Retail News

Staples posts loss, plans store closings

The Wall Street Journal 03/09/2017

The share price of Staples’ stock fell 1.8 percent in premarket trading after the company reported a loss of $952 million in the fourth quarter compared to a profit of $86 million the year before. Staples plans to close 70 stores in North America this year.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!