Staples To Close 225 Stores

Staples To Close 225 Stores

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