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OfficeMax plans smaller stores

from Crain's Chicago Business

OfficeMax Inc. is joining other big box chains like Wal-Mart Stores Inc. and Best Buy Co. in jumping on the smaller-store bandwagon. In a recent interview with Crain's, CEO Ravi Saligram said the Naperville-based company will debut a new, smaller urban store format in April. The new stores will range between 5,000 and 15,000 square feet, compared to current stores that can run as large as 30,000 square feet. The first new stores will not be in Chicago, he said, but the format will arrive here sometime in 2013. more

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