Staples to close 225 stores

Written By limadu on Kamis, 06 Maret 2014 | 04.32

NEW YORK (CNNMoney)

The store closings will come to about 12% of its stores in North America. The closings build upon the 40 stores it closed in the region in 2013. Staples said it is aiming to save $500 million annually through the closings and other cost cutting measures.

The announcement comes two days after electronics retailer Radio Shack (RSH) announced plans to close up to 1,100 stores, or about 20% of its locations.

Staples also reported that lower sales and earnings in its most recent quarter that ended Feb. 1., a period that included the holiday shopping period. And it warned that sales and earnings would be lower again in the current quarter, missing forecasts of analysts.

Shares of Staples (SPLS, Fortune 500) tumbled 7% in premarket trading. To top of page

First Published: March 6, 2014: 7:00 AM ET


Anda sedang membaca artikel tentang

Staples to close 225 stores

Dengan url

https://ponselkuirit.blogspot.com/2014/03/staples-to-close-225-stores.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Staples to close 225 stores

namun jangan lupa untuk meletakkan link

Staples to close 225 stores

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger