Seeking Alpha

Analysis: Staples needs a shakeup

  • Staples (SPLS +0.7%) could have a rough ride in 2014 unless an activist investor comes in to shake up management, predicts Belus Capital's Brian Sozzi.
  • The retailer has seen a string of eight consecutive quarters with declining same-store sales and is mired with an unprofitable European business, notes the analyst.
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