| Business Summary | | Office
Depot,
Inc.
and
its
subsidiaries
supply
office
products
and
services
throughout
the
world.
The
Company
sells
to
consumers
and
businesses
of
all
sizes
through
the
Company's
three
business
segments:
North
American
Retail
Division,
Business
Services
Group
and
International
Division.
Businesses
in
the
Company's
industry
primarily
sell
three
broad
categories
of
merchandise:
general
office
supplies,
technology
products
and
office
furniture.
Office
products
distributors
include
contract
stationers
(selling
at
discounts
from
list
prices
to
their
contract
customers),
mail
order
companies
(selling
through
catalogs)
and
retailers
(including
office
superstores
such
as
the
ones
the
Company
operate).
Internet-based
companies
have
also
emerged
as
a
channel
in
this
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ODP
operates
a
chain
of
retail
office
products
stores,
provides
delivery
of
its
products
in
the
U.S.
and
Canada
to
store
and
catalog
customers,
and
is
a
full-service
contract
stationer
serving
businesses
throughout
the
U.S.
For
the
26
weeks
ended
6/30/01,
revenues
fell
2%
to
$5.57
billion.
Net
income
fell
41%
to
$98.3
million.
Revenues
reflect
a
decrease
in
comparable
store
sales.
Earnings
reflect
also
a
decrease
in
gross
profit
and
increased
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Fuente, 55 Chairman | $1.3M | M. Bruce Nelson, 56 CEO,
Director | 1.4M | Rick Lepley Pres, Office Depot Japan | -- | Jerry Colley, 48 Pres,
North American Retail Stores | -- | David Fannin, 55 Exec.
VP, Gen. Counsel, Sec. | -- | Dollar amounts are as of 30-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|