Office Depot to close another 300 stores

Posted online August 3, 2016 | 11:44 am

Office Depot announced it would close about 300 more stores in the next three years to help cut annual costs by $250 million by the end of 2018.

The company had closed 400 stores by the end of the second quarter, during which sales fell 6.5 percent to $3.2 billion.

The quarter was the company's seventh straight with a drop in sales.

Read more from Reuters.

Comments

No comments on this story |

Please log in to add your comment

Republic School District opens activities center

Editors' Pick

Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read