Overview
- Office Depot has announced the closure of nine out of its 36 stores, with closures beginning on April 11, 2025.
- The restructuring plan includes laying off 116 employees on permanent contracts as the company grapples with severe financial challenges.
- The company is burdened with €29 million in debt, primarily owed to suppliers, as it struggles to stabilize operations.
- The Bobigny commercial court will determine the future of Office Depot on April 16, following the submission of the restructuring plan on April 1.
- Store closures will affect six locations in Île-de-France and three in other regions, including Angers, Saint-Nazaire, and Reims, with significant regional economic impacts expected.