This is a detailed report covering Staples’s store formats, private labels, history, key employees, and key financial and operational metrics in the US.
Introduction and Landscape
Why was the report written?
This is a comprehensive report covering Staples’ operations in the US. It offers an insightful analysis of the company and details of its store formats, private labels, history, news, key employees, and key financial and operational metrics. The report also presents market shares and investment strategies of the company’s key local competitors.
What is the current market landscape and what is changing?
The “Other specialist retailers” retail channel in the US is dominated by two retailers, which account for more than 25% share of the market. The retail channel grew at a rate of 0.01% during 2012 and is expected to decrease at a CAGR of 0.1% during 2012–2017, according to Conlumino.
What makes this report unique and essential to read?
The report provides detailed information on Staples’s operations and strategy in the US. Additionally, it presents the latest revenues and investment strategies of the company’s key competitors in the country.
Key Features and Benefits
The report provides comprehensive analysis of Staples’ operations in the US and is an essential tool to gain a detailed understanding of the company’s local operations.
The report presents Staples’ strategy, which is essential in understanding the direction of the company in the coming years.
A unique table that presents the information of major retailers in the US. It provides information on the retailers’ store banners, country of origin, store count, and the year of inception in the US.
An insightful analysis of Staples in the US, providing details of its store formats, private labels, history, news, key employee biographies, and key financial and operational metrics.
The report provides revenue data of Staples and its key competitors in the US. Additionally, it presents investment strategies of the company’s key competitors, and this information is essential to gain an understanding of the market.
Key Market Issues
The world’s largest economy has been facing volatile economic growth following the recession in 2009. The US economy grew at a rate of 2.4% in 2010, which further slowed down to 1.8% in 2011 before recovering partly in 2012 to reach a growth rate of 2.2%. Due to these volatile conditions there has been a significant impact on the retail industry in the US.
Staples plans to focus on improving productivity of its existing stores instead of opening new ones.
Staples plans to reduce the square footage of its stores by 15% by 2015 to minimize costs.