Office Outlet is the new Staples
Staples on Greenham Road is going to get a makeover and new name.
The store, which was taken over by the owners of HMV, will be renamed as the Office Outlet.
There had been concerns that the store would be forced to close after Staples' owners were loosing a lot of cash according to the FT.
Hilco who own HMV and Office Outlet has a strong track record of turning business around. They managed the operations and ultimate transition of the 99p Stores business to Poundland following their acquisition of the 250 store retailer.