The Office Times

Office Outlet examines restructuring

Office Outlet, formerly Staples UK, has called in advisers to examine restructuring options, according to an article in This Is Money.

This Is Money reported that sources said “the deteriorating outlook for consumers has hampered attempts to get the £100million-turnover business back on track” and that “Office supply retailers are also struggling as commercial customers are using online suppliers.”

Office Outlet has 90 stores in the UK, selling stationery, technology, office furniture, breakroom and print solutions.