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About Office Depot:
Office Depot (NYSE: ODP) is a supplier of office products and services. The company’s selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, printing, document reproduction, shipping, and computer setup and repair.
An S&P 500 company, Office Depot generates revenues of over US $14 billion annually and has 42,000 employees worldwide. It is headquartered in Boca Raton, Florida. As of 2011, Office Depot is the third largest retailer of office supplies, behind Staples and OfficeMax.
Office Depot was founded by three partners: Stephen Dougherty, Pat Sher, and Jack Kopkin in 1986. They envisioned a warehouse-style store for office products where customers could purchase items in bulk for discounted prices. This concept lead to starting Office Depot, and the company opened its first store in Lauderdale Lakes, Florida in 1986. The company saw steady growth throughout the years, and opened the 1000th Office Depot North American retail store in Countryside, IL in 2005.