Staples Announces Hundred of Closures - KFBB.com News, Sports and Weather

Staples Announces Hundred of Closures

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We told you about Radio Shack, now we're learning Staples has announced the closure of up to 225 stores in North America by the end of next year.

Company officials say they are trying to trim about $500 million in annual costs by 2015.  The nation's largest office-supply retailer says nearly half of its sales are now generated online. So, it will aggressively cut costs to become more efficient.  The office supply chain says it will close 10% of its stores.  Currently, it is unclear if any stores in Montana will be affected.

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