OfficeMax is taking its new Business Solutions Center store concept to Chicago’s business-rich Streeterville neighborhood later this summer. The retailer opened its first center in Milwaukee back in April to test the pilot concept.
OfficeMax and Office Depot have announced the committee members tasked with overseeing the process to select a CEO for the combined company and selection of the executives who will help to manage the integration planning process.
OfficeMax partnered with Chicago Public Schools and wide receiver Brandon Marshall to surprise 100 local teachers on Thursday with a $100,000 total donation in essential school supplies for their classrooms.
Charges related to store closures in the United States caused OfficeMax's first quarter net income to drop from $4.9 million, or 6 cents per diluted share, compared with $11.4 million, or 12 cents per diluted share, in the first quarter of 2011.
Ahead of its presentation at the Goldman Sachs Annual Global Retailing Conference, OfficeMax said it is updating its outlook for the third quarter and second half of 2011, reflecting continuing struggles in a down economy.