May 16, 2016, Office Depot announced that the merger agreement between Staples and Office Depot had been terminated. New Zealand branch closures On 26 August 2020, OfficeMax announced that it would be closing all 14 of its New Zealand branches and shift operations online in response to growing online usage and the COVID-19 pandemic in New Zealand. See also Grand & Toy — OfficeMax's Canadian subsidiary (founded 1882 and acquired in 1996) References Notes Further reading External links 1988 establishments in Ohio 1991 mergers and acquisitions 1995 initial public offerings 2013 mergers and acquisitions American companies established in 1988 Companies based in Boca Raton, Florida Companies based in Naperville, Illinois Companies formerly listed on the New York Stock Exchange Office Depot Office supply retailers of the United States Retail companies established in 1988 Sears Holdings