Office Outlet is latest retailer to go into administration

Former Staples chain with 90 stores hit by falling stationery sales and high street woes

The stationery chain Office Outlet has collapsed into administration, putting 1,200 UK jobs at risk.

The struggling retailer, formerly known as Staples, has 90 stores, predominantly in out-of-town retail parks. Its collapse comes less than a year after its management team resorted to a company voluntary arrangement (CVA) to jettison unwanted stores and slash its rent bill.

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