Question

Should Staples close stores and focus more on “online sales?”

  1. Should Staples close stores and focus more on “online sales?”

Homework Answers

Answer #1

It is good that retail firm Staples Inc. closes its physical stores and focus more on online sales. The following are the behind this.

  • The company could meet the requirements of the changing needs of its customers.
  • The company could switch from the steadily decreasing brick-and-mortar stores to exponentially growing digital business.
  • The company could generate more business and expand its customer base.
  • The company could reach the unreachable customers through its physical business.
  • The company could reduce its expenditure further.
  • The company could enter into new product areas while going digital.
  • The company could counter the competition from digital companies.

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