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Office Depot Announces Coffee
Delivery Service Featuring Green Mountain Coffee
Roasters and Keurig Single-Cup Brewers
Other Topics:
Coffee Maker Touch
Sensitive Controls,
Espresso
Based Specialty Drinks,
Coffee Distribution,
Coffee Sales
Growth, China
Coffee Market, Fall Coffee Line
Office Depot
October 31, 2007
Office Depot (NYSE:ODP), a leading global provider of
office products and services, today announced a new
Office Depot Coffee Service that offers its small,
medium and large business customers the gold standard in
gourmet coffee brewing as well as replenishment
services. The service provides delivery and installation
of Keurig(R) Single-Cup Coffee Brewers and Green
Mountain Coffee Roasters coffee in K-Cup(R) portion
packs. The Office Depot Coffee Service is currently
available nationwide through Office Depot's North
American Business Solutions Division, which provides
office products and services directly to businesses.
The combination of Keurig, a pioneer and leading
manufacturer of single-cup brewing systems, and Green
Mountain Coffee Roasters' award-winning coffees, gives
Office Depot a high quality coffee solution for offices
of all sizes. The Keurig single-cup system brews one cup
of gourmet coffee, tea or hot cocoa in less than 60
seconds, without the mess and cleanup of traditional
machines. The brewer and K-Cup cartridge control all of
the brewing variables to ensure a consistent and fresh
"coffee-house" taste with every cup. Office Depot
customers have over 30 varieties of Green Mountain
Coffee Roasters K-Cup cartridges to choose from,
including Extra Bold coffees, Celestial Seasonings(R)
teas and hot cocoa.
"This new service offering is more than just delivering
coffee - it's about providing a total solution to the
business customer," said Steve Schmidt, President of
Office Depot's North American Business Solutions
Division. "From core supplies and technology to office
furniture and now our new coffee service, Office Depot
is providing businesses with the tools and services that
help them to succeed."
As part of the new service, Office Depot will deploy an
installation team to a business location to deliver the
coffee unit, connect the brewing system to an existing
water line, and supply the coffee. A filtration system
is included with installation to ensure water entering
the unit is purified for the freshest taste.
"We're excited to partner with Office Depot to promote
the quality and convenience of single-cup brewing
technology," said Jim Travis, Vice President of Sales,
Green Mountain Coffee Roasters. "With Keurig's
state-of-the-art brewing systems and Green Mountain
Coffee Roasters' finely crafted coffees, we are
transforming the office coffee experience for Office
Depot customers."
Businesses have several options when it comes to
receiving the service, including the option to purchase
a brewing system for as little as $1.
For more information regarding the Office Depot Coffee
Service, please visit www.officedepot.com/bsd or call
1-888-2-OFFICE.
About Office Depot
Office Depot provides more office products and services
to more customers in more countries than any other
company.
Incorporated in 1986 and headquartered in Delray Beach,
Fla., Office Depot has annual sales of over $15.4
billion, and employs approximately 52,000 associates
around the world. Currently, the Company sells to
customers directly or through affiliates in 43
countries.
Office Depot is a leader in every distribution channel
-- from retail stores and contract delivery to catalogs
and e-commerce. As of June 30, 2007, Office Depot had
1,186 retail stores in North America and another 369
stores, either company-owned, licensed or franchised, in
other parts of the world. Office Depot serves a wide
range of customers through a dedicated sales force,
telephone account managers, direct mail offerings, and
multiple web sites. With $4.7 billion in online sales
during the last twelve months, the Company is also one
of the world's largest e-commerce retailers.
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 Green Mountain Coffee Roasters, Inc. and
Keurig, Inc.
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is
recognized as a leader in the specialty coffee industry
for its award-winning coffees and successful business
practices. The Company sells more than 100 high quality
selections, including Fair Trade Certified(TM) and
organic coffees under the Green Mountain Coffee
Roasters(R) and Newman's Own(R) Organics brands. While
the majority of the Company's revenue is derived from
its wholesale, direct mail, and e-commerce operations
(www.GreenMountainCoffee.com), it also owns Keurig,
Inc., a pioneer and leading manufacturer of gourmet
single-cup brewing systems. Keurig offers its brewers,
and K-Cups(R) from a variety of roasters, through
wholesale, resellers and directly to consumers, while
Green Mountain Coffee Roasters licenses, manufactures
and sells its coffee as well as hot cocoa and tea
K-Cups(R) for use in Keurig brewers. Green Mountain
Coffee Roasters has been ranked No. 1 on the list of
"100 Best Corporate Citizens," for the past two years,
and has been recognized repeatedly by Forbes, FORTUNE
Small Business, and the Society of Human Resource
Management as an innovative, high-growth, socially
responsible company. |
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