Company has been hemorrhaging talent for several years now, especially on the digital side. All while "ecommerce is the future." The fact that even the incompetent CTO fled the sinking ship (and was replaced by someone barely technical at all, and no longer using the title CTO) is the final admission that Staples is basically outsourcing the entire digital side of the business, which was the only thing keeping it afloat over the past 12 months.
Somehow it just gets worse and worse. But the diversity initiatives and comments on social and political issues have been so inspiring lately that I think the public markets will be interested in the business for that alone.
I'll call it now: Chapter 11 in the next 12–18 months.
An on point post from @1hnx+1ay7LvnA.