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On March 6, 2014, Staples announced it would close up to 225 stores in North America by the end of 2015, in order to cut $500 million in costs annually, and focus more on e-commerce. [ 22 ] On February 4, 2015, Staples announced a plan to once again acquire Office Depot , which itself had recently acquired OfficeMax in a bid to compete against ...
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With over 95% of its stock acquired by Staples, Corporate Express was removed from the AEX index on 4 July 2008. [14] Shares of the company were delisted on 5 August as Staples gained full control. This Buyout of 1.68 billion Euro, Equal to 2,204,910,223.03 USD, was one of the biggest of the decade. Corporate Express is now part of Staples ...