FL-Based Office Depot To Close 300 More Stores Over Next 3 Years

By on August 3, 2016 in WNDB News

office depot

Florida – Florida-based company Office Depot says it will close around 300 more stores over the next 3 years.

The goal of those closures is to cut annual costs by $250 million by the end of 2018.

Office Depot closed 400 US stores by the end of the second quarter of 2016 and has reported seven quarters in a row with drops in sales.

More on this story at FloridaTrend.com.

Photo courtesy digitalreflections and Shutterstock.com.

Copyright Southern Stone Communications 2016.

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