Trends Report

Demand for Essential Products Strains Supply: Office Depot Reveals The Challenges And Benefits Of Responding To COVID-19 In Its Q1 2020 Retail Earnings Call

May 29th, 2020

Summary

Retail quarterly earnings calls for Q1 2020 (January through March) run from April through June. In this series, we share the highlights of earnings calls from major brands to help digital business professionals understand the initial impact of COVID-19 on retail and brand businesses, particularly in the US. Office Depot saw increased demand for essential products, resulting in supply chain disruptions. However, as enterprise customers (e.g., schools and higher education) are still in the process of reopening into the second quarter, the company anticipates that demand will decrease. As an essential business, Office Depot is supplying products and donating to schools and relief funds.

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