Thursday, Oct 27, 2016
One of America's Great Newspapers ~ Toledo, Ohio


Office Depot plans to close 27 stores

Office Depot Inc., the world s second-largest office supplies

retailer, said it will close 27 stores and write down the value

of unprofi table U.S. locations, incurring $319.5 million in pretax

costs through 2008.

About $252.1 million of the costs will be refl cted in the quarter ending Sept. 24, said the Delray Beach, Fla., firm yesterday.

Office Depot will close 16 stores in North America and 11 stores and one warehouse overseas. It s also dropping the Viking catalog brand in the U.S. The company did not disclose which locations are to be closed.

The Toledo area has a store on Monroe Street in Toledo and on

Airport Highway in Springfield Township.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…