skinny.

Latest / Raleigh News Today | 2 Min News | The Daily News Now!

Office Depot Shrinks as E-Commerce Takes Over | Raleigh News

Office Depot’s relentless store closures reflect a broader retail crisis as e-commerce reshapes the office supply market—once bustling with physical stores, now hemorrhaging locations as Amazon and online shopping dominate. With over half its stores shuttered since 2013 and revenue projected to dip 2% annually through 2026, the company’s strategy is clear: consolidate and reinvent. From North Carolina to Oregon, closures are accelerating, and the private company no longer discloses its store count. But the future isn’t dead—it’s evolving. Surviving outlets may transform into community hubs or…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.