OFFICE DEPOT STARTS $82MI. RESTRUCTURING

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OFFICE DEPOT STARTS $82MI. RESTRUCTURING

 user 2005-12-29 at 9:58:00 am Views: 55
  • #13365

    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.