19 August 2009
Office Depot Inc., a successful and flourishing global supplier of office products is now entering the Kuwait market in cooperation with M.H. Alshaya Co., the leading retailer in the Middle East.

The newly launched Office Depot flagship store is located at The Avenues Mall and offers around 5,000 high quality products and services on 900 square meters to businesses as well as private costumers. The opening comes as the first step in a series of store launches in Kuwait and the region, continuing the brand's dramatic growth over the last 20 years since its establishment.

"We are excited to launch this unique store concept in Kuwait." Mohammed Alshaya, Executive Chairman of M.H. Alshaya Co. stated, "As the leading retailer in the region we are always determined to offer customers innovative ideas and concepts. Office Depot is the first supplier for businesses and individuals offering to Kuwait's market full range of products and services fulfilling and exceeding customers' needs, all under one roof."

Office Depot products include general office supplies, computer supplies, business machines and related supplies, and office furniture from international brands as well as their own private brands, which include Office Depot ®, Foray ®, Ativa ® and Real Space ®. In addition to the exclusive range of quality products the store also contains a Copy, Print and Ship Center offering copy services, printing, reproduction, mailing, shipping, and other services making it a 'full service station' for all office requirements.

"Office Depot is all about making life easier. 'Taking Care Of Business' - this is the company motto we live by and we truly believe in." said John Moore, Business Director of Office Depot in the Middle East. "This slogan is not only referring to our dominant range of quality products and services, but also to the support and advisory service we provide to all our customers. By combining a high quality office supply products, services and years of experience, we support our customers in finding complete solutions for their businesses and specific requirements. Outstanding service for competitive pricing is a main strength of Office Depot, making it a unique and trustworthy partner for customers all around the world."

Office Depot Inc. provides products and services to its customers through 1,604 worldwide retail stores, a dedicated sales force, top-rated catalogs and an e-commerce operation. Office Depot offers a broad assortment of products and services, competitive prices, and an informed staff of sales associates. With products ranging from ink and toner to office furniture and electronics, Office Depot has the products that help customers take care of their business. The Company provides more office products and services to more customers in more countries than any other company.

-Ends- 

About M.H. Alshaya Co.
M.H. Alshaya Co. is a leading international franchise operator for over 50 of the world's most recognized retail brands, including Starbucks, H&M, The Body Shop, Foot Locker, Mothercare, Debenhams, River Island and Boots. The company operates over 1,700 stores across six divisions: Fashion & Footwear, Health & Beauty, Food, Casual Dining, Optics and Pharmaceuticals. 

M.H. Alshaya Co. stores can currently be found in 15 markets across the Middle East, North Africa, Turkey, Cyprus, Russia and Poland. More recently, the company launched operations in Slovakia and Czech Republic. It employs more than 16,000 people from over 35 nationalities.

The company has established itself as the industry leader across these territories through a combination of local market understanding and a comprehensive commitment to customer service. Growth in each of its operating divisions and brands is supported by continuous investment in talent and infrastructure. It applies best practices in retail operations, merchandising, marketing, information technology, logistics, real estate, human resources and financial controls. 

M.H. Alshaya Co. is the retail business of the Alshaya Group, which was founded in Kuwait in 1890 and today represents one of the most dynamic companies in the Middle East.  In addition to its retail operations, the Alshaya Group is active in a number of other sectors including real estate, automotive, hotels, trading and investments.

Learn more about the company at www.alshaya.com.

About Office Depot
Office Depot, Inc. is a global supplier of office products and services. The company was incorporated in 1986 with the opening of our first retail store in Fort Lauderdale, Florida.

Every day, Office Depot is Taking Care of Business for millions of customers around the globe. Office Depot provides products and services to its customers through 1,604 worldwide retail stores, a dedicated sales force, top-rated catalogs and an e-commerce operation. Office Depot 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 48 countries.

Office Depot currently offers general office supplies, computer supplies, business machines and related supplies, and office furniture from national brands as well as our own private brands, which include Office Depot ®, Foray ®, Ativa ® and Real Space ®. The stores also contain a Copy, Print and Ship Center offering copy services, printing, reproduction, mailing, shipping, and other services

For further information please contact:
John Moore
Business Director, Office Depot
Tel.: 2224 25 25
Email:  john.moore@alshaya.com

© Press Release 2009