Staples Inc. (NASDAQ:SPLS) today announced that Ronald L. Sargent,
president and chief operating officer of Staples Inc., has been elected
a member of the company's board of directors.
"As a ten year veteran of Staples and an integral member of the
company's senior management team, Ron has proven to be a tremendous
asset in building Staples to its leadership position in the office
superstore industry," said Staples Chairman and Chiefmore...
Names Christine Komola Vice President and Chief Financial Officer and
J.B. Lyon Vice President of Business Services
Staples Inc. (NASDAQ:SPLS) today named Christine Komola vice president
and chief financial officer for Staples.com and J.B. Lyon vice president
of business services for Staples.com. Both positions report to Jeanne
Lewis, president of Staples.com.
"Christine and J.B. will be instrumental in helping Staples.com reach
its aggressive goal of one million customers and $1 billion in sales by
2003," said Lewis. "With her outstanding financialmore...
Staples Inc. (NASDAQ:SPLS) began construction this week on a new store
in Boston's Logan International Airport scheduled to open mid-January.
This store follows the initial success of Staples' first airport store
which opened in September at the Philadelphia International Airport.
"Business travelers through Philadelphia's airport have shown great
interest in our new airport store concept and have affirmed to us that
Staples Inc. (NASDAQ:SPLS) today announced it will lease and/or purchase
space for 21 new Staples store sites in Florida and Alabama in a deal
with Scotty's Home Centers of Winter Haven, Fla. The deal nearly doubles
Staples' retail presence in Florida from 29 stores currently open or
being constructed to 50 stores, and brings Staples to the Jacksonville
and Tallahassee markets for the first time.
The deal provides Staples access to 21more...
Staples Inc. (NASDAQ:SPLS) today launched the Staples.com Holiday Gift
Buying Guide, to help office managers and small business owners avoid
the hassles of holiday shopping while thoughtfully thanking and
rewarding executives, colleagues and clients. The Guide simplifies gift
giving by organizing products by price point and "Executive Gift ideas,"
"Electronic Entertainment," "Software," "Office Party Supplies," and
Staples Inc. (NASDAQ:SPLS) today named Kelly A. Mahoney chief marketing
officer of Staples.com. In this newly created position, Mahoney will be
responsible for driving brand awareness and marketing strategy for
Staples.com and will report to the division's president, Jeanne B. Lewis.
"Kelly has a wealth of expertise in developing and executing
tremendously successful cross-channel, e-business and national brand
Staples Inc. (NASDAQ:SPLS) today announced that Staples.com, the
company's e-commerce business that provides office supplies and services
over the Internet, reported revenues of close to $24 million for the
third quarter of 1999, which ended October 30, 1999, up nearly 500
percent from the more than $4 million reported for the same period in
the prior year, and up 54 percent from the $15.6 million reported for
the second quarter 1999. Themore...
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today strengthened its commitment to
e-commerce by partnering with several Internet-savvy investors,
including General Atlantic Partners LLC, Highland Capital Partners,
Greylock Management Corporation, Essex Investment Management and Summit
Accelerator Partners, which have acquired Staples.com Stock representing
an approximately five percent interest in the Staples.com business. The
private placement was facilitated bymore...
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced its shareholders approved the
company's plans to create a separate tracking stock, Staples.com Common
Stock, to reflect the performance of its e-commerce business, at a
special shareholders meeting held this afternoon in Boston, Mass.
"The Staples.com tracking stock will allow us to aggressively invest in
building our e-commerce division to be the preeminent e-tailer of office