The whole market falls more than 2% and this MF dops half a percent? Seriously, Internet retailers are eating this companies lunch and Ameruica is in a DEPRESSION. No hiring, no jobs, no demand. How is this company still $15/share? Worth less than $10.
How are they still in the teens instead of single digits? Easy, just keep cutting operating expenses, lower manpower in the stores, give cheesy health insurance, make order minimums higher for free delivery ( now $75 ). If don't want to pay charge, force customers to have to come to store to pick up merchandise. Staple's management needs to realize that in order to make money, you have to spend it especially on it's employees and not on the pockets of the upper management who are seriously overpaid via salary and bonuses and letting the company spiral down by hiring flunkies from Walmart and making stupid decisions.