic Network Magazine: Supplier Diversity, Best of the Best list (Nov/Dec 2004 issue)
* U.S. Chamber of Commerce Center for Corporate Citizenship honors Office Depot for Corporate Stewardship
* Powered 20 retail stores with renewable "Green Power" to reduce greenhouse gas emissions
* Listed on Companies That Care Honor Roll
* Sales of $13.6 billion
* 969 stores in North America
* 47,000 employees


2003

* Acquired Guilbert S. A., a leading European contract stationer. Acquisition doubled the size of the Company's European business
* First office supply superstore to offer fully-functional and comprehensive Spanish website
* Number two global online retailer with sales of $2.6 billion
* Launched Magellan, the most ambitious supply chain initiative in the Company's history
* Unveiled exclusive Christopher Lowell line of furniture and accessories, first in the industry to develop exclusive line
* Office for the Environment and Environmental Paper Procurement Policy established; Environmental Auditing and Verification policy for paper products released
* Envirocopy recycled paper receives environmental certification from Green Seal
* Implemented Ink and Toner Recycling program in stores nationwide
* Introduced "Green Book" Catalog
* Expanded Vendor Diversity Program to include internal procurement and re-launched the process as Supply Chain Diversity
* Women's Business Enterprise National Council . Applause Award
* BusinessWeek magazine listed Office Depot among the top corporate philanthropists in the U.S. on the basis of its in-kind donations
* Sales of $12.4 billion
* 900 stores in North America
* 46,000 employees


2002

* $2.1 billion in worldwide e-commerce sales
* Launched Web Café, an online, small-business seminar series
* Began Viking Direct catalog/direct mail operations in Switzerland, Spain and Portugal
* Expanded into Central America with new retail stores in Guatemala and Costa Rico through a joint licensing agreement
* Sold Australian operations
* Sponsorship of 2002 and 2004 U.S. Olympic Team announced
* Won naming rights for the sports and entertainment center in Sunrise, FL. Office Depot Center became the official home of the NHL Florida Panthers
* Superintendent Award - SHOPA Foundation for Educational Excellence
* Partnership Award - American Red Cross
* Corporation of the Year Award . Florida Minority Supplier Development Council
* Advocate of the Year - Florida Regional Minority Business Council
* E.V.I.E. award for corporate best practices - Professional & Business Forum (2002)
* In the 2002 Mercury Awards competition, Office Depot received Gold Awards for its 2002 Great Place to Work Campaign and for its fundraising campaign for City of Hope.
* Sales of $11.4 billion
* 861 Stores in North America
* 43,000 employees


2001

* Acquired 4Sure.com
* $1.6 billion in worldwide e-commerce sales
* Smart Business Magazine. OD was ranked in "Smart Business 50" for the second consecutive year.
* CIO Magazine - Winner of Annual Enterprise Value Award
* First annual Success Strategies Conference for women business owners
* Women's Business Enterprise National Council . named Office Depot as one of America's Top Corporations for Women's Business Enterprises, still listed as of 2005
* Florida Regional Minority Business Council - President's Award
* Office Depot partnered with Gifts In Kind to launch nationwide product donation program
* Inaugurated National Backpack Program providing free backpacks filled with school supplies to underprivileged children
* Sales of $11.2 billion
* 859 stores in North America
* 45,000 employees


2000

* Bruce Nelson appointed Chief Executive Officer
* Office Depot entered European contract stationer market with launch of the European Business Services Division
* Adopted strong commitment to corporate values of Respect for the Individual, Fanatical Customer Service and Excellence in Execution.
* CIO Magazine designated OD as the top-rated retail Company in the magazine's annual Enterprise Value Award, which honors the Company's powerful use of technology, technology innovation and industry leadership.
* Information Week selected OD as the top-rated retail Company in the magazine's 2000 list of the most innovative users of information technology in the US.
* PC Computing recognized OD as the online retailing leader and ranked the Company first on the magazine's Business E-shopping list for office supplies.
* Initiated "5% Back to Schools" Program
* Launched National Vendor Diversity Program
* DIV2000.com, a leading internet business portal, named OD as one of the top 50 US corporations dedicated to serving woman and minority-owned businesses, still listed as of 2004.
* Sales of $11.6 billion
* 888 stores in North America
* 48,000 employees


1999

* Sales exceed $10 billion, first in office supply industry to reach this milestone
* Launched first international website in March
* Business Services Group Sales surpassed $3 billion
* Domestic internet sales of close to $350 million
* Office Depot is included S&P 500 listing in June
* Internet Retailer . Office Depot ranked "Top 25 of the Web"
* Fortune Magazine . Office Depot named as one of "10 Companies that Get It"
* PC Computing ranks OD 10th in "Best 100, Top 10 Business to Business Companies"
* Entrepreneur Magazine . OD named in the "100 Top Web Sites for Entrepreneurs"
* CIO Magazine . Office Depot named in "Web Business 50/50"
* Sales of $10.3 billion
* 825 stores in North America
* 48,000 employees


1998

* Merged with Viking Office Products, the leading direct marketer of office products in Europe and Australia
* The Company's International Division operates under both the Office Depot and Viking brand names. By end of year, the Company owned and operated 15 stores in France and had 72 Office Depot locations in Colombia, Hungary, Israel, Japan, Mexico, Poland and Thailand through joint venture or international licensing agreements
* Under the Viking Office Products brand, the Company has direct mail and delivery operations in Australia, Austria, Belgium, France, Germany, Ireland, Italy, Luxembourg, the Netherlands and the United Kingdom.
* Over $1 billion in international sales
* Over 100 new store openings in North America, highest in the Company's history
* North American Retail stores sales exceed $5 billion
* Launched public website officedepot.com in January
* Office Depot's public website receives several prestigious Internet awards in its first year including : CIO Web Business 50/50, the Retail Network Innovation and Biz Rate Buyers Best Gold awards
* E-commerce sales totaled $66.5 million
* Sales of nearly $9 billion (8.99)
* 702 stores in North America
* 44,000 employees


1997

* Office Depot remains the largest supplier of office products in the world
* Continued international expansion by opening 21 new locations. Ended year with 45 international locations in eight countries, excluding the United States and Canada
* Designed the first public website to offer customers the convenience of "point and click" for all their office supplies needs
* Dilbert TM introduced as new print and broadcasting icon to be used in the Company's newspaper ads and inserts, catalogs, direct mail pieces, television commercials and online website
* Sales of $6.7 billion
* 602 stores in North America
* 35,000 employees


1996

* 10th Anniversary
* Announced plans to open the first Office Depot stores in Japan under a joint venture agreement
* Pioneered our first B2B e-commerce site
* Sales of $6 billion
* 570 stores in North America
* 31,000 employees


1995

* Leader in the office products industry
* 500th store opened in North America
* Opened stores in Mexico and Poland
* Continued international expansion by signing joint venture agreement to open stores in France and sign international licensing agreement to open store in Thailand
* Established Office Depot's Business Services Division
* Sponsored the First Office Depot Father & Son Challenge, a nationally televised golf tournament. Official sponsor of the U.S. Volleyball Team
* Introduced Arnold Palmer as the Company's spokesperson
* Introduced a Regional Vendor Diversity Initiative
* Sales of $5.3 billion
* 501 stores in North America
* 30,000 employees


1994

* Acquired six additional contract stationers in North America
* Commenced international expansion beyond North America by opening licensed Office Depot stores in Israel and Colombia.
* Announced retail joint venture agreement in Mexico and licensing agreement in Poland
* Launched sports and event marketing programs around the country
* Company raised more than $1 million for Junior Achievement, the Leukemia Society of America and the March of Dimes
* Sales of $4.3 billion
* 420 stores in North America
* 26,000 employees


1993

* Entered the contract stationer business via the acquisition of two leading contract stationers: Wilson Stationery & Printing Company and Eastman Office Products Corporation
* Miami Herald names Office Depot the Company of the Year in April
* Adopted corporate social responsibility program
* Established Office Depot Foundation to assist employees and members of the community at large in times of extreme hardship
* Sales of $2.6 billion
* 351 stores in North America
* 20,000 employees


1992

* Office Depot expanded operations in North America by acquiring The Great Canadian Office Supplies Warehouse Chain
* Industry leader in total sales, number of stores, and net earnings
* Sales of $1.7 billion
* 284 stores in North America
* 11,000 employees


1991

* Office Club merger completed in April
* Office Depot is the largest office products retailer in North America
* Office Depot listed on the NYSE under the symbol "ODP"
* Sales of $1.3 billion
* 228 stores in 29 states
* 9,000 employees


1990

* Merger with Office Club, Inc., signed on Dec. 20, 1990
* Office Depot private label credit card introduced
* 100th store opened in Sept.
* Personal computers and peripherals added to merchandise assortment
* Extensive line of recycled paper products introduced, initiating Company's environmental focus
* First delivery center opened
* Sales of $626 million
* 122 stores in 19 states
* 5,600 employees as of February 28, 1990


1989

* Sales of $315 million
* 67 stores in 12 states
* 3,500 employees


1988

* Initial public offering of common stock completed on June 1, 1988. Listed on the NASDAQ under the symbol "ODEP"
* Employee Stock Option Plan adopted
* Sales of $132 million
* 26 stores in seven states
* 1,600 employees


1987

* David I. Fuente appointed Chairman and Chief Executive Officer
* Sales of $34 million
* 10 stores in Florida and Georgia
* 800 employees


1986

* Office Depot Inc., founded in Florida by Pat Sher, Jack Kopkin and Stephen Dougherty
* Opened first store in Fort Lauderdale, FL in October
* Sales of $2 million
* Three stores in Florida

History:

Office Depot Today

Every day, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through more than 1,600 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.9 billion e-commerce operation. Office Depot has annual sales of approximately $15.5 billion, and employs about 49,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 43 countries.

Dramatic Growth Over 20 Years

While Office Depot is clearly a powerful organization today, the Company's beginnings were quite modest. Office Depot was founded in 1986 and opened its first store in Fort Lauderdale, Florida. In late 1987, David I. Fuente assumed the post of Chairman and Chief Executive Officer of the fledging company, and took Office Depot public in 1988. The Executive Team immediately began to execute an ambitious plan to expand the Company's footprint in key U.S. markets. The results were dramatic: By the end of 1990 Office Depot had 173 stores in 27 states. That same year, Office Depot announced its merger with The Office Club, Inc., becoming the largest office products retailer in North America.

Domestic growth, however, was only one aspect of Office Depot's expansion in the Company's early years; the management team had its sights set on penetrating international markets as well. Early 1992 marked the Company's acquisition of H.Q. Office International, Inc., which included the Great Canadian Office Supplies Warehouse chain in western Canada. Growing steadily, the Company also subsequently opened new retail stores in Israel and Colombia under international licensing agreements.

As Office Depot expanded geographically, the Company also began to extend beyond its traditional markets. In 1993, Office Depot entered the rapidly consolidating contract stationer business by acquiring two market leaders: Wilson Stationary & Printing Company and Eastman Office Products Corporation. The merger of six additional contract stationers followed these purchases during 1994. These moves positioned Office Depot to take advantage of industry trends that would come to play a central role in the Company's success.

In the meantime, Office Depot continued its steady international growth. Between 1995 and 1998, the Company opened stores in Poland, Hungary and Thailand under international licensing agreements and in Mexico, France and Japan under joint venture agreements. Later, the Company acquired the interests of its joint venture partners in both France and Japan.

In 1998, Office Depot merged with Viking Office Products, a public company and the world's leading direct mail marketer of office products. The addition of Viking to the Office Depot organization not only vastly expanded Office Depot's international presence, but also made the Company the leading provider of office products and services in the world.

That same year, Office Depot began to leverage the Internet aggressively, launching the first of a number of new Web sites, www.officedepot.com. The award-winning site established Office Depot as the industry's technology leader, expanded its domestic e-commerce capabilities, and ultimately extended the range of products and services the Company could offer its customers. The following year, the Company launched its first European e-commerce site, www.viking-direct.co.uk, in the U.K. By 2005, the Company had over 30 international Web sites. Worldwide e-commerce sales in 2004 totaled $3.1 billion.

As Office Depot grew larger and more complex, its management leadership needs changed. In 2000, David Fuente stepped aside, and Bruce Nelson was appointed Chief Executive Officer. The executive team's charge was challenging: To guide Office Depot at an exciting and defining time in the Company's evolution. The Company immediately undertook several new management initiatives geared to make Office Depot a more compelling place to work, shop and invest. With a careful focus on invigorating the Company's U.S. retail operations, expanding its international business, growing its best-in-class e-commerce business, and building a world-class warehouse and distribution network, the executive team gradually took Office Depot to the next level.

New Leadership Opens Exciting New Chapter in Company History

In 2004, Neil R. Austrian assumed the role of Interim Chairman and CEO. During that period, the Company restated its commitment to continue Office Depot's strategic direction to grow the business and improve financial performance. The Company proceeded to benefit from two consecutive positive quarters.

In early 2005 Office Depot launched a strategic marketing campaign which consisted of new advertising, brand positioning and the reintroduction of the Company's famous Taking Care of Business tagline. Office Depot next announced its multi-year agreement with NASCAR to become the sport's first-ever Official Office Products Partner, and the Company's sponsorship of Roush Racing's No. 99 Office Depot Ford Taurus driven by Carl Edwards in the 2005 NASCAR NEXTEL Cup race season.

Steve Odland was then named Chairman and CEO of Office Depot in March of 2005. Odland's significant retail experience and strong track record of improving operating performance were sited as defining reasons in his hiring. The executive team is now focused on driving profitable growth by exceeding the expectations of its customers, and building shareholder value by making Office Depot an industry leader in efficiency and productivity.

Officedepôt:

Supply Chain Diversity Program: Office Depot is committed to the economic development of the communities in which we work and live. This commitment is evident in our industry-leading multi-dimensional approach to small business development. Our Supply Chain Diversity Program assists Historically Underutilized Businesses (HUBs) in building community, business, and customer relationships that inspire organizational growth and empowerment within every aspect of our business. Office Depot is proud to offer the most comprehensive Supply Chain Diversity model of its kind, in order to give HUBs the best opportunities to grow and prosper. We actively seek out promising HUBs (Historically Underutilized Businesses, which include: Certified, Minority, Women, Disabled, Veteran, and Small [SBA 8(a), SDB, and HUB Zone] enterprises) to ensure equal opportunity in our supplier selection process. Our program is made up of three dimensions: Vendor Diversity, Supplier Diversity, and Tier One. The three dimensions of our Supply Chain Diversity Model have set the following standards to help us to measure and maintain the success of this process: * Enhance capabilities of HUB suppliers. * Expand the capacity of HUBs to compete more effectively. * Increase turnover of all HUB products. * Leverage efforts with other corporations to create large-scale HUB opportunities. * Increase market reach and density. * Increase purchases from HUBs. * Reduce buying costs of doing business for all suppliers and vendors.

Officedépot:

At Office Depot, we are committed to creating an inclusive environment where all people are valued and respected. Diversity is an important dimension of Inclusion, Innovation, and Customer Focus -- three of our core values -- and keys to our success in a global marketplace.
We take the following actions to achieve this policy:

* Recruiting a workforce that is reflective of the communities in which we do business.
* Providing a work environment based on honesty and mutual respect.
* Ensuring that all people related decisions are made objectively, based on merit.
* Utilizing a base of diverse suppliers.

Managers at all levels are accountable for implementing action plans to achieve these goals.

Officedépôt:

Commitment to a Diverse Workforce * We employ a diverse workforce reflective of the communities in which we do business * We provide equal opportunity and encourage all employees to develop to their full potential * We appreciate the importance of a diverse workforce at the highest levels of management * We embrace new ideas and perspectives and respect individual differences * We do not tolerate harassment of any sort. Serving Diverse Communities * We reach out to entire communities through our corporate citizenship efforts * We focus on the health, education and welfare of all children through outreach and involvement * We support diverse organizations and causes with funding, product donations and volunteerism Fostering a Diverse Vendor Network * We continually increase and strengthen our vendor diversity network to reflect the global marketplace * We support our minority-owned suppliers to assist their growth so we can thrive together * We partner with organizations committed to building diverse business ownership This unwavering commitment to diversity enables us to be an employer of choice, serve the needs of all of our customers and stand as valued corporate citizens in the communities in which we do business. It is an essential element of achieving our vision to be a compelling place to work, shop and invest.