The ODP Corporation
The ODP Corporation
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About The ODP Corporation
The ODP Corporation is a leading provider of business services, products, and digital workplace technology solutions. Operating through an integrated business-to-business (B2B) distribution platform and omnichannel presence, the company offers a comprehensive suite of solutions designed to empower businesses, professionals, and consumers to achieve more every day.
Key Operating Segments
The company operates through three main segments:
- Office Depot: An omnichannel retailer assisting small business owners, home office workers, teachers, parents, and students. It provides office supplies, furniture, technology products, and business services.
- ODP Business Solutions: Offers workplace and technology solutions tailored to businesses of all sizes. Its product range includes office supplies, furniture, technology products, and business services.
- Veyer: Specializes in supply chain, sourcing, and purchasing services offering distribution, fulfillment, transportation, global sourcing, and purchasing solutions to enhance operational efficiency and cost-effectiveness.
Headquarters and Locations
The ODP Corporation is headquartered in Boca Raton, Florida.
It operates a network of Office Depot and OfficeMax retail stores across:
- The United States
- Puerto Rico
- The U.S. Virgin Islands
- Fort Collins, CO, USA
- Long Beach, CA, US
The company also maintains an online presence through its e-commerce platforms, providing convenient access to its products and services.
Recent Developments
In April 2023, The ODP Corporation completed the sale of its corporate headquarters in Boca Raton, Florida, for approximately $104 million. The company continues to lease part of the building for a minimum of two years, maintaining its operational presence in the area.
Workforce and Stock Information
As of March 2025, The ODP Corporation employed approximately 19,524 individuals, reflecting its significant role in the business services and office supply industry.
The company’s stock is publicly traded on the NASDAQ under the ticker symbol "ODP" and is included in the Russell 2000 index, highlighting its position as a notable player in the specialty retail sector.