Office Depot Announces Exclusive Partnership with Lil’ Drug Store Products to Sell Office Supplies Through Nationwide Convenience Stores
BOCA RATON, Fla.-(Business Wire)-September 24, 2009 - Office Depot® (NYSE:ODP), a leading global provider of office products and services, and Lil’ Drug Store Products, Inc., a leading supplier to the convenience store class of trade, are announcing an exclusive partnership that will enable the distribution of Office Depot office supplies for sale in convenience stores throughout the country.
Through this newly formed partnership, Office Depot will supply Lil’ Drug Store Products with an assortment of more than 25 frequently used office products that are sized and packaged for convenience stores. Lil’ Drug Store will redistribute those products to convenience stores nationwide. Products being offered start around $1.29 and will include pens, scissors, envelopes, notebooks, calculators, tape, markers and more.
“We are very excited to be partnering with such a powerful brand in office supplies,” said Paul Rossberger, Vice President of Sales & Marketing for Lil’ Drug Store. “This partnership offers new convenience to our customers and their shoppers. It makes frequently needed products more readily available at the corner store or gas station – whether you’re a business traveler who forgot some items or a Mom or Dad who needs something for a school project.”
“Office Depot is always looking for new and innovative ways to serve our customers,” said Steve Schmidt, President of Office Depot’s North American Business Solutions Division. “By teaming up with Lil’ Drug Store to stock thousands of convenience stores with office products, we will be able to serve the on-the-go customer with the product they need, when they need it the most.”
For more information about this partnership, please visit www.officedepot.com/bsd.
About Office Depot
Every day, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through 1,593 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.3 billion e-commerce operation. Office Depot has annual sales of approximately $14.5 billion, and employs about 42,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 47 countries.
Office Depot’s common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at: http://mediarelations.officedepot.com.
About Lil’ Drug Store Products, Inc.
Lil' Drug Store Convenience Division provides professional category management services and distributes a wide variety of products and merchandising vehicles to convenience stores, wholesalers and other classes of trade nationwide. The Convenience Division also distributes products through exclusive partnerships with brands including Carmex, AriZona Fast Shots, Ricola and Office Depot. Parent company Lil’ Drug Store Products, Inc. markets innovative consumer healthcare products worldwide, including feminine care Replens Long-Lasting Feminine Moisturizer, RepHresh Vaginal Gel, Replens Intimate Options Mousse and Wellgate for Women. For more information, visit www.lildrugstore.com or call Lil’ Drug Store at 800-553-5022.
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