Staples To Close 225 Stores


Published 03/06 2014 08:00AM

Updated 03/06 2014 08:03AM

Staples Logo
Staples Logo
Staples is shutting down 225 stores in North America.

The office supply retailer is trying to trim costs amid weak sales and earnings.

The closings represent 12-percent of its stores in North America.

Staples hopes to save 500 million dollars a year through the closings and other cost cutting measures.

The stores will close by the middle of next year.

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