Staples Down 1%

Staples is down 1% after the United States Postal Service said it will halt its services at Staples stores, which allowed private employees to provide postal services at the stores. The move is to comply with a National Labor Relations Board judge’s ruling.

Staples said more than 500 of its stores would be dropped from the program, but Staples customers will still be able to ship goods through the company’s relationship with the United Parcel Service, according to a Staples spokeswoman quoted by Bloomberg.

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