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Staples sales fall for eighth straight quarter

Published: March 8, 2015  By: admin, In: News,  4 Comments
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By Sruthi Ramakrishnan, Reuters

Staples Inc reported its eighth straight decline in quarterly sales, highlighting the company’s need to seal its deal to buy Office Depot Inc. as competition in the office supplies market intensifies.

Staples struck a deal in February to buy Office Depot for $6.3 billion to better compete against Wal-Mart Stores Inc. and Amazon.com Inc, which have been taking business from traditional sellers of paper, pens and toner.

The deal is working its way through the antitrust process but is widely expected to win approval.

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Comments (4)
  1. Perry R. Obray says - Posted: March 8, 2015

    The Tahoe store is ghettoed.

  2. Kenny "Tahoe Skibum" Curtzwiler says - Posted: March 8, 2015

    I would disagree with that. The employees have always been helpful and the store is always clean.

  3. Slapshot says - Posted: March 8, 2015

    The Tahoe store has great employees and service we get supplies there all the time.

  4. Moral Hazard says - Posted: March 9, 2015

    Its just Perry