“BizBox: Powered by Office Depot” Store Opens, Signaling the Next
Step in the Company’s Retail Transformation
BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 30, 2018--
Office Depot, Inc. (NASDAQ:ODP), a leading omnichannel provider of
business services, products and technology, today unveiled its market
makeover of 14 stores in Austin, Texas, including a flagship location –
“BizBox: Powered by Office Depot” – that integrate the company’s
recently launched BizBox offering into its retail locations. The
reimagined stores offer a first-of-its-kind suite of services for small
business owners offered both online and in-store, along with flex
workspaces in select stores. This is another step forward in the
company’s strategic transformation from a traditional office products
retailer to a broader business services platform.
BizBox is a one-stop-shop for entrepreneurs, offering end-to-end
services to help small to mid-sized businesses start and grow their
companies, including logo and website design, digital and social
marketing, full-service copy and printing, finance and accounting
services, payroll, HR, tech support, Centriq’s Asset Management software
and more. The stores in the Austin market will offer face-to-face,
one-on-one consultative support to help local businesses thrive.
A region ripe for growth, Austin serves as the first market for Office
Depot’s innovative approach to a personalized, more omnichannel customer
shopping experience. The company plans a phased approach to these
makeovers as this is the next evolution of its retail transformation.
The shift to a services-led retail shopping experience for customers
will continue to unfold in its 1,400 stores across the country.
“Today is a key inflection point in the company’s transformation from a
traditional office products retailer to a broader business services
platform,” said Gerry Smith, chief executive officer for Office Depot,
Inc. “Helping small and medium-sized business customers is core to our
identity, but the reality is that our customers’ needs have changed.
BizBox reflects our continued commitment to an omnichannel experience
that addresses the challenges small businesses are facing today.”
The Austin retail stores offer digital services as well as a selection
of traditional office products, and customers can expect a new look and
feel in the upgraded locations, including:
Open Floor Plan with Dedicated BizBox Consulting Hubs –
Entrepreneurs will have access to BizBox professionals and experts
on-site to help identify services suited to their unique needs,
streamlining operations and freeing up valuable time to focus on
innovation and growth.
In-Store Networking – Open seating areas will encourage
entrepreneurs to connect and discuss ideas and solutions alongside
Professional Tech Support in a Designated “Tech-Zone” –
Professional tech support will be available to assist customers with
everything from smartphone repairs to PC tune-ups, and more.
“As the ‘Silicon Hills’ of Texas, Austin is a strong market leader with
five percent more small to medium-sized businesses than similar markets,
boasting an estimated 2,400 new tech businesses in 2017 alone,” said
Kevin Moffitt, senior vice president and chief retail officer for Office
Depot, Inc. “Our research shows that Austin is the right market for us
to test this new omnichannel approach, and customers are already
impressed with how many ways we can partner with them and offer such a
variety of services and solutions.”
This new business services platform builds upon Office Depot’s
previously announced acquisition of CompuCom Systems, Inc. and strategic
investment in Centriq Technology, Inc.
For more information and to sign up today, visit bizbox.com.
To find the dedicated BizBox consultant near you in Greater Austin,
About Office Depot, Inc.
Office Depot, Inc. is a leading provider of office supplies, business
products and services delivered through an omnichannel platform.
The company had 2016 annual sales of approximately $11 billion, employed
approximately 38,000 associates, and served consumers and businesses in
North America and abroad with approximately 1,400 retail stores,
award-winning e-commerce sites and a dedicated business-to-business
sales organization – with a global network of wholly owned operations,
franchisees, licensees and alliance partners. The company operates under
several banner brands including Office Depot®, OfficeMax®, BizBox,
CompuCom®, Complete Office and Grand&Toy®. The company’s portfolio of
exclusive product brands include TUL®, Foray®, Brenton Studio®, Ativa®,
WorkPro®, Realspace® and Highmark®.
Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select
Market under the symbol “ODP.”
Office Depot, Foray, Ativa and Realspace are trademarks of The Office
Club, Inc. OfficeMax, TUL, Brenton Studio, WorkPro and Highmark are
trademarks of OMX, Inc. CompuCom is a trademark of CompuCom Systems,
Inc. Grand&Toy is a trademark of Grand & Toy, LLC in Canada. ©2018
Office Depot, Inc. All rights reserved. Any other product
or company names mentioned herein are the trademarks of their respective
View source version on businesswire.com: http://www.businesswire.com/news/home/20180130005966/en/
Source: Office Depot, Inc.
Office Depot, Inc.
Julianne Embry, 561-438-1451