Express
Express plans to eliminate 100 of its stores by 2022, starting with 31 outlets in 20 states in January 2020, according to a statement made last year. Another 35 closures are planned before the end of January 2021, with another 25 scheduled for the following year.
Express
ADVERTISEMENT
Office Depot
Office Depot’s restructuring plans, announced in the spring, will last through 2021, according to the firm. By 2023, the office supply company will close 13,000 outlets and lay off 13,000 people if all goes according to plan. As it evolves from a traditional store to an IT services company, many of the modifications are part of the company’s ongoing cost-cutting strategies.
Office Depot