Office Depot is closing stores, including in Mass.

Office Depot Inc. will close five of its seven stores in Massachusetts as part of a larger strategic review that will result in the closing of 112 underperforming stores in North America over the next three months.

Office Depot is an office supplies retailer with headquarters in Florida and a rival of Staples Inc. of Framingham.

In a press release yesterday, Office Depot disclosed the latest steps the company has taken as part of a strategic review announced in October.

When the store closings are completed, the chain will have 1,163 stores in North America, said Office Depot, which added that 40 of the store closings will be in the Northeast and Canada.

In an e-mail, a company spokesman provided information about the chain's stores in Massachusetts.

The economic downturn has also taken a toll on Staples, which in June announced a $2.6 billion sales agreement to buy Corporate Express NV, a Dutch office supply company.

Last week, Staples confirmed plans to lay off about 140 workers, about half from its home office in Framingham, after reporting a sharp decline in third-quarter net income. To read that Globe story, please click here.
(By Chris Reidy, Globe staff)