FRAMINGHAM, MA-Even with expectations of negative comp-store sales for much of the year Staples will continue to open new stores steadily in North America this year, executives said at the company’s fourth quarter conference call.

The company will open 100 stores in North America, including five or six Copy & Print Shop units, on par with last year. Stores will open in Minneapolis, Houston and Kansas City this year, and the company will look for locations across the United States and Canada. The growth comes despite expectations of a weak economy for the rest of the year.

“Our plan all along was to keep a steady or measured pace,” said Michael Miles, president and COO. “When others were ramping up new store growth, we were steady. There are still lots of trade areas where we have no stores. One hundred stores is prudent this year, last year and probably next year, too.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.