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Office Depot to Close 400 Stores

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Office Depot announced Tuesday that it expects to close at least four-hundred stores by the end of 2016, after a preliminary analysis of the company's US retail store portfolio. The company, which also reported a quarterly net loss, anticipates closing 150 stores this year, mostly in the fourth quarter, it's not been said which ones. Office Depot merged with OfficeMax last November. There are three Office Depot stores in the Calumet Region. 


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