Business & Tech

Staples Says It's Closing More Stores

There's a Staples store on Great Road in Acton. It was unclear if it was one of the locations that will be shuttered.

Staples has announced it plans to close more stores than it initially anticipated.

The office supply chain, headquartered in Framingham, Massachusetts closed more than 120 stores so far this year and now expects to close 50 more, CBS Boston is reporting. The company previously said it would close 140 stores this year.

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There’s no word yet on which Staples locations will be impacted by the increase in closures.

Staples has a store on Great Road in Acton.

Find out what's happening in Actonfor free with the latest updates from Patch.

Along with those store closures last year, the company also said it planned to reduce the size of some of its North American stores, close 45 stores and offices in Europe and shake up its leadership team. Company officials had hoped these measures would boost revenue.

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