Office Depot and OfficeMax close over 100 stores amid acquisition and changing consumer habits

masslive.com

Office Depot and OfficeMax are closing over 100 more stores, continuing a significant downsizing after 40 years in business. This move is driven by shifting consumer habits towards e-commerce and the rise of remote work, alongside a pending acquisition by Atlas Holdings. The company has already closed over 1,000 locations since 2023, reflecting broader industry challenges of declining demand and intense competition.


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Office Depot and OfficeMax close over 100 stores amid acquisition and changing consumer habits | News Minimalist