xpedx made a surprise announcement on its Facebook page stating it will be closing its Stores division, which is in charge of its retail locations serving smaller printers, office workers and consumers. The company also recently announced the closure of its Canadian facilities, blaming the Canadian economic conditions and stating it will focus its investments in the U.S. and Mexican markets.
“This year xpedx will realign operations so that we can continue to provide excellent service while helping our customers keep pace with the fast-growing digital print market. This means we will transition away from our current stores business model, to servicing many customers from xpedx’s well established distribution network. We will also open “mini-merchant” locations based in some of the country’s top digital print markets.”
xpedx is an International Paper company. It launched its Canadian operations in August 2007 and eventually acquired West coast distributor Gould Paper in 2009. xpedx was created in 1998, but has roots in the early 19th century.