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Staples to shutter 225 stores as sales move online
The Boston Globe / The Associated Press ^ | March 6, 2014

Posted on 03/11/2014 4:46:34 PM PDT by 2ndDivisionVet

(VIDEO-AT-LINK)

FRAMINGHAM, Mass. (AP) — Staples will close up to 225 stores in North America by the end of next year as it seeks to trim about $500 million in costs annually by 2015.

The nation’s largest office-supply retailer said Thursday that nearly half of its sales are now generated online, so it will aggressively cut costs to become more efficient....

(Excerpt) Read more at boston.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: economy; layoffs; retail; trends; unemployment
Unexpected.
1 posted on 03/11/2014 4:46:34 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

That was easy.


2 posted on 03/11/2014 4:47:03 PM PDT by workerbee (The President of the United States is DOMESTIC ENEMY #1!)
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To: 2ndDivisionVet

1100 radio shacks too

Office Max might soon join them


3 posted on 03/11/2014 4:48:32 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: 2ndDivisionVet

Ya gotta roll with the punches.


4 posted on 03/11/2014 4:50:04 PM PDT by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: 2ndDivisionVet

I pretty much by everything, but for groceries, online. Really no point in going to the store. Can’t say I’m surprised.


5 posted on 03/11/2014 4:52:04 PM PDT by RIghtwardHo
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To: GeronL

And JC Penney, Sbarro Pizza, Ashley Stewart, Dots Clothing, etc., etc...


6 posted on 03/11/2014 4:52:09 PM PDT by 2ndDivisionVet (I will raise $2M for Sarah Palin's next run, what will you do?)
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To: 2ndDivisionVet

Somebody on another thread said that shopping malls are going to become Section 8 housing. The way shopping is changing, with so many going on the internet for so many things, businesses can’t absorb the overhead expense of too many brick and mortar stores. We’ll see.


7 posted on 03/11/2014 4:59:07 PM PDT by Dilbert San Diego (as)
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To: 2ndDivisionVet

Recovery!!

Heh


8 posted on 03/11/2014 5:03:15 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: 2ndDivisionVet

Only jobs left cept for flipping burgers will be “Hello, my name is Peggy! What is problem please?”


9 posted on 03/11/2014 5:04:34 PM PDT by Autonomous User
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To: Dilbert San Diego

It all depends. I know friends and relatives who live closeby to a megamall so they don’t need to shop online. Then again, there are introverts like another bud of mine who claims “he hates humans” so he shops online LOL


10 posted on 03/11/2014 5:05:09 PM PDT by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
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To: 2ndDivisionVet

Quick, somebody call 0bama so he can stop this madness.


11 posted on 03/11/2014 5:05:34 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Autonomous User

I’ve made decent money the other way around, calling people and selling them things or setting appointments for other salespeople, six figures in one case.


12 posted on 03/11/2014 5:07:17 PM PDT by 2ndDivisionVet (I will raise $2M for Sarah Palin's next run, what will you do?)
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To: Dilbert San Diego

Wouldn't surprise me. Heck, when they start stacking shipping containers on top of each other it won't surprise me.

13 posted on 03/11/2014 5:11:07 PM PDT by 2ndDivisionVet (I will raise $2M for Sarah Palin's next run, what will you do?)
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To: 2ndDivisionVet
And JC Penney, Sbarro Pizza, Ashley Stewart, Dots Clothing, etc., etc...

In obama's America, this is the norm. Iconic retailers that were once familiar fixtures throughout the land are being exterminated by obama's burdensome regulations, confiscatory taxes and his liberal scheme to force unionism on business. When Conservatism is triumphant, so too is American business.

14 posted on 03/11/2014 5:11:09 PM PDT by re_nortex (DP - that's what I like about Texas)
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To: 2ndDivisionVet
I didn't see it in my quick scan of the article, however, one suspects that (although not mentioned) the obamacare cost burden/employee as one of (if not THE) main reasons for the store closures.

If you like your job...

.

15 posted on 03/11/2014 5:14:58 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: workerbee

16 posted on 03/11/2014 5:17:04 PM PDT by Rodamala
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To: 2ndDivisionVet

Our orders usually arrive in two or three days. Made an order ten days ago; it arrived today.

We are out in the middle of nowhere so it is important we have reliable service and delivery. Hope we can rely on future service no matter if it takes ten days.


17 posted on 03/11/2014 5:21:33 PM PDT by Utah Binger (Southern Utah where the world comes to see America)
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To: workerbee
That was easy.

That didn't take long.

18 posted on 03/11/2014 5:23:46 PM PDT by dfwgator
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To: 2ndDivisionVet

Staples will probably close most of their big stores and open some smaller stores in better locations. That is what they are doing in my locale. Staples sell plenty of high margin items and have a huge online presence. I don’t think they will be going away.


19 posted on 03/11/2014 5:27:12 PM PDT by lodi90
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To: RoosterRedux
Ya gotta roll with the punches.

Obama has been an economic NUKE...

20 posted on 03/11/2014 5:30:10 PM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: RIghtwardHo
As people realize how easy it is to shop online for just about anything, we will see more and more of these retail stores closing.

I now buy most of my clothes online. If they don't fit right, they let you ship it back to them free of charge and they ship a different size. But that happens less and less often and now some websites take your measurements and sent you clothes perfectly fitted for you.

My son bought a laptop online recently, picked the specs he wanted, and one was custom built for him. Then he was able to track it all the way from the factory in China (not that they make any laptops here in USA).

Going to retail stores is more and more of a hassle. I spent 20 minutes in a Home Depot trying to find a garage door remote. The two workers I asked gave me aisle numbers that didn't pan out. Finally found them by the light switches.

Went to a Staples not too long ago and it was completely empty. Not surprised they are closing 225 stores. Just about everything there is cheaper online.

21 posted on 03/11/2014 5:33:04 PM PDT by SamAdams76
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To: 2ndDivisionVet

It’s the economy. I’m thinking,
Judy Moody and a bummer of a summer for the sixth time now.


22 posted on 03/11/2014 6:13:36 PM PDT by Recompennation (Constitutional protection for all not ju st selectively for Democrats.)
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To: 2ndDivisionVet

Oh BS. If there was a good economy, none of these stores would be closing their doors. This is Obama’s fault. This is his economy.


23 posted on 03/11/2014 6:40:03 PM PDT by KC_Conspirator
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To: Utah Binger; 2ndDivisionVet

“Our orders usually arrive in two or three days.”

I order a fair bit of stuff online. It is convenient, and I it is also easy to campare prices when I need to do that. One of my sources is very prompt...I ordered some stuff Sunday and got it today, free shipping.

Once in a while I might order something that comes from overseas...an Ebay order on 2/25 arrived yesterday, 3/10...10 days from Europe...I have ordered stuff from the West Coast that takes nearly as long.

I do not shop at Staples...I do not like the layout of their stores, and I find Office Max usually more competitive. I shop Office Max by visiting their store. And I usually buy ink or toner for my printers on line...prices are way better than Office Max.

I ship a fair bit of stuff to clients/customers in various parts of the country. When I can I use USPS Priority Mail Flat Rate boxes. They get to destination is 2 or 3 days...even to Hawaii.

I do not have an online store...customers are word of mouth. Keeps me as busy as I want to be in my ‘retirement years’. And O’Care does not affect anything I do.


24 posted on 03/11/2014 6:52:39 PM PDT by GGpaX4DumpedTea (I am a Tea Party descendant...steeped in the Constitutional Republic given to us by the Founders)
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To: GGpaX4DumpedTea

Go to www.4inkjets.com
I have been buying their ink for many years. It does not fade and does not clog up your print heads and it is 2 to 4 times cheaper depending on the model of printer.


25 posted on 03/11/2014 8:14:28 PM PDT by minnesota_bound
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To: RIghtwardHo

If shipping is free, I, too, prefer online. Amazon sells almost everything so …


26 posted on 03/11/2014 8:19:28 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: BunnySlippers

I find myself going to fewer and fewer films in the theaters and just wait for it to come out on DVD or better yet, borrow it free from the library. When I do go to the cineplex, I find there are less people at the times where formerly there would be decent crowds. With the ability to stream quality shows to my android device for 79 dollars a year, that’s more relaxing and convenient for me to get my entertainment that way.


27 posted on 03/11/2014 8:29:28 PM PDT by Ciexyz
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To: Ciexyz

Me too! =8o)


28 posted on 03/11/2014 10:11:10 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: GGpaX4DumpedTea; 2ndDivisionVet

Used to be that eBay was very productive for our inventory that had not sold. Lately though hardly any sales of any substance. We used to buy boxes from Uline but their shipping costs were/are way too high. If I order over $100 from Staples shipping is free.

We ship lots of artwork and Priority mail is terrific. They did lose a $900 painting last year though.

http://www.thunderbirdfoundation.com/shop/


29 posted on 03/12/2014 5:23:12 AM PDT by Utah Binger (Southern Utah where the world comes to see America)
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To: 2ndDivisionVet; blam; M. Espinola; TigerLikesRooster; Chunga85; Old Sarge; Progov
This was totally a planned takedown of US economy by the greedy elite that control our corrupt two party system along with the court system and King Zero:

20 Facts About the Great US Retail Apacolypse That Will Blow Your Mind !

30 posted on 03/12/2014 6:25:56 AM PDT by ex-Texan (The Time to "Wake Up" is Over !)
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To: minnesota_bound

Thanks, and yes, they are good. Also known as LD Products. I buy inks for my ink jet and toner for my laser from them. Their ink jet colors are good. Don’t run or fade. And yes, very economical.


31 posted on 03/12/2014 10:59:14 AM PDT by GGpaX4DumpedTea (I am a Tea Party descendant...steeped in the Constitutional Republic given to us by the Founders)
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To: Utah Binger

Have you used Amazon?


32 posted on 03/12/2014 1:23:08 PM PDT by 2ndDivisionVet (I will raise $2M for Sarah Palin's next run, what will you do?)
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To: 2ndDivisionVet
Amazon?

We tried Amazon four or five years ago. We mounted a Milford Zornes show but I think the price points were too high and nothing sold. Probably should check back into that again for less expensive material.

33 posted on 03/12/2014 1:39:18 PM PDT by Utah Binger (Southern Utah where the world comes to see America)
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To: ex-Texan

I made it over. This news is yet another example of Obama’s laid off economy.


34 posted on 03/13/2014 2:09:03 AM PDT by M. Espinola
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