How many stores did Staples close in 2014?


Quick Answer

Staples closed 169 stores in 2014, according to a March 6, 2015, press release from Staples. The company has scheduled to close at least 56 additional stores in 2015, as part of its large-scale North American closure plan announced in March 2014.

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Full Answer

The store closures are due to a consumer shift toward buying online, with Amazon and other online retailers pulling customers away from Staples. In 2013, Staples' sales through brick-and-mortar stores dropped while its online sales increased. In response, the company is focusing on online revenue by increasing the number of products available online and updating its websites for improved customer experience.

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