UK Retailer Office Outlet Files for Insolvency

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On March 19, British news outlets BBC.com and The Guardian reported that Office Outlet, a UK-based office retail chain that took over stores formerly owned by U.S. office retail giant Staples, is in administration, putting 1,200 jobs at risk. Staples sold its UK retail business to Hilco Capital Limited in 2016 (see “Staples Sells Its

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