|By PR Newswire||
|August 4, 2014 02:30 PM EDT||
NEW YORK, Aug. 4, 2014 /PRNewswire/ -- Over the years the internet has greatly impacted the shopping habits of consumers by offering the same products at lower prices mostly due to lower overhead costs. Unsurprisingly, the $230 billion office supply market is not immune to this change. Further weighing on this industry are lower computer sales, changing workplace behavior, and increasingly advanced technology and mobile use. Despite the evolving landscape, some companies are adapting to these changes. One such company is Office Depot, whose recent merger with OfficeMax at the end of 2013 allows it to better compete in the marketplace.
Office Depot, Inc. (NYSEMKT: ODP) is a global supplier of office products and services to consumers and businesses of all sizes. The company divides its business into three reportable segments: the North American Retail Division, the North American Business Solutions Division, and the International Division. In total, ODP sells to customers in more than 57 countries throughout North America, Europe, Asia/Pacific, and Latin America using their online presence and network of over 2,000 retail stores. The company also provides copying, printing, digital imaging, reproduction, mailing, shipping, and other services.
A full in-depth analyst report on ODP that includes risk factors, industry review, financial position, potential revenues, review of current business model, competition breakdown, analyst summary, price valuation and recommendation can be viewed by using the following link at no cost:
Copy and paste to browser may be required.
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Michael Maggi, Chartered Financial Analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.
A full disclaimer can be found by viewing the full analyst report.
If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected]. For any urgent concerns or inquiries please contact us at [email protected].
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.
Oct. 23, 2016 05:30 PM EDT Reads: 815
Oct. 23, 2016 05:30 PM EDT Reads: 2,844
Oct. 23, 2016 05:00 PM EDT Reads: 1,227
Oct. 23, 2016 05:00 PM EDT Reads: 831
Oct. 23, 2016 05:00 PM EDT Reads: 733
Oct. 23, 2016 04:45 PM EDT Reads: 2,399
Oct. 23, 2016 04:30 PM EDT Reads: 1,314
Oct. 23, 2016 04:30 PM EDT Reads: 798
Oct. 23, 2016 04:15 PM EDT Reads: 1,473
Oct. 23, 2016 03:30 PM EDT Reads: 1,471
Oct. 23, 2016 03:30 PM EDT Reads: 1,520
Oct. 23, 2016 03:15 PM EDT Reads: 1,582
Oct. 23, 2016 03:15 PM EDT Reads: 1,534
Oct. 23, 2016 03:00 PM EDT Reads: 34,035
Oct. 23, 2016 02:30 PM EDT Reads: 1,370