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Archived Press Releases

  • 3/13/17 5:30 pm EDT
    FRAMINGHAM, Mass. & LOS ANGELES--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) and Platinum Equity today announced a definitive agreement under which Platinum Equity will acquire Staples’ business in Australia and New Zealand for an undisclosed sum. The transaction is expected to close in the second calendar quarter of 2017. Staples is a leading supplier of business products, services and solutions in Australia and New Zealand. The company serves a diverse variety of customers,more...
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  • 3/9/17 6:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its fourth quarter and fiscal year ended January 28, 2017. Total company sales for the fourth quarter of 2016 were $4.6 billion, a decrease of three percent compared to the fourth quarter of 2015. On a GAAP basis, the company reported a net loss from continuing operations of $615 million, or $0.94 per share. Fourth quarter 2016 results from continuing operations include pre-tax chargesmore...
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  • 3/7/17 4:15 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--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. The dividend is payable on April 13, 2017, to shareholders of record on March 24, 2017. About Staples, Inc. Staples helps small business customers make more happen by providing a broad assortment of products, expanded business services and easy ways tomore...
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  • 3/2/17 5:30 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) will hold its quarterly conference call to discuss fourth quarter and full year 2016 results on Thursday, March 9, 2017 at 8:00 a.m. Eastern Time. To listen to the conference call via webcast, please visit Staples’ Investor Relations website at http://investor.staples.com. About Staples, Inc. Staples helps small business customers make more happen by providing a broad assortment of products, expandedmore...
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  • 2/28/17 2:00 am EST
    FRAMINGHAM, Mass. & NEW YORK--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) and Cerberus Capital Management, L.P. (“Cerberus”) today announced the completion of the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate. Staples, Inc. will retain a 15 percent equity interest in the business, which has been separated into a privately-held company operating under the name Staples Solutions B.V. (“Staples Solutions”). Staples’ European business consists of retailmore...
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  • 1/24/17 4:05 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that the company’s Board of Directors has elected Robert E. Sulentic to serve as Independent Chairman of the Board effective January 29, 2017. Sulentic, President and Chief Executive Officer of CBRE Group, Inc., joined the Staples Board in 2007 and most recently served as Lead Independent Director. As previously announced, Ron Sargent, the company’s non-executive Chairman will retire from themore...
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  • 1/5/17 8:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that it has appointed Jeff Hall to the newly created role of Chief Administrative Officer (CAO) and Vice Chairman. In this new role, Hall will oversee Finance, Strategic Planning, Corporate Development, Investor Relations, Real Estate, Customer Service and High-Growth markets, and will report directly to Shira Goodman, Staples’ Chief Executive Officer and President. “Jeff hasmore...
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  • 1/3/17 1:05 pm EST

    Majority Believe Business Tax Reform Should be Top Priority in 2017

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--On the heels of an unprecedented year, the Staples National Small Business Survey (NASDAQ: SPLS) has revealed optimism among small business owners as they kick off 2017. The survey, commissioned by Staples and conducted by Wakefield Research, discovered that 85% of American small business owners are “optimistic” about the small business climate in the new year, while 67% think business tax reform should be the top policy priority for 2017more...
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  • 12/19/16 4:30 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that it has appointed Faisal Masud to the newly created role of Chief Technology Officer. He had previously served as Executive Vice President of Global E-Commerce since joining the company in May, 2013. In his new role, Masud will be responsible for both e-commerce and global technology and will report directly to Shira Goodman, Staples’ Chief Executive Officer and President. “more...
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  • 12/8/16 6:58 am EST

    For Seventh Year in a Row, Staples Earns 100 Percent on Human Rights Campaign Foundation’s Annual Scorecard on LGBTQ Workplace Equality

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that it has received a score of 100 percent on the 2017 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality, administered by the Human Rights Campaign Foundation. “Staples’ perfect score for the seventh year in a row is a testament to our deep commitment to an inclusive culture for our LGBTQ associates andmore...
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