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Office Depot

Office Depot, Inc. was established in 1986. It’s one of the world's largest sellers of office products and an industry leader in every distribution channel, including stores, direct mail, contract delivery, and the Internet and business-to-business electronic commerce. Office Depot Inc. is a publicly traded company having a good stock performance result. It’s a fortune 500 stock listed company trading under ODP.
With annual sales of over 14 billion dollars, Office Depot provides more office products and services to more customers in more countries than any other company. Office Depot conducts business in 23 countries and employs 47,000 people worldwide. The Company operates under the Office Depot, Viking Direct, Viking Office Products, Guilbert, and Tech Depot brand names.
Office Depot is top in every distribution channel from retail stores and contract delivery to catalogs and e-commerce. With over 3.1 billion dollars in online sales, the Company is the world's number three Internet retailer. As of October 19, 2005, Office Depot has 1,009 retail stores in North America. Internationally, the Company conducts wholly-owned operations in 14 countries, and operates retail stores under joint venture and license arrangements in another seven countries.
Office Depot, Inc. supplies a variety of office products and services worldwide. It sells a line of merchandise, including brand name and private brand office supplies, computer software, business machines and computers, office furniture, and other business-related products and services. The company also offers printing, mailing, reproduction, shipping, and other services, through its copy and print centers. Further, Office Depot resells other manufacturer’s branded items, such as ink, paper, toner, and technology products. The company provides its products and services through office supply stores, catalogs and call centers, direct mail catalogs, Internet sites, contract sales forces, and retail stores, in addition through international joint venture and licensing agreements.
Office Depot recorded revenues of 13,564.7 million dollars during the fiscal year ended December 2004, an increase of 9.8 percent over 2003. This increase was mainly due to higher revenues from the international division. During fiscal 2004, the company recorded an operating profit of 530 million dollars, an increase of 13.7percent over 2003. The company's net profit during the year 2004 was 335.5 million dollars, a 22.7 percent increase over 2003.

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