Is Staples Closing Stores? Is It Going Out Of Business In 2024?

The office supply giant Staples, much like other companies, is closing stores this year. But since Staples is doing financially well, customers want to know why they are closing stores then.

Keep reading to find out the reason behind this decision and the list of Staples closing stores.

List of Staples Closing Stores

Is Staples Closing Stores?

Staples is an office supply store that mainly caters to small business owners and sells quality products at affordable prices.

In 2022, there were 1,029 Staples stores in the U.S., with California having the most stores with 140 locations, representing about 13% of the total Staples stores.

Staples has been closing stores since 2014, and in 2020, Staples announced closing 140 stores.

Why Is Staples Closing Stores?

Since Staples is doing well financially and is even the number one office supply chain, customers are wondering why they are closing stores then.

The rise in work-from-home culture ever since Covid has impacted the sales of office supply stores, including Staples, Office Depot, etc.

Initially, customers relied on Staples and other office supply store brands for their office or business-related purchases.

However, now with the remote working scenario, customers have started purchasing from online retailers instead of going to the store for shopping.

Staples has been closing stores since 2014 as a part of their new strategy to meet the changing demand of customers, and with the current trend, the closure has increased even more.

Customers have been shifting to online shopping, and Staples is having a hard time increasing their sales because of the changing shopping habits.

So in order to stay operational, Staples need to shift their focus to online selling.

Read: Staples Hours – What Time Does It Open & Close In 2024?

Also Read: Staples Hours – What Time Does It Open & Close In 2024?

List of 140 Staples Closing Stores In 2023

Staples has not revealed the exact locations where it will be closing down. However, its most recent closure includes locations at Emporia, Framingham, Austin, and others.

To find out the list of Staples closing stores near you, you can go to their store locator page and search for Staples outlets that are still open and others that have been closed.

Is Staples Closing Stores Permanently?

Staples has not made it clear if it is closing stores permanently. However, since it wants to shift its focus to selling products online, the closures might be permanent.

As of now, there is no publicly available list of closing stores. However, you can always check the status of Staples stores near you by visiting their store locator page.

And Since Staples is closing stores, it is giving away 50% off, too, so make sure you check the Staples stores closing near you to avail the benefits on discounted goods.

Wrap Up

Staples, although a leader in office supply products, is closing stores much like other companies, including Macy’s, CVS, Big Lots, etc.

In order to stay afloat in the market and to cater to changing customer shopping preferences, it is the need to the hour for these companies to shift their focus toward e-commerce.

We hope the decision to close down stores will be fruitful for Staples in the future. Also, be on the lookout if the company reveals the list of Staples closing stores in 2023. 

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