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Staples: It May Not Be That Easy

Staples:  It May Not Be That Easy

Workers at dozens of Staples Office Supply stores in Michigan are waiting to find out whether they'll still be employed after the company shuts down about 12% of its North American stores.

The company announced the impending closure of about 225 stores after reporting a drop in fourth quarter 2013 sales.

This news follows Tuesday's announcement that electronics retailer Radio shack, which also has a strong Michigan presence, would be closing about 20% of its stores in the U.S. totaling up to eleven-hundred closures.

 

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