Staples Inc. Description.

963 WordsApr 26, 20164 Pages
STAPLES INC. Description Staples Inc. was founded in 1985 and was incorporated on January 23, 1986, and has its headquarters in Framingham, Massachusetts (Liang, 2012). The company has three principal subdivisions: North American Stores and online, North American Commercial and International Operations encompassing 2000 stores globally in 26 nations. The corporation offers a comprehensive variety of merchandises that include: office provisions, business equipment merchandises and amenities, facility and break room supplies, computers and mobility commodities and workplace fittings under proprietary brands such as Quill and Staples. The enterprise correspondingly affords copying and printing amenities to its wholesale and delivery consumers. It also delivers technological merchandise through its business Easy Tech. West (2014) The company sells its products to the customers through online websites: Staples Express, Staples.com, Staples.ca, USPS and Quill.com and through its retail stores, CRM its contract sales force, and its mail catalog businesses (para. 1). Problematic Area In 2015, half of the market value of Staples Inc. was wiped out, the company 's shares declined by forty-eight percent (Egan, 2015). Berr (2014) In 2014, Staples Inc. announced that it will shut down one hundred forty stores in North America (para. 3). Numerous factors have contributed to this decline. One of them is that the market for its products has reduces drastically over the years this
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