Sellers Source

[Karin's Take] It’s always interesting (and a bit reassuring) to see larger retailers taking common-sense cost saving measures that we “little” retailers took long ago.

Are there any measures they’re taking that you can apply to your business? ##

By Jenn Abelson | Source: Boston Globe

Customers are visiting stores less frequently and buying fewer items at the office supply chain’s 1,430 shops. In recent months, businesses have cut back delivery orders, especially for high-priced merchandise like office furniture and computers. And last summer and fall, Staples Inc. saw sales drop for two straight quarters at stores open at least a year for the first time since 2000.

So, the Framingham retailer is trimming costs everywhere it can, reducing advertising, delaying new hires and renovations, curtailing employee travel, and saving gas with devices that limit the maximum speed of its delivery trucks.

Read the full story at the Boston Globe >>