Thread regarding Office Depot layoffs

What's Office Depot's future?? How many stores are closing??

I know Office Depot has been closing stores and it seems like they have been shutting down stores for 10+ years now. And they are closing stores that seem like they should be profitable (Davis, California for example) and are keeping stores open that seem like they should have closed years ago (still have 4 stores in the Reno market along with 2 Staples stores in a market that warrants 2-3 office supply stores, Napa, California still has both Office Depot and Staples, and both West Monroe and Monroe, Louisiana have an Office Depot). But there is literally no information about Office Depot store closures list on the Internet.

Here are the few I have found that are closing this year:
Placerville, California (this one hurts because it is my closest office supply store)
Nampa, Idaho
Alamo Ranch, San Antonio, TX (becoming a Barnes and Noble store)

In the past few months (last year):
Davis, California
Sheboygan, Wisconsin
Alton, Illinois
Columbus, Indiana
Escondido, California
San Diego North, California
San Bernardino, California
Salt Lake City-University, Utah

Are these stores unprofitable, or is Office Depot being forced out of these places because a new store is opening in those spaces?? Does Office Depot plan to reopen in any of the markets they closed in with smaller stores?? How many stores will they and Staples close before it reaches the ideal amount. Here's my blogpost which explains more on the subject: https://haydenbusinessblog.blogspot.com/2024/01/how-many-people-does-area-need-in-order.html

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| 1558 views | | 1 reply (April 5, 2024)
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Office Depot had a huge layoff on03/27/24

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