Office Depot to shutter Canadian OfficeMax Grand & Toy stores
Toronto - OfficeMax Grand & Toy, an affiliate of Office Depot, Inc., will close all of its 19 Canadian retail stores. OfficeMax Grand & Toy will continue to service its business customers via the company’s e-commerce website, customer service centers and direct sales representatives.
The 19 retail outlets, located in Ontario, Alberta, British Columbia and Manitoba, will begin closing in the next few months. Approximately 160 employees, both full time and part time, will be impacted by the store closures. The retailer said only 3% of its sales come from in-store walk-ins.
“We are concentrating our efforts on ways to better serve our customers in response to their changing business needs,” said Simon Finch, general manager, OfficeMax Grand & Toy. “Our customers overwhelmingly prefer an online experience because it offers more products, a constantly growing selection, and convenient door-to-door delivery.”