 Office World, Dundee, (2004) | |
| Type | Private company Subsidiary |
|---|---|
| Industry | Retail |
| Defunct | 2005 |
| Fate | Acquired |
| Successor | Staples |
| Products | Office supplies Computing General stationery |
| Parent | Staples UK (previously Globus Retail) |
Office World plc was a chain of British office superstores that ceased trading in 2005 after administration and a company buy-out.
Office World had a number of competitors, including Staples, Stationery Box and Ryman. They sold both branded products (such as Esselte and Banner) and own-brand products (e.g. Office Essentials and Office World).
In 2004, the company was acquired by Staples, who sold off the assets and stock. Office World subsequently became a dormant brand.[1] The Office World brand, assets and stores were sold to Staples UK for the sum of £32.5 million.[2] After the acquisition by Staples, very few Office World stores were converted into Staples due to their proximity to existing Staples stores.[3] Many of the stores were left unoccupied and the final Office World store closed in November 2005.[4]
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See also
References
- ^ "COMPANY NEWS; STAPLES MAKES ACQUISITION TO EXPAND IN BRITAIN". The New York Times. 27 March 2004. Retrieved 3 June 2021.
- ^ "Staples to buy Office World UK". theregister.co.uk. 26 March 2004. Retrieved 27 March 2019.
- ^ "Staples, Inc. To Purchase Globus Office World plc In The United Kingdom". news.staples.com. 26 March 2004. Retrieved 6 July 2020.
- ^ "Staples Office World Conversion". www.ukelectrical.co.uk. November 2005. Archived from the original on 16 January 2019. Retrieved 6 July 2020.
This page was last edited on 17 August 2023, at 06:54