Staples takes over U.S. Postal Service? Staples takes over Office Depot, 1-thousand closings to follow!

05 February 2015 (11:15 UTC-07 Tango 01)/15 Rabi ‘ath-Thani 1436/16 Bahman 1393/17 Bing Yin (12th month) 4712

After shutting down dozens of stores OfficeMax has sold off Office Depot, and not even for cash!  Mitt Romney wunderkind Staples is the new owner of Office Depot after trading $6.3-billion USD worth of stocks for it!  Reports say 1-thousand stores will be shutdown!

The American Postal Workers Union is challenging the sale, calling it “monopolistic and unlawful”.  The U.S. Postal Service (USPS) recently signed a deal with Staples to contract out your local Post Office jobs to Staples!  The administrators of the USPS admitted the contracting out of postal jobs is to greatly reduce pay and eliminate benefits.

Office Depot joins shutdown gang

Staples ups the ante

24/7 Wall St reporting that eight retailers will close more stores in 2013: Best Buy, Sears Holding (Kmart and Sears stores), JCPenney, Office Depot, Barnes & Noble, Gamestop, Office Max and RadioShack.