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Boston & New England  + Massachusetts  + Retail  | 

Staples and More Shutter Stores

Framingham, MA-based Staples will shutter 50 more locations in an effort to slow losses and return to profitability. The office supply company previously closed 12 percent of its stores from 2014 to 2015 , reducing expenses by $500 million a year.

Compounding Staples’ troubles, a $5.5-billion merger with Office Depot hit a snag with the Federal Trade Commission, which says the combined company would have too large of a market share in servicing the office supply needs of large companies. Staples offered to cancel $1.25-billion in commercial contracts, but analysts now believe the merger is a long shot.

Other reported store closings:
– Office Depot 400
– The Gap 175
– Walmart 154 (+ Walmart Express and 16 additional supercenters)
– Finish Line 150
– Sports Authority 140
-J.C. Penny 87
– Aeropostale 84
-Sears/Kmart 50
– Macy’s 40
– Best Buy 30 (+online marketplace)
– Kohl’s 18
– Target 13

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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