*NEWS*OFFICE DEPOT STARTS RESTRUCTURING

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*NEWS*OFFICE DEPOT STARTS RESTRUCTURING

 user 2005-12-29 at 9:56:00 am Views: 81
  • #13563

    Office Depot Commences Company-Wide Restructuring
    Office Depot announced that it will restructure its domestic and international fronts. The OPSS retailer will close 16 underperforming stores in North America and 11 stores overseas, at a combined cost of $63.1 million, and eliminate its Viking brand in the U.S. as part of a consolidation plan that will cost the company $82.2 million.