Staples Inc., the Framingham office supply giant that is closing stores as it seeks to transition more of its business online, said first-quarter sales dropped 3 percent year-to-year to $5.7 billion. The company reported first quarter 2014 net income of $96 million, or 15 cents per diluted share, compared with $170 million, or 26 cents per diluted share in 2013’s first quarter. “We’re making progress meeting the changing needs of our customers as we reinvent Staples,” CEO Ronald Sargent said.
Office supplier’s sales slip in first quarter
