Staples (SPLS) announces a new strategic plan that will include reducing its retail square...


Staples (SPLS) announces a new strategic plan that will include reducing its retail square footage space by 15% by the end of FY15 and enhancing its online business by integrating it directly with retail channels. Store closing in the U.S. and Europe will be accelerated as part of the trimming down. SPLS +1.1% premarket.

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  • positivethoughts
    , contributor
    Comments (2065) | Send Message
     
    Weak stores will close, repackaged as strategic.
    25 Sep 2012, 10:48 AM Reply Like
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