Office Depot provides 1Q update

BOCA RATON, Fla. Office Depot announced that North American retail sales comps in the first quarter to date are tracking slightly better than its fourth quarter performance.

The company announced that it also will close six distribution facilities identified as part of the North American supply chain network consolidation by the end of the first quarter and close 112 North American Retail stores, identified as part of the strategic review, by the end of the first quarter.