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Home»Finance»Former retail giant has closed over 1,000 locations
Finance

Former retail giant has closed over 1,000 locations

July 2, 2026No Comments5 Mins Read
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Some types of retail work higher in a brick-and-mortar retailer than they do on-line.

Clothes and footwear, for instance, advantages from the flexibility to strive the gadgets on. Even individuals who put on the identical measurement throughout a number of manufacturers someday placed on an outfit, a pair of sneakers, or some fancy footwear solely to seek out that they do not match proper.

The web shines, nonetheless, on gadgets that do not have to be held, touched, or tried on. That has made some retailers extra weak than others.

Workplace provide chains, which incorporates Workplace Depot and Staples, have been in a sluggish, regular decline.

“Workplace provide shops as a sector make use of some 60,000 folks and usher in $10.3 billion in income within the U.S., which is projected to say no roughly 2% a yr via 2026, in keeping with analysis agency IBISWorld.

That has led to Workplace Depot closing greater than half its shops since 2013, a course of that has continued with the chain’s most up-to-date shutdowns.

Workplace Depot has been in a gentle decline

Workplace Depot merged with Workplace Max in 2013, with the mixed chain working about 1,900 U.S. shops following the merger, in keeping with the Dallas Morning Information.

On the time of the deal, the 2 corporations mentioned they deliberate to shut 400 shops. The trade was already in decline, in keeping with FOX Enterprise.

“Workplace provide shops are combating a battle for relevance, with consumers more and more shopping for their paper, toner and expertise on-line from Amazon.com Inc, drugstores or mass retailers. Analysts protecting workplace provide shops have lengthy known as for consolidation in what they see as a cluttered sector whose gross sales crumbled over the past recession,” FOX reported.

The corporate, which is now not public, reported in a an SEC submitting that it had 822 places as of Nov. 5, 2025.

It has continued to shed places since then, however now not gives a retailer rely because it doesn’t need to report outcomes as a non-public firm.

Workplace Depot continues to slowly shrink.Shutterstock

These Workplace Depot places have closed since Nov. 2025

  • Excessive Level, NC: Workplace Depot closed its longtime retailer on the Peters Plaza IV procuring heart at 274 Eastchester Drive on Dec. 20., in keeping with the Excessive Level Enterprise.

  • Fresno, CA: The Workplace Depot on Divisadero Road shut down Feb. 21 after greater than 30 years in enterprise, with workers saying the property proprietor declined to resume the lease, reported CBS47.

  • Ballard (Seattle), WA: The OfficeMax in Ballard closed April 11, 2026 with the constructing having been bought by AutoZone for $7.8 million in late 2025, in keeping with My Ballard.

  • Porterville, CA: The OfficeMax at 1260 W. Henderson Ave., town’s solely main workplace provide retailer, is closing, a part of a pickup in OfficeMax closures that accelerated in 2025, reported Recorder On-line.

  • Merriam, KS: The OfficeMax at Merriam City Middle close to Johnson Drive and Antioch Street is closing, with liquidation gross sales already underway after greater than a decade at that location, in keeping with Johnson County Submit.

The next places look like closed primarily based social media experiences, which TheStreet confirmed through the use of the chain’s retailer locator instrument and seeing that they’re now not listed.

  • Pensacola, FL: The Workplace Depot at 4337 W. Fairfield Dr. closed in 2026.

  • Albuquerque, NM : The previous OfficeMax at 40 Lodge Circle NE closed in 2026.

  • Eugene, OR: The Workplace Depot at 2859 Chad Dr. is ready to shut in 2026.

  • Meridian, MS: The Workplace Depot at 110 fifteenth Place South closed in 2026, per group monitoring information; no native information protection recognized.

Workplace Depot continues to shut shops.

“The retailer is shuttering shops in Grapevine and in Irving, in keeping with signage on the retailers on Tuesday [June 30[. It is not clear when the websites will shut. Each had window shows saying they’d be open on Independence Day,” the Dallas Morning Information reported.

Associated: Buyers ship Macy’s and Kohl’s dangerous retail information

Amazon has taken market share

Workplace provides like printer paper, pens, notepads, and extra are commodities that folks can purchase with out making a devoted journey.

“Even supermarkets have an aisle for workplace provides,” IBISWorld Lead Analyst Brigette Thomas advised Retail Dive. “However I believe the most important is unquestionably Amazon.”

Amazon has taken workplace provide gross sales for a lot the identical purpose Walmart and Goal took market share from Toys “R” Us years in the past. Customers now not make a devoted journey for a lot of commodity purchases. As an alternative, they purchase workplace provides whereas they’re already procuring elsewhere or just add them to an internet order.

“Amazon grew to become the most important retailer in america by way of gross merchandise worth someday in 2025, overtaking Walmart, Looking for Alpha reported Thursday (June 25), citing a report by J.P. Morgan.

IBISWorld information exhibits that the decline within the workplace provides area has been regular.

“The agency famous that workplace provides shops as an trade have suffered ‘constant income declines’ yearly going again to 2005, due each to competitors and the digitization of labor itself. The trade declined by a median annual price of 6.7% since 2016, in keeping with the info.

To ensure that the chain to outlive, RTM Nexus CEO Dominick Miserandino believes {that a} main change is required.

“Most often, there isn’t any purpose to go to these shops simply to purchase workplace provides,” he advised TheStreet. “One of many pivots I have been seeing just lately although is the workplace provide shops changing into extra in individual, occasion, convention locations the place you possibly can print your indicators and different deliverables.”

Associated: Amazon challenges Costco with July 4 fuel financial savings deal

This story was initially printed by TheStreet on Jul 1, 2026, the place it first appeared within the Retail part. Add TheStreet as a Most well-liked Supply by clicking right here.

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