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Archived Press Releases 1998

  • 11/12/98 7:00 am EST

    Akiva School to Receive School Supplies and Visit From Tennessee Oilers
    Head Coach as Winner of "Staples Coach of the Week"

    WESTBOROUGH, Mass.--(BUSINESS WIRE)--Staples Inc., pioneer of the office supplies superstore industry, today announced that Akiva School, Nashville's Jewish Community Day School, will receive a $5,000 Staples gift certificate for school supplies as the winner of the "Staples Coach of the Week" program. The school also will receive a visit from Jeff Fisher, head coach of the Tennessee Oilers, who was named the "Staples Coach of the Week" for the game against the Tampa Bay Buccaneersmore...
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  • 11/12/98 7:00 am EST
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS), announced today the call for redemption on Dec. 9, 1998, of all of its 4 1/2 percent Convertible Subordinated Debentures due Oct. 1, 2000. Debentures in aggregate principal amount of $285 million are currently outstanding. "Our decision to call the debentures will strengthen our balance sheet and lower our interest costs," said John J. Mahoney, executive vice president and chief administrative officermore...
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  • 11/12/98 7:00 am EST
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--....Split Will Be Second Within A Year For Company..... Staples Inc. (NASDAQ:SPLS) today announced that its Board of Directors has declared a 3-for-2 split of its common stock in the form of a 50 percent stock dividend, subject to shareholder approval of an increase in Staples' authorized number of common shares. In connection with the stock split, the Board of Directors has recommended that shareholders vote to increase themore...
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  • 11/12/98 7:00 am EST
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--....Net Income Jumps 33 Percent.... ....Total Revenue Up 22 Percent Over Prior Year Period.... Staples Inc. (NASDAQ:SPLS), which pioneered the office products superstore industry and is the largest operator of office superstores in the world, today announced net income of $69.2 million or $0.23 per common share on a diluted basis, for the third quarter which ended Oct. 31, 1998, compared to $52.0 million, or $0.17 per commonmore...
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  • 11/6/98 7:00 am EST
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--Paul R. Wharton Senior High School to Receive School Supplies and Visit From Tampa Bay Buccaneers Head Coach as Winner of "Staples Coach of the Week" Staples Inc., pioneer of the office supplies superstore industry, recently announced that Paul R. Wharton Senior H.S. in Tampa, Fla., will receive a $5,000 Staples gift certificate for school supplies as the winner of the "Staples Coach of the Week" program. The school also willmore...
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  • 10/30/98 7:00 am EST
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--Company Dedicates Center to Staples Co-founder, Myra Hart, who First Conceived of a Child Care Center for Staples Staples Inc. today broke ground for an on-site, state-of-the-art child care facility designed to meet the needs of the company's growing workforce and maintain a competitive advantage in recruiting and retaining the most talented employees. The company dedicated the center, which will serve as the cornerstonemore...
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  • 10/30/98 7:00 am EST
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--North Allegheny Senior High School in Wexler to Receive School Supplies and Visit From Pittsburgh Steelers Head Coach as Winner of "Staples Coach of the Week" Staples, Inc., pioneer of the office supplies superstore industry based in Westborough, Mass., recently announced that North Allegheny Senior High School in Wexler, Pa., will receive a $5,000 Staples gift certificate for school supplies as the winner of the "Staples Coach ofmore...
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  • 10/29/98 7:00 am EST
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--....Pilot Program to Begin in Select Northeast Staples office superstores in December.... Staples Inc., (NASDAQ:SPLS), the pioneer in the office supplies superstore industry, today announced a unique partnership with CompuCom Systems Inc. (NASDAQ:CMPC) to offer small business technology and computer networking products and services to small business customers in select Staples stores in the Northeast starting in Decembermore...
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  • 10/23/98 7:00 am EDT
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--New TV Advertisement Underscores Everyday Low Price Roots Through Humor In a strategy to underscore the company's roots -- everyday low prices -- Staples Inc. today announced a new television advertising campaign designed to attract cost-conscience business customers in a uniquely humorous manner. Called "Genius," the 30-second spot was created by Cliff Freeman and Partners of New York City, and began airing last week and will continuemore...
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  • 10/22/98 7:00 am EDT
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--York Central Elementary School to Receive School Supplies and Visit From Buffalo Bills Head Coach as Winner of "Staples Coach of the Week" Staples, Inc., pioneer of the office supplies superstore industry based in Westborough, Mass., recently announced that York Central Elementary School in Retsof, NY., will receive a $5,000 Staples gift certificate for school supplies as the winner of the "Staples Coach of the Week" program. The schoolmore...
    English
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