The ODP Corporation

Mark Cuban Foundation and The ODP Corporation Bring AI Bootcamp to Fort Lauderdale Teens

Retrieved on: 
Monday, April 8, 2024
Microsoft, The ODP Corporation, Partnership, School, Knowledge, Artificial intelligence, Alan, AI, Student, Cloud computing, Curriculum, ChatGPT, Marketing, Generative, Boot camp, The, Medical device

FORT LAUDERDALE, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- The Mark Cuban Foundation, in partnership with The ODP Corporation, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Fort Lauderdale.

Key Points: 
  • FORT LAUDERDALE, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- The Mark Cuban Foundation, in partnership with The ODP Corporation, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Fort Lauderdale.
  • These AI bootcamps are introductory and accessible to student in grades 9-12 with an interest in technology.
  • “We look forward to partnering with the Mark Cuban Foundation this year to host our second AI Bootcamp.
  • This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program's media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

Lessen Launches Innovative Purchasing Marketplace for Vendors

Retrieved on: 
Tuesday, April 2, 2024
Banking, Professional Services, Online Retail, Fintech, Data Management, Electronic Commerce, Technology, Residential Building & Real Estate, Construction & Property, Retail, Insurance, Finance, Other Technology, Partnership, The ODP Corporation, Essendant, HVAC, Marketplace, Online shopping

The intuitive marketplace environment simplifies procurement for all parties.”

Key Points: 
  • The intuitive marketplace environment simplifies procurement for all parties.”
    The Lessen Marketplace also makes it easy for vendors to competitively shop for a variety of business insurance and financing needs.
  • Using the Marketplace, vendors can fill out a single application in as little as five minutes to obtain quotes tailored to their business needs.
  • The launch of the Lessen Advantage Marketplace is a significant step toward Lessen continuing its journey to expand the roster of products and services that benefit both customers and vendors.
  • “The introduction of the Lessen Advantage Marketplace underscores our dedication to ongoing innovation, aimed at delivering value for both our customers and our network of over 30,000 vendors.”

The ODP Corporation to Participate in the UBS Global Consumer & Retail Conference Wednesday, March 13th, 2024

Retrieved on: 
Monday, March 11, 2024
Other Retail, Supply Chain Management, Consumer Electronics, Office Products, Online Retail, Technology, Specialty, Other Technology, Retail, Software, Hardware, The ODP Corporation, Conference

The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the UBS Global Consumer & Retail Conference on March 13th, 2024.

Key Points: 
  • The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the UBS Global Consumer & Retail Conference on March 13th, 2024.

Crayola Experience's Million Crayon Giveaway Launches Weeklong National Crayon Day Celebration

Retrieved on: 
Sunday, March 31, 2024
Mall, Crayola, Crayon, Collection, Creativity, The ODP Corporation, Paraffin wax

EASTON, Pa., March 31, 2024 /PRNewswire/ -- Thousands of kids and kids-at-heart around the country are celebrating National Crayon Day by creating their own one-of-a-kind crayon boxes filled with their favorite Crayola crayon colors as part of the 4th Annual Crayola Experience Million Crayon Giveaway.

Key Points: 
  • Families join the festivities featuring Colors of the World crayon collection, and in-store and at-home activities to inspire creative self-expression
    EASTON, Pa., March 31, 2024 /PRNewswire/ -- Thousands of kids and kids-at-heart around the country are celebrating National Crayon Day by creating their own one-of-a-kind crayon boxes filled with their favorite Crayola crayon colors as part of the 4th Annual Crayola Experience Million Crayon Giveaway.
  • As part of the National Crayon Day celebration, now through April 7 families also can participate in Colors of the World activities inside Crayola Experience's retail stores.
  • Crayon lovers not able to visit Crayola Experience for the giveaway and onsite activities can still join in the celebration by downloading free National Crayon Day and Colors of the World coloring pages from Crayola.com .
  • In addition, Crayola's exclusive retail partner for National Crayon Day— Office Depot —is offering a 30 percent discount on all Crayola 24-ct crayon boxes at stores nationwide and online through April 13.

The Container Store Group, Inc. Announces Additions to the Board of Directors

Retrieved on: 
Thursday, March 7, 2024
Home Goods, Office Products, Other Retail, Specialty, Online Retail, Luxury, Retail, Department Stores, OfficeMax, Advance Auto Parts, The ODP Corporation, Marketing, LL, Culture, Compensated emancipation, Walmart, LL Flooring, TCS, The Container Store, Management

Stuckey and Tyson will replace vacancies left by Bob Jordan and Jon Sokoloff when their terms expired in August 2023.

Key Points: 
  • Stuckey and Tyson will replace vacancies left by Bob Jordan and Jon Sokoloff when their terms expired in August 2023.
  • "We are very pleased to welcome Karen and Charles to our Board of Directors,” said The Container Store Chairperson of the Board, Lisa Klinger.
  • Tyson joins the Board as a Class I Director and will serve on the Culture and Compensation Committee.
  • He is currently the CEO and President of LL Flooring and a member of its Board of Directors.

The ODP Corporation Partners with Matthews South for Execution of New Share Repurchase Program

Retrieved on: 
Monday, March 4, 2024
Professional Services, Retail, Technology, Software, Specialty, Finance, Office Products, The ODP Corporation, Share repurchase, ODP, Cryptocurrency

The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced that it has partnered with Matthews South to assist in optimizing the initial quarterly execution of its share repurchases under its newly authorized $1 billion share repurchase program.

Key Points: 
  • The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced that it has partnered with Matthews South to assist in optimizing the initial quarterly execution of its share repurchases under its newly authorized $1 billion share repurchase program.
  • Matthews South is a leading capital markets advisory and software firm transforming the way public and private companies make capital markets decisions through data-driven analytics.
  • “We partnered with Matthews South to enhance the initial execution of our new share repurchase plan, which further emphasizes our commitment to our low-cost business model and capital allocation strategy,” said Tim Perrott, vice president of investor relations and treasurer of The ODP Corporation.
  • The share repurchase program may be suspended or discontinued at any time.

The ODP Corporation Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024
Supply Chain Management, Online Retail, Retail, Other Retail, Specialty, Office Products, The ODP Corporation, Total, Share repurchase, ODP, Nationwide, Personal protective equipment, Tech, Small business, Smith, Growth, FILO, GAAP, Capital expenditure, PPE, OfficeMax, Capital, E-commerce, Depreciation, Video game

Operating results in the fourth quarter of 2023 included $74 million of charges, primarily related to a $68 million non-cash impairment of goodwill in its Varis business unit.

Key Points: 
  • Operating results in the fourth quarter of 2023 included $74 million of charges, primarily related to a $68 million non-cash impairment of goodwill in its Varis business unit.
  • Adjusted results for the fourth quarter of 2023 exclude charges and credits totaling $74 million as described above and the associated tax impacts.
  • Fourth quarter of 2023 adjusted EBITDA was $73 million compared to $89 million in the prior year period.
  • Adjusted Free Cash Flow(3) was $43 million in the fourth quarter of 2023, compared to $147 million in the prior year period.

Code Ninjas Announces New Executive Leadership Team, Moves Headquarters to Atlanta

Retrieved on: 
Tuesday, February 20, 2024
Architecture, The ODP Corporation, Operational excellence, Education, Marketing, EY, Culture, Growth, Curriculum, Code Ninjas, Learning, History, Ninja, Educational technology, Starbucks, Child, K-12, PepsiCo, Environment, Management

ATLANTA, Feb. 20, 2024 /PRNewswire/ -- Code Ninjas, a renowned name in children's coding education, has officially announced its new executive leadership team at the helm of the brand as it makes the move to Atlanta from Houston for its new headquarters. As the franchise solidifies its commitment to shaping the future of coding education for children globally, Navin Gurnaney will serve at the forefront of the energetic executive team as the Chief Executive Officer. Code Ninjas also welcomed Nancy Delgadillo as Vice President of Franchise Development, Edward Kim as Vice President of Education and Training, Tim Klein as Vice President of Operational Excellence, Adam Patterson as Chief Financial Officer, Matt Rogers as Chief Marketing Officer, and Archana Singh as Chief Technology Officer.

Key Points: 
  • ATLANTA, Feb. 20, 2024 /PRNewswire/ -- Code Ninjas , a renowned name in children's coding education, has officially announced its new executive leadership team at the helm of the brand as it makes the move to Atlanta from Houston for its new headquarters.
  • "Eagle Merchant Partners is thrilled with Code Ninjas' new leadership under Navin and team, poised to lead in children's coding education," said Zack Taylor, Managing Partner of Eagle Merchant Partners, who acquired Code Ninjas in 2012.
  • At Code Ninjas, he will be responsible for driving key strategic decisions regarding the curriculum and employee training underlying every Ninja's experience.
  • This new leadership team, while still early on, has already made a positive impact on the Code Ninjas brand behind Navin's energetic and inclusive leadership style.

The ODP Corporation to Announce Fourth Quarter and Full Year 2023 Results Wednesday, February 28, 2024

Retrieved on: 
Wednesday, February 14, 2024
Technology, Office Products, Other Retail, Specialty, Software, Hardware, Retail, Supply Chain Management, Consumer Electronics, The ODP Corporation, Webcast, ODP

The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce fourth quarter and full year 2023 financial results before the market open on Wednesday, February 28th, 2024.

Key Points: 
  • The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce fourth quarter and full year 2023 financial results before the market open on Wednesday, February 28th, 2024.
  • The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
  • To listen to the conference call via webcast, please visit The ODP Corporation’s 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.

Nerdio Doubles Revenue as Customers and Partners Accelerate Modernization of Legacy VDI

Retrieved on: 
Tuesday, February 13, 2024
Cloud, Newmont, Cloud computing, CoreLogic, Aker Solutions, Pennsylvania State University, CRN, IVCA, VDI, FNZ, Microsoft Windows, The ODP Corporation, Artificial intelligence, Magic, Gen, Investment, AVD, Growth, Desktop, University, Organization, Data analysis, Workforce, Microsoft, Government of Alberta, Student

These organizations join an already impressive roster of satisfied customers, including Office Depot, Government of Alberta, Make-A-Wish Foundation, the University of North Florida, and thousands of others.

Key Points: 
  • These organizations join an already impressive roster of satisfied customers, including Office Depot, Government of Alberta, Make-A-Wish Foundation, the University of North Florida, and thousands of others.
  • “Nerdio greatly reduced our burden and time to adopt,” said Ian Cohn, Systems Design Specialist, Penn State University.
  • “I can’t speak highly enough of the technical capabilities of the platform, but also the Nerdio support team.
  • Vadim Vladimirskiy, CEO of Nerdio, remarked, "The dedication and innovation of the entire Nerdio team have been pivotal in our success.