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Staples Will Close 50 Stores This Year

March 7, 2016

Via: Time

Office supplies retailer Staples is planning to keep closing more North American stores in 2016, adding to the hundreds of locations it has shuttered in recent years.

Staples, which is in the midst of a battle to win government approval to buy rival Office Depot, said on Friday it would close 50 of its 1,607 North American stores this year, as it looks to slow declining sales.

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