Office Depot Inc. said Monday it would close 16 stores in North America and 11 more in its international division in hopes of boosting future performance.
The company, the nation's second-largest office products retailer, said it would also eliminate the Viking brand in the United States and close two warehouses.
Along with the store closings abroad, Office Depot plans to close one warehouse, consolidate call center facilities and stop the contract business in one country. The changes, which are expected to be complete by early next year, are estimated to cost $82.2 million.
It did not say how many jobs would be lost or where the changes would be made, according to a document filed with the U.S. Securities and Exchange Commission on Monday.
In a brief statement, Office Depot said the changes are "designed to focus the company on profitable growth, improve efficiency and enhance the company's performance."
Last November, Office Depot announced plans to cut 1,700 jobs, including positions in retail stores, its corporate headquarters and its European sales force.