Description: In yet another setback for the retail sector, Staples Canada has closed 15 stores across Canada. As with Grand & Toy and Office Depot, Staples seems to be losing out to online companies such as Amazon.com.

Source: BNN

Date: October 01, 2014

Video Link: http://www.bnn.ca/News/2014/10/1/Staples-closes-15-stores-in-Canada.aspx

Questions for Discussion:

1. Will Staples too end up like Grand & Toy and Office Depot and close all its stores in Canada?
2. Suggest possible strategies for Staples to compete against online companies.
3. Why do consumers prefer to buy office products online?