OfficeMax Black Friday Ad
OfficeMax was founded in 1988 in Cleveland, Ohio, by Michael Feuer. On July 5 of that year, OfficeMax opened its first retail store in the Golden Gate Shopping Center in Mayfield Heights, Ohio. The company grew by acquisition, including its 1990 takeover of Office Square stores, previously owned by Kmart, in exchange for a 22% equity stake. In 1991, Kmart increased its stake in OfficeMax to 92% and the company acquired BizMart, its largest acquisition to date, in 1992. For the next ten years OfficeMax and its rivals, Staples and Office Depot, continued to open new stores, saturating the market segment. Today, OfficeMax is a leader in both business-to-business office products solutions and retail office products. The Office Max mission is simple. They help their customers do their best work by providing office supplies and paper, in-store print and document services, technology products and solutions, and furniture to consumers and to large, medium and small businesses. OfficeMax.com customers are served by approximately 35,000 associates through direct sales, catalogs, e-commerce and more than 900 stores.
