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Press release from Business Wire

Office Depot Delivers Holiday Early for Small Business Shoppers and Business Gifters

<p class='bwalignc'> <i>Reacting to Behavioral Insights, Office Supplier Beating Competitors to Market with</i> <i>Convenient Shopping Experience and Customizable Gifting Options In-Store & Online</i> </p>

Wednesday, October 23, 2013

Office Depot Delivers Holiday Early for Small Business Shoppers and Business Gifters

09:00 EDT Wednesday, October 23, 2013

BOCA RATON, Fla. (Business Wire) -- Office Depot, Inc. (NYSE: ODP), a leading global provider of office supplies and printing services, is one of the first retailers to offer 2013 holiday items for an early-season wave of small business shoppers. Shopping trends confirmed through the 2012 Small Business Index (SMBI) revealed that small businesses begin shopping for client and staff holiday gifts as early as October, and 2013 SMBI data shows that gift cards and gift baskets are among the most anticipated gifts for this holiday season.

“We know that small business owners are doing their holiday shopping early and want to do it in a way that's convenient for them,” said Bob Moore, Executive Vice President and Chief Marketing and Merchandising Officer for Office Depot. “This is the first time in Office Depot's history that we have shifted our holiday offerings to this early in the season, and we are doing it to meet a specific need. Now small business owners can plan ahead and cross items off their to-do lists before the holidays even begin.”

In anticipation of small business holiday shopping rush, Office Depot is stocking its shelves with something for everyone in the office this season. From clients to staff members to executives, small business owners take care of all gifting needs in the very same place they're already taking care of their day-to-day business supply needs.

Small business owners who want to give the gift of personalization can find the perfect gift to represent their business with Office Depot's many customizable holiday gifting items. From desk calendars and planners to custom gift baskets, coffee mugs and phone and tablet covers, knowledgeable Office Depot Copy & Print Depot store associates are at the ready this season to help create unique and memorable gifts. Plus, Office Depot's new omni-channel offerings make it a cinch to order items online and pick them up in-store or have them delivered.

For tech-lovers, Office Depot's new mission of “connecting what is cool” has the retailer focused on bringing innovative, user-friendly and stylish products:

  • Polk Audio UltraFit 1000 Headphones, Black/Red ($49.99)

Control your music or take a phone call with 3-button in-line controls and a built-in microphone, convenient for iPhone® or MP3 player use. Moisture-shield technology deflects and resists moisture for safe use during workouts.

  • X-mini UNO Capsule Speaker ($39.99)

Ceramic drivers deliver impressive sound with the X-mini UNO Capsule Speakers, and daisy-chain multiple X-mini speakers broaden your sound.

  • i.Sound BT-2000 Bluetooth Stereo Headset, Black ($69.99)

Answer phone calls and video chat with ease with the i.Sound BT-2000 stereo headset featuring a built-in microphone. An adjustable headband and padded cushions make for a comfortable fit.

Office Depot's selection of customizable gourmet food baskets makes the perfect gift for clients or staff:

  • Grand Gourmet Gift Basket ($34.99 each, minimum 12)

This gourmet gift basket is filled with delectable goodies like chocolate-filled peppermint drops, white chocolate and raspberry cookies and flatbread crisps.

  • PapaNicholas Coffee Premium Dutch Chocolate Hot Cocoa ($18.39)

Warm up those cold winter days with the gift of premium hot chocolate for chocolate enthusiasts.

Stylish new accessories from Office Depot will help to start the New Year off with an organized touch:

  • See Jane Work Desktop Organizer ($16.99)

This stylish desktop organizer holds files, papers, bills and small desk items to keep desktops clutter-free.

  • Ativa® Flip-Top USB Flash Drive with ReadyBoost™ ($14.99)

Save down in style with this bright and compact flash drive with ReadyBoost technology that increases your PC's memory and boosts overall performance.

Small business owners who want to give the gift of choice can also find something to meet their needs at Office Depot this holiday season. According to the Company's survey, thirty-seven percent of small businesses noted that the ability to find a variety of gift cards in one place was important. To match this need, Office Depot is offering a wide variety of gift card options for restaurants, entertainment and financial institutions. Available in various prices and designs, these gift cards can be purchased from Office Depot in-store and online for maximum convenience.

Office Depot offers packing services as well as shipping options from the United States Postal Service (USPS) and UPS. Plus, shoppers may purchase FOREVER® postage stamps in all store locations and online.

To learn more about Office Depot's holiday offerings, visit www.officedepot.com/holiday.

About Office Depot

Office Depot provides core office supplies, the latest technology, school essentials, copy & print services, cleaning & breakroom products, and furniture to consumers, teachers and businesses of all sizes through 1,614 worldwide retail stores, global e-commerce operations, a dedicated sales force, an inside sales organization, and top-rated catalogs. The Company has annual sales of approximately $10.7 billion, employs about 38,000 associates, and serves customers in 60 countries around the world.

Office Depot's common stock is listed on the New York Stock Exchange under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.

Zeno Group
Raquel Erwin, 212-299-8951
Raquel.Erwin@zenogroup.com

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