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Oct. 6, 2021, 10:21 a.m. EDT

Office Depot aims to make orders available for in-store or curbside pickup in 20 minutes

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By Tonya Garcia

Office Depot has announced its "20 Minute Pickup Promise," which will make orders placed on the retailer's website or mobile app available for in-store or curbside pickup in 20 minutes or the customer will receive a discount on their next qualifying purchase. Retailers have been competing on speed of delivery, pickup and other fulfillment services. Office Depot has launched this service with the holidays in mind. ODP Corp. /zigman2/quotes/204015456/composite ODP +3.18% is in the midst of separating the Office Depot and OfficeMax business from the B2B business solutions arm. ODP stock has gained 41.4% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX +1.73% is up 14.7% for the period.

/zigman2/quotes/204015456/composite
US : U.S.: Nasdaq
$ 38.67
+1.19 +3.18%
Volume: 523,906
Aug. 12, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$1.88 billion
Rev. per Employee
$324,346
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/zigman2/quotes/210599714/realtime
US : S&P US
4,280.15
+72.88 +1.73%
Volume: 2.22B
Aug. 12, 2022 6:27p
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