Office Depot has announced plans to open six superstores and 24 express formats in Colombia. The company says the new stores will be located in Bogota, Medellín and Cali.
Office Depot plans to continue its expansion in Colombia after these initial openings, with cities such as Barranquilla and Cartagena as possible targets. In five years the company expects to have 150 express 200-300m2 stores and 50 superstores measuring 2,000-3,000m2.
Mexican-based Grupo Gigante is handling the the investment and the control of the operations.