Item 7.01. Regulation FD Disclosure.

On June 4, 2021, The ODP Corporation ("ODP" or the "Company") issued a press release confirming that it has received an offer from USR Parent, Inc., the parent company of Staples and a portfolio company of Sycamore Partners, to acquire the Company's consumer businesses for $1 billion in cash. ODP's Board of Directors is carefully reviewing Staples' proposal with the assistance of its financial and legal advisors to determine the course of action that it believes is in the best interests of the Company and its shareholders. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information furnished in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be deemed incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits:



Exhibit 99.1      Press Release of The ODP Corporation, dated June 4, 2021.

Exhibit 104     Cover Page Interactive Data File - the cover page XBRL tags are
                embedded within the Inline XBRL document.




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