Major office supply companies Office Depot and OfficeMax, both owned by the ODP Corporation, continues shrinking its retail footprint as changing consumer habits and a pending acquisition reshape the chain’s business strategy.

The company reduced its store count from approximately 922 locations in 2024 to about 830 in 2025 — a trend that looks to continue.

During the second quarter of 2025 alone, ODP reported closing 60 retail stores over the previous 12-month period.

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Multiple factors are driving the ongoing consolidation.

Consumers have increasingly shifted to e-commerce giants like Amazon and Walmart for office supplies.

Meanwhile, the rise of remote and hybrid work arrangements has significantly reduc

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