The Staples store located at 20906 Frederick Road in Germantown, MD has permanently closed.
The location has been a fixture in the Germantown retail landscape for many years, becoming a go-to destination for everything from back-to-school essentials to shipping and printing services. This closure is part of a broader trend for brick-and-mortar office supply retailers, which have faced increasing competition from e-commerce and a shifting work-from-home landscape. Staples, a company founded in 1986, has been adjusting its business model to focus more on its business-to-business services and online presence.
However, the storefront won’t be vacant for long. Dollar Tree has secured the necessary permit to begin work on the space. This move marks a continued expansion for the discount retailer in Montgomery County, with the new Germantown location potentially opening by the end of the year. The potentially rapid turnaround between the Staples closure and the start of renovations by Dollar Tree suggests a seamless transition for the property.
Dollar Tree, a company known for its value-oriented merchandise, has been actively growing its footprint in the area. The new Germantown store will add to its presence in Montgomery County, where the company has been moving into larger retail spaces to accommodate a wider selection of goods. Dollar Tree recently began construction on its upcoming store at 11130 New Hampshire Avenue in White Oak.