Staples Inc (SPLS.O), the largest U.S. office supplies retailer, forecasted another quarter of sales decline as it loses customers to mass market chains and e-retailers, and the company said it would close up to 225 stores in North America by 2015.
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Flowers Foods Inc (FLO.N), the No. 2 U.S. baking company, reported better-than-expected second-quarter results, driven by its recent acquisitions of Lepage Bakeries and some of Sara Lee's bread brands in California.