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Office Depot Plans Major Restructuring That Includes Closing Retail Stores and Distribution Centers

Plan Expected to Save Company $860 Million By 2023

Office Depot, which has its headquarters at 6600 N. Military Trail in Boca Raton, Florida, said it would close stores and distribution centers over the next three years. (CoStar)
Office Depot, which has its headquarters at 6600 N. Military Trail in Boca Raton, Florida, said it would close stores and distribution centers over the next three years. (CoStar)

Office Depot, one of the largest office supply chains in the United States, plans to undertake a major restructuring during the next three-plus years that would result in the closing of stores and distribution centers and cost 13,100 people their jobs.

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