Staples saw total second-quarter results drop 1.8%, to $5.22 billion, and CEO Ron Sargent said during the Aug. 20earnings call that the company will close about 140 North American stores this year.
But, Sargent said he’s confident in the company’s reinvention strategy focused on enhanced customer experience andecommerce. Staples operates 1,800 stores in North America and maintains locations in 25 countries globally
Online sales rose 8% in the second quarter, driven by increased business customer acquisition, improved....