Staples Closing More Stores

By Liz Taurasi

Staples has announced it plans to close more stores that was announced earlier this year.

The office supply chain, headquartered in Framingham, Massachusetts closed more than 120 stores so far this year and now expects to close 170 stores during 2014, CBS Boston is reporting. The company previous reported it would close 140 stores this year.

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

There are still Staples locations open in Marlborough, Westborough, Natick and Needham. 

In September 2012 the company announced it would close 30 stores. 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.