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Staples at the Rancho Marketplace Shopping Center in Burbank

City Buzz: Major Burbank retailer to shutdown and new hotel in the works

As the long Labor Day weekend approaches, employees at a major retailer in Burbank are facing an uncertain future.  Staples at 1060 West Alameda Avenue is shutting down in a few weeks. Apparently, the customer volume has dropped off significantly at the office supply store in the Rancho Marketplace Shopping Center. Earlier this year, Staples announced it would be shuttering at least of 70 of its underperforming stores in North America. Another factor in the closure may be the recent reported acquisition of Staples, for $6.9 billion, by... Read More →

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