Express
Last year, Express announced that it would close 100 of its stores by 2022, starting with 31 locations in 20 states in January 2020. Another 35 stores are set to close by the end of January 2021, with another 25 set to close the following year.
Office Depot
Office Depot’s reorganization plan, which was first announced last spring, will last until 2021. The office supply company will then close an undisclosed number of stores and lay off over 13,000 employees by 2023. The plans, according to reports, are part of the company’s ongoing efforts to cut costs as it transitions from a traditional retailer to an IT services provider.