The ODP Corporation Embarks on a New 10-Year, $1.5B Transformative Partnership with Nationally Recognized Strategic Reseller
06 November 2024 - 1:00PM
Business Wire
Leading workplace solutions provider joins
forces with strategic reseller partner to enhance procurement
efficiency and deliver a curated customer experience
The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a
leading provider of products, services and technology solutions to
businesses and consumers, today announced a partnership with a
large, growing strategic reseller organization, offering quality
office, furniture, print, promotional and facility resource
solutions to large multi-site companies. This partnership, worth up
to $1.5 billion spanning a 10-year period, will leverage the
reseller provider’s expertise in creating custom, results-driven
e-commerce solutions and the Company’s extensive fulfillment
centers and delivery network.
“This collaboration enables a leader in reseller services to
leverage our comprehensive product and service offerings, national
distribution and award-winning e-commerce platform to service their
customers,” said David Centrella, EVP of The ODP Corporation and
President of ODP Business Solutions. “This partnership reflects our
commitment to providing solutions that address unique business
needs.”
“This partnership underscores ODP’s commitment to providing
value-added solutions that will help businesses and vendors thrive
in today’s competitive landscape,” said Nisha Brown, VP of
Marketing & Product Management at ODP Business Solutions.
“We’re excited about the opportunities this brings to our customers
and the broader business community.”
To learn more about The ODP Corporation, visit
theodpcorp.com.
About The ODP Corporation The ODP Corporation
(NASDAQ:ODP) is a leading provider of products and services through
an integrated business-to-business (B2B) distribution platform and
omnichannel presence, which includes world-class supply chain and
distribution operations, dedicated sales professionals, online
presence and a network of Office Depot and OfficeMax retail stores.
Through its operating companies Office Depot, LLC; ODP Business
Solutions, LLC; and Veyer, LLC, The ODP Corporation empowers every
business, professional, and consumer to achieve more every day. For
more information, visit theodpcorp.com.
ODP and ODP Business Solutions are trademarks of ODP Business
Solutions, LLC. Office Depot is a trademark of The Office Club,
LLC. OfficeMax is a trademark of OMX, Inc. Veyer is a trademark of
Veyer, LLC. ©2024 Office Depot, LLC. All rights reserved. Any other
product or company names mentioned herein are the trademarks of
their respective owners.
FORWARD LOOKING STATEMENTS – THE ODP CORPORATION
This communication may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements or disclosures may discuss goals, intentions
and expectations as to future trends, plans, events, results of
operations, cash flow or financial condition, or state other
information relating to, among other things, The ODP Corporation
(“the Company”), based on current beliefs and assumptions made by,
and information currently available to, management. Forward-looking
statements generally will be accompanied by words such as
“anticipate,” “believe,” “plan,” “could,” “estimate,” “expect,”
“forecast,” “guidance,” “expectations”, “outlook,” “intend,” “may,”
“possible,” “potential,” “predict,” “project,” “propose” “aim” or
other similar words, phrases or expressions, or other variations of
such words. These forward-looking statements are subject to various
risks and uncertainties, many of which are outside of the Company’s
control. There can be no assurances that the Company will realize
these expectations or that these beliefs will prove correct, and
therefore investors and stakeholders should not place undue
reliance on such statements.
Investors and shareholders should carefully consider the
foregoing factors and the other risks and uncertainties described
in the Company’s Annual Reports on Form 10-K, Quarterly Reports on
Form 10-Q, and Current Reports on Form 8-K filed with the U.S.
Securities and Exchange Commission. The Company does not assume any
obligation to update or revise any forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20241106480352/en/
Jennifer Robins Media Relations
Jennifer.Robins@theodpcorp.com
Tim Perrott Investor Relations Tim.Perrott@theodpcorp.com
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