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More on Office Depot (ODP): North American Retail revenue down 8% Y/Y to $994M, with lower sales...

More on Office Depot (ODP): North American Retail revenue down 8% Y/Y to $994M, with lower sales and promotional activity flowing through. North American Business Solutions sales fell 1% to $796M, as large account business improved to partially offset a drop in public sector sales. Lowered expenses by $6M, helping to improve total gross profit margin by 40 bp. (PR)
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