Business Services Industry

Office Max to Close 40 Stores.

Knight Ridder/Tribune Business News, December, 2001

The Columbian, Vancouver, Wash. Knight Ridder/Tribune Business News

Dec. 21--Office Max, the nation's No. 3 discount office supplier, announced this week plans to close 40 of its 964 stores. But which stores will get the ax has not been determined, a spokeswoman at corporate headquarters in Ohio said Thursday.

Earlier this week, Office Max said sales surged unexpectedly midway through the fourth quarter, but analysts polled by research firm Thomson Financial/First Call are expecting the company to post a loss of as much as 10 cents a share.

Office Max operates two stores in Clark County and another in Portland's Delta Park area.

To see more of The Columbian, or to subscribe to the newspaper, go to http://www.columbian.com...

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