After 132 Years of Selling Stationery, Grand & Toy to Close Stores

A 132-year-old Toronto institution is closing its last retail stores. OfficeMax Grand & Toy announced last week that all of its remaining 19 brick-and-mortar outlets across the country will shut down. The historic office supplies chain, an affiliate of global office products provider Office Depot Inc., said it will continue to do business online and through its customer service centers. "We are concentrating our efforts on ways to better serve our customers in response to their changing business needs," Simon Finch, general manager, OfficeMax Grand & Toy, said in a release.