In the retail category, the office supply company holds the top three slots in the contest, posting average energy savings of $5,700 per store.
BOCA RATON, Fla. -- Office Depot (NYSE: ODP) announced that Charlie Brown, President, International Division, is leaving the organization effective today. “Charlie Brown was terminated for having an improper relationship with another associate,” said Neil Austrian, Office Depot’s Chairman and Chief Executive Officer. “The company has a zero tolerance policy in this regard. Our business leadership in Europe and Asia will now report to me, and Mike Newman, Executive Vice President and Chief Financial Officer, will assume responsibility for our joint venture with Office Depot de Mexico as well as our overall Latin American development.” About Office Depot
Irvine, Calif. -- Pet retailer Passionate Pets said Thursday it has named Keith Martin, former senior VP operations at Petco, to its board of directors. The company also named Todd Peterson, CPA at KSNE2 Enterprises, to the board. The company is preparing for an IPO and, according to its president and CEO John Dunn, who worked with Martin at both Petco and Office Depot, the pair is expected to help lead Passionate Pet through the IPO stage.
Office Depot is expanding into the Caribbean as part of its franchise agreement with Benmore International. The company has opened a store in Santo Domingo, Dominican Republic. It plans to open three additional locations in the Dominican Republic in 2012.
Office Depot has launched a national back-to-school mobile campaign that was developed by Momentum, using SpyderLynk’s 2-D mobile barcode SnapTag technology.
Office Depot announced the release of a new iPhone app designed specifically for its contract customers. The Office Depot Business Solutions mobile application has been specifically designed to bring the brand’s B-to-B website to procurement and administrative professionals within a smartphone device.
It’s no secret that U.S. retail sales collapsed in 2008 and 2009 because of the recession. But several of the largest retailers consistently performed poorly between 2005 and 2010 for reasons that go beyond the recession.
Lacking major shopping holidays and chock-full of vacations and down time, retail's second quarter can be a sluggish sales period for even the most successful retailers. Nevertheless, retailers offering both everyday staple items (supermarkets, drugstores and auto parts) were able to achieve impressive same-store sales increases, taking several spots among the top-performing Q2 retailers. The Bottom 5 list indicates trouble for retailers offering consumer electronics, at least during this non-holiday period. Best Buy and RadioShack both made the list, as did Office Depot, which offers computers and consumer electronics along with office supplies. Following are the Top and Bottom