Staples to fight Amazon by being Amazon

|By:, SA News Editor

Shares of Staples (SPLS +1.2%) show some signs of life after last week's Q4 report from the retailer created a resounding sell-off.

Some investors are welcoming the increased focus by Staples on selling online. The company now offers more than 500K products off its website and isn't done broadening into new categories.

Staples nugget: Last year, only Amazon earned more revenue off of its website than Staples.