Wednesday, August 17, 2016

Staples Forecasts Further Sales Declines, Closing 50 Stores

ReutersStaples, the biggest U.S. office supplies retailer, forecast its 15th straight quarter of declining sales as it closes stores in the face of intensifying competition.


Staples and former merger partner Office Depot are struggling to compete with Wal-Mart Stores and Amazon.com at a time when people are using less stationery.. . . more

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