Office World

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

Office World
TypePrivate company
Subsidiary
IndustryRetail
Defunct2005
FateAcquired
SuccessorStaples
ProductsOffice supplies
Computing
General stationery
ParentStaples UK (previously Globus Retail)

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]

See also

References

  1. "COMPANY NEWS; STAPLES MAKES ACQUISITION TO EXPAND IN BRITAIN". The New York Times. 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. Archived from the original on 16 January 2019. Retrieved 6 July 2020.
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