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What was Staples called before Staples?
The firm was known as Buhrmann prior to , when it changed its trading name to that of its best known brand, taken from the United States-based corporation it acquired in 1999. The company was acquired by Staples Inc. in August 2008, and has been integrated into the Staples Advantage brand.
What is Staples famous for?
After driving from store to store and not finding the correct ribbon, Tom came to a realization: The world needed a supermarket for office products. Ten months later, Staples, the first office superstore, was open for business. And office supplies became more accessible, and affordable, to all who needed them.
Why did Staples go out of business?
Staples, the world’s largest office supply chain, will close 140 locations this year due to increased competition from online retailers. The company closed 80 outlets within North America in the fiscal second quarter.
Did Staples go out of business?
Staples Inc., the Framingham-based office supplies retailer, is no longer a public company after private equity firm Sycamore Partners said it completed its $6.9 billion acquisition of the company.