ODP

The ODP Corporation Completes Realignment of Operating Business Entities to Better Serve Customers

Retrieved on: 
Tuesday, June 21, 2022

That separation process had been put on hold earlier this year pending evaluation of potential opportunities to divest the Companys consumer business.

Key Points: 
  • That separation process had been put on hold earlier this year pending evaluation of potential opportunities to divest the Companys consumer business.
  • Veyer procures and distributes products for both Office Depot, LLC and ODP Business Solutions, LLC, as well as third-party customers.
  • Completing the realignment of our operating businesses enables our dedicated management teams to focus on meeting their respective customers needs and implement channel specific go-to-market strategies.
  • Moreover, because of the current scaling benefits derived from operating under The ODP Corporation holding company structure, Office Depot, ODP Business Solutions, Veyer and Varis are better together as a value creating enterprise at this time.

L.L.Bean is Back "On the Grid" with a Sharpened Focus on the Power of the Outdoors

Retrieved on: 
Thursday, June 9, 2022

FREEPORT, Maine, June 9, 2022 /PRNewswire/ -- Iconic outdoor retailer L.L.Bean is officially back online after going "off the grid" for one month in recognition of Mental Health Awareness month. But more than a return to social media, the brand is returning with a sharpened focus on inspiring and enabling people to experience the restorative power of the outdoors. This includes proprietary research with University of California Irvine (UCI) Associate Professor of Psychological Science Dr. Paul Piff exploring the benefits of time outdoors, as well as new and continued charitable partnerships with the Boys and Girls Clubs of America, Mental Health America, and OUT There Adventures.

Key Points: 
  • But more than a return to social media, the brand is returning with a sharpened focus on inspiring and enabling people to experience the restorative power of the outdoors.
  • This is why we spent the last month off social media and prioritizing time outside," said Shawn Gorman, Executive Chairman and great-grandson of L.L.Bean.
  • Bean continues to uphold the values of its founder, including his dedication to quality, customer service and a love of the outdoors.
  • Bean donated over $6 million to 100+ outdoor and community-enriching organizations, many of which focus on increasing access to outdoor spaces.

On Demand Pharmaceuticals Announces Preferred Supplier Relationship with Azzur Group

Retrieved on: 
Wednesday, June 1, 2022

ROCKVILLE, Md., June 1, 2022 /PRNewswire/ -- On Demand Pharmaceuticals, Inc. (ODP), an innovative technology company transforming the way medicines are made, announced today that it has signed a Preferred Supplier agreement with Azzur Group through 2024.

Key Points: 
  • ROCKVILLE, Md., June 1, 2022 /PRNewswire/ -- On Demand Pharmaceuticals, Inc. (ODP), an innovative technology company transforming the way medicines are made, announced today that it has signed a Preferred Supplier agreement with Azzur Group through 2024.
  • The transformation of ODP's Rockville Headquarters into a State-of-the-Art cGMP Medicine Manufacturing facility began with Azzur in the fall of 2020.
  • From Discovery to Delivery, Azzur Group provides the life science community full life-cycle solutions for all their GxP needs.
  • From Azzur Cleanrooms on Demand facilities, to our labs, training centers, and consulting offices across the nation, Azzur Group helps organizations start, scale, and sustain their growing enterprises.

Sailing Athlete Aidan Mobley Announces His Participation in the Pacific Cup and Needs a Sponsor

Retrieved on: 
Wednesday, June 1, 2022

His crew has been training for a year and Mobley thinks they have a good chance at winning the Pacific Cup that occurs every other year.

Key Points: 
  • His crew has been training for a year and Mobley thinks they have a good chance at winning the Pacific Cup that occurs every other year.
  • "It's an incredibly fast, nimble, and high-performance sailboat that requires a high level of skill to sail fast.
  • We will be running four-hour watches so it's a mental endurance race as much as a physical endurance race," said Mobley.
  • No autopilot is allowed during the Pacific Cup so the crew must only use the prevailing winds to power the craft.

Elevate Together® Initiative Expands to Minneapolis With Support of Taylor Corporation

Retrieved on: 
Tuesday, May 17, 2022

Taylor Corporation has joined a coalition of like-minded companies, including The ODP Corporation, JPMorgan Chase and NCR Foundation, to support small businesses through Elevate Together , a nonprofit initiative designed to accelerate the creation, growth, and prosperity of Black and Hispanic small businesses.

Key Points: 
  • Taylor Corporation has joined a coalition of like-minded companies, including The ODP Corporation, JPMorgan Chase and NCR Foundation, to support small businesses through Elevate Together , a nonprofit initiative designed to accelerate the creation, growth, and prosperity of Black and Hispanic small businesses.
  • With support from Taylor Corporation , the newest corporate partner to the Elevate Together initiative, the program now operates in Minneapolis through partnerships with Metropolitan Economic Development Association (Meda) and the Latino Chamber of Commerce of Minnesota.
  • Taylor Corporation is proud to be an Elevate Together partner with The ODP Corporation and Round It Up America, said Charlie Whitaker, CEO of Taylor Corporation.
  • The Latino Chamber of Commerce Minnesota is excited to see the Elevate Together initiative make an impact with our membership.

The ODP Corporation Announces Appointment of David Centrella as Executive Vice President and as President of ODP Business Solutions

Retrieved on: 
Wednesday, May 4, 2022

The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that David Centrella has been promoted to Executive Vice President, reporting directly to Chief Executive Officer of The ODP Corporation, Gerry Smith.

Key Points: 
  • The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that David Centrella has been promoted to Executive Vice President, reporting directly to Chief Executive Officer of The ODP Corporation, Gerry Smith.
  • As President of ODP Business Solutions, Centrella will be responsible for core B2B sales and operations across all customer segments and vertical markets, including through Grand & Toy, and ODPs Federation Entities.
  • ODP Business Solutions is strategically positioned to continuously improve our value proposition for our current and future customers.
  • ODP, ODP Business Solutions, and Office Depot are trademarks of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. Varis is a trademark of Varis, LLC.

The ODP Corporation to Announce First Quarter 2022 Earnings Results Wednesday, May 4, 2022

Retrieved on: 
Wednesday, April 27, 2022

The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, will announce first quarter 2022 financial results before the market open on Wednesday, May 4,2022.

Key Points: 
  • The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, will announce first quarter 2022 financial results before the market open on Wednesday, May 4,2022.
  • To listen to the conference call via webcast, please visit The ODP Corporations Investor Relations website at investor.theodpcorp.com .
  • A copy of the earnings press release, supplemental financial disclosures and presentation will also be available on the website.
  • ODP, ODP Business Solutions, and Office Depot are trademarks of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. Varis is a trademark of Varis, LLC.

Office Depot Celebrates Organizations for Their Leadership in Greener Purchasing

Retrieved on: 
Wednesday, April 27, 2022

By celebrating our customers who are championing greener purchasing, were not only applauding them for supporting the health of our planet, but also encouraging them to continue to make greener purchases in the future and influencing other organizations to follow their lead.

Key Points: 
  • By celebrating our customers who are championing greener purchasing, were not only applauding them for supporting the health of our planet, but also encouraging them to continue to make greener purchases in the future and influencing other organizations to follow their lead.
  • Office Depot also has one of the industrys leading sets of Greener Solutions and reporting tools, many of which were developed in collaboration with specific customers.
  • For more information about Office Depots sustainability initiatives, please see Office Depot's Corporate Sustainability Report .
  • ODP, ODP Business Solutions, and Office Depot are trademarks of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. Varis is a trademark of Varis, LLC.

Office Depot Celebrates 5th Annual ‘Depot Day of Service’ With $250,000 Donation to Boys & Girls Clubs of America

Retrieved on: 
Tuesday, April 19, 2022

Office Depot , a wholly owned subsidiary of The ODP Corporation (NASDAQ:ODP), will kick off the companys fifth annual Depot Day of Service company-wide philanthropic initiative today with a $250,000 donation to Boys & Girls Clubs of America to support kids and teens across the country.

Key Points: 
  • Office Depot , a wholly owned subsidiary of The ODP Corporation (NASDAQ:ODP), will kick off the companys fifth annual Depot Day of Service company-wide philanthropic initiative today with a $250,000 donation to Boys & Girls Clubs of America to support kids and teens across the country.
  • For the last several years, Office Depot associates have committed time and effort to building enhancements that help Boys & Girls Clubs do what they do best.
  • For 160 years, Boys & Girls Clubs of America ( bgca.org ) has provided a safe place for kids and teens to learn and grow.
  • Learn more about Boys & Girls Clubs of America on Facebook and Twitter .

MHI Thermal Systems to Launch New Series of Large-Capacity Centrifugal Chillers Adopting Low-GWP Refrigerant

Retrieved on: 
Tuesday, April 5, 2022

The series will have two models: the constant-speed JHT-Y and the inverter-equipped JHT-YI.

Key Points: 
  • The series will have two models: the constant-speed JHT-Y and the inverter-equipped JHT-YI.
  • The JHT-Y and JHT-YI are the first centrifugal chillers with capacities up to 5,400 RT offered commercially in Japan to feature a low-GWP refrigerant.
  • Together with the "ETI-Z" series of centrifugal chillers in the small-to-medium capacity range launched in 2015, MHI Thermal Systems will now offer a full lineup of low-GWP refrigerant models in variations spanning from 150 to 5,400 RT.
  • MHI Thermal Systems, Japan's leading manufacturer of centrifugal chillers, has delivered many units for district cooling/heating, factory air-conditioning, etc.