Sales at office supply giant Staples Inc. slipped 4.9% in the first quarter, as comparable store sales declined a more modest 2.6%.
The company is reportedly exploring a sale in the wake of last year's failed deal to merge with Office Depot.
Read the earnings release here. Below are some key data points about Staples, drawn from the eMarketer Retail & Ecommerce database:
Ecommerce: The percent of the company's sales that come via ecommerce has grown steadily but not dramatically, reaching 12.0% for fiscal 2016, compared with 8.9% in 2012.
Store productivity: Average sales per store have edged lower in each of the past five years. For 2016, the measure declined 4.0%.
Comparable store sales: Same-store sales have also declined, slipping 5.0% in 2016.