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Staples unveils plan to close 60 stores, invest in online/mobile efforts
Framingham, Mass. -- Staples Inc. announced Tuesday a strategic plan to shore up sales and profitability that will involve accelerating the closure of 15 U.S. stores and 45 stores in Europe.
The office supplies retailer also said it will ramp up investment in its online and mobile efforts.
The announcement comes after a soft second quarter in which profit and traffic dipped downward.
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Whole Foods earns green distinction
AUSTIN, Texas — Whole Foods Market has received a 2012 Green Power Leadership Award for sustained excellence from the Environmental Protection Agency for its renewable energy purchase of 800 million kilowatt-hours (kWh) last year.
In addition to its renewable energy purchases, Whole Foods Market is generating nearly 258,000 kWh annually with the use of on-site solar arrays. Whole Foods Market adds this most recent award to its three previous Green Power Partner of the Year and two Green Power Purchasing awards from the EPA.