Maggie McGrath Forbes Staff

Office supply giant Staples has seen its business cannibalized by the likes of Amazon and other e-commerce retailers, and if the retailer’s first quarter earnings results are any indication, the bleeding hasn’t stopped just yet. The company reported Tuesday morning that weak sales and traffic led to larger-than-expected drop in its profit, and as a result the stock is down roughly 10% in early Tuesday trading.

http://www.forbes.com/sites/maggiemcgrath/2014/05/20/staples-sinking-10-after-weak-traffic-leads-to-earnings-miss/