In 1995, the company conducted an IPO and went public. In 1993, OfficeMax undertook its largest acquisition and bought out BizMart with its 104 stores. In the same year, OfficeMax purchased OW Office, a regional chain of stores based in Virginia. The company went on to acquire even more stores, and the next move was to acquire 5 Highland Superstores in Boston in 1992. The company took a stance on an aggressive expansion in the 1990s, whereas it added a large number of stores after the acquisition of Office World in 1990 (its executives became minority shareholders). This store was opened during a large period of time and was closed only in 2015 when the company has already been merged with Office Depot. 3 months after the company’s foundation, the first OfficeMax retail store was opened near a large shopping mall in Mayfield Heights, Ohio. Bob Hurwitz became the company’s CEO and executive chairman, while Michael Feuer, the second co-founder, became the chief operating officer and president. OfficeMax was founded back in 1988 – just 2 years later than Office Depot – in the town of Cleveland, Ohio. You can also obtain coupons here and save a pretty decent share of your money. Our OfficeMax Near Me page provides you with an opportunity to locate closest OfficeMax stores around you, as well as with the information about this company and the working hours of its stores. Nowadays, however, it appears to be a subsidiary of Office Depot, even though its parent company remains to run the OfficeMax stores under their initial brand, instead of rebranding those stores into Office Depot. OfficeMax was an American retail company that focused on selling office supplies via its network of retail stores.
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