11 March 2017

Staples: 70+ Stores Closing Nationwide This Year


staples

Staples is planning to close approximately 70+ stores in North America by year-end 2017.
 The reason for the store closures is to free up cash flow after seeing an 8% drop in sales in the 4th quarter of 2016 as compared to 4th quarter 2015.
At this time, it is not known which locations will be closing or when they are expected to close.
 For more information and to read the official Staples announcement, head here.