Office World

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Office World
Typeprivate company
subsidiary
IndustryRetail
Defunct2005
FateAcquired
SuccessorStaples
ProductsOffice Supplies
Computing
General Stationery
ParentStaples UK
Globus Retail (previously)

Office World plc was a chain of British office superstores, which ceased trading in 2005 after administration and a company buy-out.

Office World had a number of competitors, such as Staples, Stationery Box and Ryman. They sold both branded products (such as Esselte and Banner) and own-brand products (such as 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 ere converted into Staples due to their proximity to existing Staples stores.[3] Many of the stores were left unoccupied after the closure of Office World; the final Office World store closed in November 2005.[4]

See also

References

  1. ^ "COMPANY NEWS; STAPLES MAKES ACQUISITION TO EXPAND IN BRITAIN". nytimes.com. 27 March 2004. Retrieved 3 June 2021.
  2. ^ "Staples to buy Office World UK". theregister.co.uk. 26 March 2004. Retrieved 27 March 2019.
  3. ^ "Staples, Inc. To Purchase Globus Office World plc In The United Kingdom". news.staples.com. 26 March 2004. Retrieved 6 July 2020.
  4. ^ "Staples Office World Conversion". www.ukelectrical.co.uk. November 2005. Retrieved 6 July 2020.