Staples brand to disappear from UK High Streets

Staples brand to disappear from UK High Streets
 

The UK High Street is losing another brand following the sale of Staples, the stationary specialist, to a restructuring company.
The US owner of Staples has sold the UK arm, which employs 1,100 people across 106 stores, to Hilco for a "nominal" sum.
Hilco said it was planning to phase out Staples-branded shops over the coming months.
Staples also operates online and business-to-business operations.
Paul McGowan of Hilco Capital, which also owns entertainment retailer HMV, said: "While retail in the UK has been challenged recently, a team led by retail veteran Alan Gaynor will... read more

 
17 November 2016 in Business, Views: 42
Source: BBC
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31