Hot Retail Companies To Invest In 2016

Hot Retail Companies To Invest In 2016: Staples Inc.(SPLS)

Staples, Inc., together with its subsidiaries, operates as an office products company. The company offers various office supplies and services, office machines and related products, computers and related products, and office furniture under Staples, Quill, and other proprietary brands. It also provides copy and print services to retail and delivery customers, as well as technology services through its EasyTech business. The company sells and delivers office products and services directly to businesses and consumers through Internet retail, including Staples.com and Quill.com, as well as through contract sales force, direct mail catalog business, and retail stores. As of January 28, 2012, it operated 2,295 retail stores in 48 states and the District of Columbia in the United States; and 10 provinces and 2 territories in Canada, as well as in Belgium, Finland, Germany, the Netherlands, Norway, Portugal, Sweden, the United Kingdom, China, Argentina, and Australia. The company also operated 124 distribution and fulfillment centers in 29 states in the United States; 7 provinces in Canada; and in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, the United Kingdom, China, Argentina, Brazil, and Australia. Staples, Inc. was founded in 1986 and is based in Framingham, Massachusetts.

Advisors' Opinion:

• [By Douglas A. McIntyre]

  In other instances, companies have made poor operational decisions. An example is the slow pace at which Staples (NASDAQ: SPLS) has closed locations. Staples built an online business without adequately downsizing its brick-and-mortar locations, even though sales did not justify the large number of stores.

• [By Monica Gerson]

  Staples, Inc. (NASDAQ: SPLS) offered an update on data security incident. The compa! ny said malware could have allowed access to some transaction data. Staples shares dropped 0.51% to close at $17.55 on Friday.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-retail-companies-to-invest-in-2016.html