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Staples ponders selling its stores in Britain

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Staples ponders selling its stores in Britain

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A Staples store is seen in North Andover, Mass. Thursday, March 1, 2007. Staples Inc.'s fourth-quarter profit grew nearly 22 percent as the nation's biggest office products supplier enjoyed strong growth in its delivery business and a turnaround in Europe, offsetting slow holiday season retail sales in North America. (AP Photo/Elise Amendola)
Staples is considering financial options for its UK operations, including a monetary restructuring or sale of its 107 stores, according to a report. Staples, which operates 259 stores in Europe, announced plans to explore options in May after its planned merger with Office Depot fell through. Read the Boston Herald story here


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