Writing’s on the wall for Staples
What’s happening to our high streets? They’re unrecognisable from how they looked even 10 years ago, aren’t they? And doesn’t it feel like the shops from our childhoods are rapidly disappearing, with Woolworths, Jessops and Comet among famous names that have closed for good?
Now stationery supplier Staples looks likely to be the next well-known brand to bite the dust. As the Metro reports, 100 Staples stores in the UK will no longer be branded Staples as it’s been sold by its American owner to restructuring company Hilco for a ‘nominal fee’. The plan is to phase the stationery specialist out over the coming months, leaving 1,100 staff with an uncertain future!
Be honest, though, how many of us have shopped in Staples recently and bought pens, paper or printing essentials? Here at UKMums.TV we’re willing to bet the answer’s not many and that’s why the office superstore reported £5million losses in its most recent accounts.
It’s been a bad year for UK retail, generally. Several stores announced they will close their doors this year alone, including BHS, Austin Reed, Banana Republic and American Apparel. Are you concerned by this trend? Let us know your thoughts over on our Facebook and Twitter.