Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

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
Navigation: use the links below to view more comments.
first 1-2021-34 next last
Unexpected.
1 posted on 03/11/2014 4:46:34 PM PDT by 2ndDivisionVet
[ Post Reply | Private Reply | View Replies]

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!)
[ Post Reply | Private Reply | To 1 | View Replies]

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!)
[ Post Reply | Private Reply | To 1 | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

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
[ Post Reply | Private Reply | To 1 | View Replies]

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?)
[ Post Reply | Private Reply | To 3 | View Replies]

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)
[ Post Reply | Private Reply | To 6 | View Replies]

To: 2ndDivisionVet

Recovery!!

Heh


8 posted on 03/11/2014 5:03:15 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
[ Post Reply | Private Reply | To 6 | View Replies]

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
[ Post Reply | Private Reply | To 1 | View Replies]

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))
[ Post Reply | Private Reply | To 7 | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

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?)
[ Post Reply | Private Reply | To 9 | View Replies]

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?)
[ Post Reply | Private Reply | To 7 | View Replies]

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)
[ Post Reply | Private Reply | To 6 | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

To: workerbee

16 posted on 03/11/2014 5:17:04 PM PDT by Rodamala
[ Post Reply | Private Reply | To 2 | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

To: workerbee
That was easy.

That didn't take long.

18 posted on 03/11/2014 5:23:46 PM PDT by dfwgator
[ Post Reply | Private Reply | To 2 | View Replies]

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
[ Post Reply | Private Reply | To 1 | View Replies]

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?)
[ Post Reply | Private Reply | To 4 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-34 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson