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| Company Facts |
| Overview |
| OfficeMax is a leader in both business-to-business and retail office products distribution. We provide office supplies and paper, print and document services through OfficeMax ImPress, technology products and solutions, and furniture to large, medium and small businesses, government offices, and consumers. Our mission is simple. We help our customers do their best work. |
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| OfficeMax customers are served by more than 29,000 associates through direct sales, catalogs, the Internet and more than 900 retail locations throughout the U.S. Our common stock trades on the New York Stock Exchange under the ticker symbol OMX, and our corporate headquarters is located in Naperville, Illinois. |
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| Company History |
| OfficeMax Incorporated (formerly Boise Cascade Corporation) was organized as Boise Payette Lumber Company, a Delaware corporation, in 1931 as a successor to an Idaho corporation formed in 1913. In 1957, the company's name changed to Boise Cascade Corporation. On December 9, 2003, Boise Cascade Corporation acquired 100 percent of the voting securities of OfficeMax, Inc. That acquisition more than doubled the size of our office products distribution business and expanded that business into the U.S. retail channel. The company's name changed from Boise Cascade Corporation to OfficeMax Incorporated, and the names of our office product segments changed from Boise Office Solutions, Workplace and Boise Office Solutions, Retail to OfficeMax, Workplace and OfficeMax, Retail. |
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| On October 29, 2004, we sold our paper, forest products and timberland assets to affiliates of Boise Cascade, L.L.C., a new company formed by Madison Dearborn Partners LLC. With the Sale, we completed the Company's transition from a predominately manufacturing-based company to an independent office products distribution company. |
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| Company Segments |
| OfficeMax is made up of two main business segments: Workplace and Retail. |
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| OfficeMax, Workplace |
| We distribute a broad line of items for the office, including office supplies and paper, technology products and solutions, and office furniture through our OfficeMax, Workplace segment. OfficeMax Workplace sells directly to large corporate and government offices, as well as to small and medium-sized offices in the United States, Canada, Australia and New Zealand. This segment markets and sells through field salespeople, outbound telesales, catalogs, the Internet and in some foreign markets through office products stores. |
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| As of January 24, 2009, OfficeMax Workplace operated 47 distribution centers and six customer service and outbound telesales centers. OfficeMax, Workplace also operated 60 stores in Canada, Hawaii, Australia and New Zealand. |
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| OfficeMax, Workplace sales for 2008, 2007, and 2006 were $4.3 billion, $4.8 billion and $4.7 billion, respectively. |
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| W-9 Workplace (Incorporated) |
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| OfficeMax, Retail |
| OfficeMax, Retail is a retail distributor of office supplies and paper, print and document services, technology products and solutions, and office furniture. Our retail segment has operations in the United States, Puerto Rico, and the U.S. Virgin Islands. Our retail office supply stores feature OfficeMax ImPress, an in-store module devoted to print-for-pay and related services. Our retail segment also operates office products stores in Mexico through a 51 percent owned joint venture. Substantially all products sold by this segment are purchased from outside manufacturers or from industry wholesalers, except office papers. We purchase office papers primarily from the paper operations of Boise Cascade, L.L.C., under a 12-year paper supply contract we entered into at the time of Sale. |
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| Our retail segment current operates more than 1,000 stores in the U.S. and Mexico, three large distribution centers in the U.S., and two small distribution centers in Mexico. Each store offers approximately 10,500 stock keeping units (SKUs) of name-brand and OfficeMax private-branded merchandise and a variety of business services targeted at serving the small business customer, including OfficeMax ImPress. As of January 24, 2009, our Retail segment operated six OfficeMax ImPress print-on-demand facilities with enhanced fulfillment capabilities. These 8,000 square foot operations are located within some of our contract distribution centers, and serve the print and document needs of our large contract customers in addition to supporting our retail stores. |
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| OfficeMax, Retail sales for 2008, 2007, and 2006 were $4.0 billion, $4.3 billion and $4.3 billion, respectively. |
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| W-9 Retail (North America) |
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