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.