BOCA RATON, Fla.--(BUSINESS WIRE)--Sep. 9, 2015--
Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office
products, services and solutions and parent company of Office Depot
and OfficeMax, found that small- and medium-sized businesses (SMBs) cite
office supplies as their top investment for the second half of 2015. SMB
owners believe office supplies fuel business operations and produce
feelings of productivity and control, helping them “gear up for great.”
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According to Office Depot’s Small Business Index, the top three SMB
investments for the second half of 2015 are:
Office gear (31%),
Payroll and salaries (25%), and
Advertising and marketing (22%).
“At Office Depot, we realize it’s important for SMBs to make the right
investments to stay nimble and lean,” said Steve Calkins, executive vice
president, business solutions division for Office Depot, Inc. “Whether
it’s paper and pens or computers, we make it easy to equip SMBs with
tools that maximize efficiency and help them achieve success.”
Beyond fueling business operations, the survey found that office
gear makes SMB owners feel:
Productive – computers (52%), ink and toner (46%), and printers and
fax machines (45%);
Creative – markers (30%); and
In control – highlighters (14%) and envelopes (11%).
Patrick Whalen, an SMB owner in Charlotte, North Carolina, understands
the value of being equipped with the right office gear, and he
underscores the contributions these items make to his daily routine.
“They enable you to do your job,” Whalen asserted. “Have you ever tried
to live a day without a stapler? It’s impossible.”
Despite technology’s prevalence in the work place, 42% of SMBs say that
paper is their favorite office gear, while another 26% say pens are
their front runner. However, technology earns a nod, with 39% preferring
ink and toner and 20% listing computers
(desktops and laptops) as their fourth most desired supply.
To keep business running smoothly, SMBs also turn to office gear to get
organized. Supplies like office essentials (51%), sticky notes (50%),
legal pads (41%) and labels (40%) are popular among SMBs for
organization, yet the majority (65%) say file folders are their
favorite. While they may stock up on different gear to get organized,
most SMB owners (60%) agree – they experience a sense of accomplishment
when purchasing office supplies.
For more small business resources, success stories and tips, visit
Office Depot’s Business Solutions Center at solutions.officedepot.com.
Survey Methodology/Sample Qualifications
From June 11-23, 2015, Office Depot conducted interviews via the
Internet among a nationally representative sample of 964 small- and
About Office Depot, Inc.
Office Depot, Inc. is a leading global provider of products, services,
and solutions for every workplace – whether your workplace is an office,
home, school or car.
Office Depot, Inc. is a resource and a catalyst to help customers work
better. We are a single source for everything customers need to be more
productive, including the latest technology, core office supplies, print
and document services, business services, facilities products,
furniture, and school essentials.
The company has annual sales of approximately $16 billion, employs
approximately 56,000 associates, and serves consumers and businesses in
56 countries with approximately 1,800 retail stores, award-winning
e-commerce sites and a dedicated business-to-business sales organization
– all delivered through a global network of wholly owned operations,
joint ventures, franchisees, licensees and alliance partners. The
company operates under several banner brands including Office Depot,
OfficeMax, OfficeMax Grand & Toy, Reliable and Viking. 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. Additional press information can be found
View source version on businesswire.com: http://www.businesswire.com/news/home/20150909005045/en/
Source: Office Depot, Inc.
Office Depot, Inc.
Sarah England, 561-438-1448