Tuesday, May 24, 2016

"Location of Office Depot’s 'store of the future' is top secret for now"

Interesting news from business reporter Jeff Ostrowski at the RealTime blog about a "top secret" Office Depot store:

The company is testing a 15,000-square-foot “Store of the Future” that’s about half the size of the retailer’s old big-box locations.
     In a call with analysts Monday, Office Depot Chief Executive Roland Smith said he’s “very excited” about the concept. For shoppers, the smaller stores are “easier to navigate,” Smith said.
     “Our first Store of the Future opened this past February, and the initial test results have been very positive,” Smith said. “As a result, we plan to expand the test to 20 stores by the end of the year.”

[and. . .]

Office Depot isn’t divulging the store’s location.