Staples speeds up U.S., European store closures

Filed under: AM Roundup |

Staples is speeding up closure of 15 of its U.S. stores and announced plans to shutter 45 stores and delivery services in Europe, reports the Los Angeles Times.

The office products company plans to invest more money in online sales and mobile products. It’s second quarter profits dropped as sales of computers, printers and office supplies dropped. Now, Staples said it is trying to meet its customers’ needs in a timely manner.

Read more at the Los Angeles Times.