Boca Raton, FL-based office supply retailer, Office Depot, Inc. (NYSE:ODP), announced the closure of 126 stores and six distribution centers today, Dec. 10, 2008. The company made the announcement as part of its strategic review process, initiated in late October. Labeled underperforming, Office Depot will close 112 stores over the next three months, while the remaining 14 closures will occur over the course of 2009 as leases expire or terminations are negotiated.