Tag: Scaling

Financiapocalypse has claimed yet another victim. This time it is Office Depot—and they are planning to close 112 stores, or 9% of their North American locations over the next three months.

A list of the store closings has not been made available, but the breakdown will look like this: “45 stores in the Central U.S., 40 in the Northeast and Canada, 19 in the West and 8 in the South.” They are also shutting down six of their 33 distribution facilities and scaling back openings to 20 in 2009.