Express
Express said last year that it plans to eliminate 100 of its stores by 2022, starting with 31 locations in 20 states in January 2020. Another 35 outlets are set to close before the end of January 2021, with another 25 following the following year.
Office Depot
The reorganization initiative announced by Office Depot last spring would extend until 2021. The office supply company would then close an unspecified number of stores and lay off around 13,000 workers by 2023. The initiatives, according to reports, are part of the company’s ongoing efforts to save costs as it converts from a traditional store to an IT services provider.