Express
Last year, Express announced that it will close 100 of its stores by 2022, starting with 31 locations in 20 states in January 2020. Between the 1st of January 2021 and the end of the year, 35 additional stores are going to be closing down, while 25 are set to open their doors in the following year.
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Office Depot
Office Depot’s reorganization plan, which was first announced last spring, would last until 2021. The office supply company plans to close an unspecified number of stores and lay off over 13,000 workers by 2023. The proposals, according to sources, are part of the company’s ongoing efforts to cut costs as it moves from a traditional retailer to an IT services provider.