US retailer converts store to co-working space
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As online sales continue to grow, big-box retailers are being left with a lot of real estate that they no longer have a use for. Rather than selling these properties, some retailers are thinking up new uses for them. One of these is US retailer Office Depot, which is repurposing some of its buildings into co-working spaces. Office Depot is seeing growing revenue, but much of this growth is in buy-online-pickup-in-store. This growth leaves a lot of space in the brick-and-mortar stores under-utilised. Therefore, the company has recently decided to pilot innovative ways to use the store footprint. The first…
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