Express
In 2016, the company said it would close 100 of its spots by 2022, with the first 31 shutting down in the first two months of 2020. 35 more stores are scheduled to close between January 1st and December 31st, 2021, while 25 additional stores are planned to open the following year.
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Office Depot
Office Depot’s restructuring plan, which was first announced last spring, will be extended until 2021. The office supply company plans to close an unknown number of locations and lay off approximately 13,000 employees by 2023. The plans are part of the company’s ongoing cost-cutting efforts as it transitions from a traditional store to an IT services provider, according to sources.