Former retail giant has closed over 1,000 locations

Some forms of retail work better in a brick-and-mortar store than they do online.

Clothing and footwear, for example, benefits from the ability to try the items on. Even people who wear the same size across multiple brands sometime put on an outfit, a pair of sneakers, or some fancy shoes only to find that they don't fit right.

The internet shines, however, on items that don't need to be held, touched, or tried on. That has made some retailers more vulnerable than others.

Office supply chains, which includes Office Depot and Staples, have been in a slow, steady decline.

"Office supply stores as a sector employ some 60,000 people and bring in $10.3 billion in revenue in the U.S., which is projected to decline roughly 2% a year through 2026, according to research firm IBISWorld.

That has led to Office Depot closing more than half its stores since 2013, a process that has continued with the chain's most recent shutdowns.

Office Depot merged with Office Max in 2013, with the combined chain operating about 1,900 U.S. stores following the merger, according to the Dallas Morning News.

At the time of the deal, the two companies said they planned to close 400 stores. The industry was

Fuente original: Yahoo Finance (https://finance.yahoo.com/small-business/articles/former-retail-giant-closed-over-150700944.html)