OFFICE DEPOT STARTS $82MI. RESTRUCTURING

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Date: Thursday December 29, 2005 09:58:00 am
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    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.

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