Staples

Essay specific features

 

Issue:

Business

 

Written by:

Margarita F

 

Date added:

June 26, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2146

 

Was viewed:

6316 times

 

Rating of current essay:

 
Essay content:

During this time period companies were consolidating and making retail stores that focused on one industry like Toys R Us. After Tom Stemberg, the founder of Staples, was fired from his job, he saw the need for cheaper office supplies. Leo Kahn, an associate of Stemberg, believed in Stemberg's vision and became his mentor and invested $500,000 into his business idea...
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Initially, Stemberg thought about going into the supermarket grocery retailing industry, but rejected the idea because of the extreme competition. Stemberg began investigating the need for an office supply industry through conducting interviews on how much money people spent on supplies. He knew that through his vision, he could help consumers save money...
displayed 300 characters

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