Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday March 08, 2014

Staples to Close 225 Stores and Focus on Online Sales

Staples announced this week that the company plans to close approximately one fourth of its brick and mortar stores across the nation by the end of 2015. The statement cited lackluster electronics sales in retail locations.

The closings are expected to save the company nearly $500 million by the end of 2015.