Company Profile For Office Depot, Inc.

Office Depot, Inc. is a global supplier of office products and services. The Company is organized into three business segments: North American Retail division, North American Business Solutions division and International division. Its 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, supported by its network of crossdocks, warehouses and delivery operations. In April 2008, Office Depot, Inc. and Reliance Retail Limited, a subsidiary of Reliance Industries Limited, announced that they have entered into a joint venture to provide office products and services to business customers in India. Office Depot, Inc. and Reliance also announced the acquisition of eOfficePlanet, one of the dealers of office products and services to corporate customers in India.

BRIEF: For the thirty nine weeks ended 26 September 2009, Office Depot, Inc.'s revenues decreased 19% to $9.08B. Net loss totaled $550.3M vs. an income of $60.1M. Revenues reflect lower income from North American Retail and Business Solutions divisions. Net loss reflects decreased gross profit, increased interest expenses and the absence of amortization of deferred gain on building sales. Office Depot,Inc.is a global supplier of office products.