OfficeMax 2012 Annual Report Download - page 40
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We believe our Retail segment competes favorably based on the quality of our customer service, our
innovative store formats, the breadth and depth of our merchandise offering and our everyday low prices, as well
as our specialized service offerings, including OfficeMax ImPress, and our ability to create office product
merchandise solutions for other retailers to incorporate into their stores.
Seasonal Influences
The Company’s business is seasonal, with Retail showing a more pronounced seasonal trend than Contract.
Sales in the second quarter are historically the slowest of the year. Sales are stronger during the first, third and
fourth quarters that include the important new-year office supply restocking month of January, the back-to-
school period and the holiday selling season, respectively.
Environmental Matters
Our discussion of environmental matters is presented under the caption “Environmental” in “Item 7.
Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Form 10-K. In
addition, certain environmental matters are discussed in Note 16, “Legal Proceedings and Contingencies,” of the
Notes to Consolidated Financial Statements in “Item 8. Financial Statements and Supplementary Data” of this
Form 10-K.
Capital Investment
Information concerning our capital expenditures is presented under the caption “Investment Activities” in
“Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this
Form 10-K.
Acquisitions and Divestitures
We engage in acquisition and divestiture discussions with other companies and make acquisitions and
divestitures from time to time. It is our policy to review our operations periodically and to dispose of assets that
do not meet our criteria for return on investment.
Geographic Areas
Our discussion of financial information by geographic area is presented in Note 14, “Segment Information,”
of the Notes to Consolidated Financial Statements in “Item 8. Financial Statements and Supplementary Data” of
this Form 10-K.
Identification of Executive Officers
Information with respect to our executive officers is set forth as the last item of Part I of this Form 10-K.
Employees
On December 29, 2012, we had approximately 29,000 employees, including approximately 10,000 part-time
employees.
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