Niles Office Depot Closing, Liquidation Sale Underway

NILES, IL — Office Depot plans to close its Niles location at 8331 W. Golf Road as one 50 stores the company intends to shutter by the end of the year. A liquidation sale has begun at the store at Golf Road and Milwaukee Avenue, according to the the Boca Raton, Florida-based company.

The company announced last week that its 2019 first quarter sales were down 2 percent compared to the same quarter in 2018, leading to a decision to shutter two underperforming stores already this year.

"Our first quarter results were disappointing driven primarily by poor performance at our CompuCom division," Gerry Smith, CEO of Office Depot said in a release. "We are taking decisive actions and making numerous improvements in our sales and operational processes to place this business back on-target with its long-term expectations. "

According to Business Insider, a store in Lemont is the only other Office Max or Office Depot — they're both owned by the same company — in Illinois. A closing date for the Niles store is not known, but Business Insider reported several of the closing stores are shutting down on May 18. A company spokesperson said the closures are part of a three-year plan announced in August 2016 to close about 300 stores.

A call to the Niles location was met with a repeating recorded message announcing the store's closure without providing a date. A spokesperson for the village said staff anticipate the store will close on May 18.