by Admin | Jun 30, 2017 | Companies, News
In a deal that values office supply company Staples at $6.9 billion—a fraction of the $19 billion it was worth seven years ago—Sycamore Partners is coming in to rescue the distressed retailer. Another victim of the growing trend for buying online, Staples has been...
by Admin | Mar 13, 2014 | Companies, News
On Thursday, March 6th, Staples announced that it will close 225 stores by the end of 2015. The closures are the effect of falling revenues as sales shift online. “With nearly half our sales generated online today, we’re meeting the changing needs of...