Posted: 11:09 am Monday, August 16th, 2010
By Allison Ross
Office supplies retailer Office Depot Inc., which is based here in Boca Raton, has begun offering U.S. Postal Service products and services at its stores nationwide today — the first nationwide retailer to do so.
Office Depot customers will now be able to buy stamps, purchases shipping supplies and mail packages through such shipping services as Priority Mail Flat Rate and First-Class Mail Service. Prices are the same as those at the post office.
The service will be available at 1,083 of Office Depot’s U.S. stores, including the 47 in South Florida.
“By providing smart mailing services through USPS in our stores, customers can enjoy the convenience of shipping while they shop,” Kevin Peters, president of North American retail for Office Depot, said in a statement.
The move comes as the U.S. Postal Service continues to bleed red ink. USPS has proposed eliminating Saturday mail delivery as it looks to cut costs, saying it faces a projected $238 billion deficit over the next decade.
“We’re excited to extend some of the best shipping values in the country to Office Depot customers, at a time and place that’s convenient to them,” Paul Vogel, president of mailing and shipping services for USPS, said in a statement.
Office Depot (NYSE: ODP) is the nation’s No. 2 office-supplies chain. It has been hurt by the soft economy as consumers and small business cut back on discretionary spending. The company has posted 10 consecutive quarters of sales declines, dating back to the first quarter of 2008, although it narrowed its second-quarter net loss more than analysts expected thanks in part to decreased operating expenses.
Will you take advantage of Office Depot’s new USPS service? Post a comment below!