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Staples, like many other corporations, has increased part-time employees and reduced full-time workers in recent years. The chain employed 50,020 full-time and 35,067 part-time employees according to its latest annual filing, versus 57,291 full-time and 33,834 part-time associates in 2009.
The company, facing stiff competition from mass merchants such as Wal-Mart Stores Inc and online retailers such as Amazon.com Inc, said in March it would close 140 of its underperforming North America stores this year. Staples said on Wednesday it closed 80 of these stores in the second quarter ended Aug. 2. Staples, however, warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies in North America. Core office supplies accounted for 27.5 percent of its total sales in the year ended February.