quote: Retailers losing business to e-tailers
quote: Except Staples already has a strong and highly competitive online presence.
quote: Just another example of how fantastically great our growing economy is
quote: What's hurting Staples' sales is increased competition from online retailers like Amazon, where users can simply jump online to buy what they want and typically get the item for a cheaper price than brick-and-mortars (and even free shipping at times).
quote: Staples also has steeper competition with other brick-and-mortars, such as Office Depot, which bought Office Max for $1.2 billion a year ago. Combining these two chains offers more locations to choose from.