Corporate

Staples, Inc. (Nasdaq: SPLS) announced today the results for its first quarter ended May 4, 2013. Total company sales for the first quarter of 2013 were $5.8 billion, a decrease of three percent compared to the first quarter of 2012. First quarter 2013 total company sales growth was negatively impacted by approximately one percent due to 97 store closures in North America and Europe during the 12 months preceding the first quarter of 2013. The more...

Staples, Inc. (Nasdaq: SPLS) today announced that Faisal Masud has been appointed executive vice president, global e-commerce, effective May 20, 2013. In this newly created role, Masud will be responsible for leading online and digital growth. He will report to Demos Parneros, president of North American stores and online for Staples.

Staples, Inc. (Nasdaq: SPLS), the world’s largest office products company and second largest internet retailer, today announced that Raul Vazquez, Chief Executive Officer and Director of Progreso Financiero, has been nominated for election to the company’s Board of Directors. The election of Directors will take place at the company’s Annual Meeting, scheduled for June 3, 2013.

Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share, an increase of nine percent over the previous quarterly cash dividend of $0.11 per share. On an annualized basis, the quarterly dividend is equal to $0.48 per share compared to $0.44 per share that the Company paid in 2012. The dividend is payable on April 18, 2013, to more...

Staples Inc. (NASDAQ: SPLS), the world’s largest office supply company and second largest internet retailer, today announced a new industry-leading U.S. Staples Rewards program that gives members five percent back on everything, including technology and services, and provides free shipping on Staples.com. Starting March 15 and free to all customers, the new Staples Rewards program was created based on insights from small business more...

Staples, Inc. (Nasdaq: SPLS) announced today the expiration of its previously announced tender offer for up to $750,000,000 of its outstanding $1,500,000,000 in aggregate principal amount of 9.750% Senior Notes due 2014 (the “Notes”). The terms and conditions of the tender offer were set forth in Staples’ Offer to Purchase dated January 7, 2013 (the “Offer to Purchase”), and the related Letter of Transmittal.

Staples, Inc. (Nasdaq: SPLS) announced today that as of 5:00 p.m., New York City time, on January 18, 2013 (the “Early Tender Date”), it had received tenders for an aggregate principal amount of approximately $633 million of its outstanding 9.750% Senior Notes due 2014 (the “Notes”) in its previously announced cash tender offer (the “Tender Offer”). The terms and conditions of the Tender Offer are set forth in Staples’ Offer to Purchase dated more...

Staples, Inc. (Nasdaq: SPLS) announced today that it has priced a previously announced public offering of $500 million aggregate principal amount of its Senior Notes due January 12, 2018, at 2.75 percent coupon, and $500 million aggregate principal amount of its Senior Notes due January 12, 2023, at 4.375 percent coupon. Interest on the notes is payable in cash on a semi-annual basis. The offering is expected to close on January 14, 2013, more...

Staples, Inc. (Nasdaq: SPLS) announced today that it plans to reduce its interest expense and increase its financial flexibility through a tender offer to purchase for cash up to $750 million in aggregate principal amount (the “Maximum Tender Amount”) of its outstanding 9.750% Senior Notes due 2014 (the “Notes”). The tender offer is being made upon, and is subject to, the terms and conditions set forth in the Offer to Purchase, dated January 7, more...

Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.11 per share. The dividend is payable on December 21, 2012, to shareholders of record on December 14, 2012.

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Staples, Inc. (Nasdaq: SPLS) announced today the results for its third quarter ended October 27, 2012. Total company sales for the third quarter of 2012 were $6.4 billion, a decrease of two percent in U.S. dollars and one percent on a local currency basis compared to the third quarter of 2011.

Staples, Inc. (Nasdaq: SPLS) the world’s largest office products company and second largest internet retailer, today announced that it is embarking on a strategic plan to better serve the needs of its customers and accelerate growth. Staples will integrate its retail and online offering, increase investment in its online businesses, reorganize its operations, implement leadership changes, initiate a multi-year cost savings plan, and restructure more...