Office Depot, a leading global provider of office products and services, and M H Alshaya Co, an international retailer, have concluded an agreement to sell office products and services under the Office Depot name.

Under the agreement, Alshaya will be granted the franchise rights for all channels in Saudi Arabia, the UAE, Kuwait, Bahrain, Qatar and Oman. The first four retail store locations are scheduled to open in 2009 in Kuwait City and Dubai, said a company official.
Office Depot offers a broad assortment of products and services, competitive prices, and an informed staff of sales associates. With products ranging from ink and toner to office furniture and electronics, Office Depot has the products that help customers take care of their business.

“We are very pleased to have Office Depot as our partner,” said executive chairman of M H Alshaya Co Mohammed Alshaya.

“We believe there is a significant market for these products and services throughout the Middle East. We look forward to using our experience and regional knowledge to firmly establish Office Depot as the natural choice for businesses and individuals for all of their office supply needs.”

“Office Depot understands the importance of developing a retail business in the Middle East and is partnering with a very experienced company such as Alshaya,” said vice-president, International Franchise Development, Ernst Wessel.

“We believe that the Office Depot business is particularly suitable and attractive as a franchising concept for certain territories and I look forward to talking with other potential partners.” – TradeArabia News Service