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Archived Press Releases 1999

  • 7/8/99 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced it has retained i-traffic as its online advertising and online direct marketing agency for Staples.com, the company's e-commerce business unit. "We are extremely impressed with i-traffic's people and capabilities and believe and expect they will help build our position as the one stop e-commerce shop for small business," said J.B. Lyon, vice president of marketing for Staples.com. "i-trafficmore...
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  • 6/30/99 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced that Deborah G. Ellinger has joined the company as senior vice president of strategic planning. Ellinger serves on the company's senior management team and reports to Thomas G. Stemberg, chairman and chief executive officer of Staples. She succeeds Jeffrey L. Levitan, who previously was named senior vice president of Staples.com and new business development. "We are thrilled that Deborah ismore...
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  • 6/25/99 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced it has filed a registration statement with the Securities and Exchange Commission for a proposed secondary offering of 11,107,473 shares of its common stock. The shares will be sold by the Miller family, former owners of Quill Corporation, which was acquired by Staples in May 1998. The registration statement also covers an additional 1,666,121 shares, also being sold by the Miller family, thatmore...
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  • 6/11/99 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--To help combat the latest computer virus known as "the Worm," Staples.com will offer the Norton Anti-Virus 5.0 at a reduced cost of $9.99, after a $20 rebate from Symantec, and will provide FREE delivery to Staples.com customers. "The best way to avoid viruses, such as Melissa and the Worm, is to regularly upgrade your virus protection software," said Jeff Levitan, senior vice president of Staples.com. "By offering this special onmore...
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  • 6/9/99 7:00 am EDT
    (BUSINESS WIRE)--PHOTO OPP:   See Staples store general managers officially cut the wrapping off the Office 2000 pallet and begin selling the software to customers. Only Staples 24-hour superstores will have the midnight unveiling. All other superstores nationwide will start selling it when the stores open at 7 a.mmore...
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  • 5/25/99 7:00 am EDT

    Outsourcing gives eight hours of productivity back to the small business
    owner

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced the nationwide rollout of its payroll processing services for small businesses and entrepreneurs, now marketed through all 750 U.S. Staples superstores, direct mail and eventually over the Internet on www.staples.com. Payroll processing services is the latest way Staples is taking the cost and hassle out of running a small business. Staples has entered into a co-branded partnership withmore...
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  • 5/19/99 7:00 am EDT

    Web Site Owners To Earn Top Dollar For Customer Referrals

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced an e-commerce affiliate program that gives Web site owners the opportunity to earn a commission in exchange for customer referrals to www.staples.com via a link from their sites. "Office supplies, similar to books and music, are frequently purchased items that sell extremely well over the Internet," said Jeff Levitan, senior vice president of Staples.com. "By becoming a Staples.commore...
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  • 5/18/99 7:00 am EDT

    Staples' $3.5 Million Investment Brings Point.com Total Financing to
    Approximately $18 Million

    SEATTLE and FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS - news) and Point.com (http://www.point.com), the leading Web retailer of wireless phones, service plans and accessories, today jointly announced an e-commerce venture to lead wireless communications sales over the Internet. Additionally, Staples took a minority position in Point.com, investing $3.5 million, to bring Point.com's total funds raised to nearly $18 million. Point.com also announced themore...
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  • 5/18/99 7:00 am EDT

    Joint Marketing Agreement To Build E-commerce Business

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS - news) today announced a strategic partnership with register.com, one of the largest single domain name registration services on the Internet and one of five Internet Corporation for Assigned Names and Numbers (ICANN) accredited test-bed registrars. As part of the agreement, Staples invested $7 million in register.com and has formed an aggressive cross-marketing effort to help its small business customersmore...
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  • 5/18/99 7:00 am EDT

    Net Income Jumps 47 Percent; Earnings Per Share Increase 38 Percent

    Same-Store Sales Grow 10 Percent for North America, 9 Percent
    Company-Wide

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS - news), the pioneer of the office superstore industry, today announced net income of $50.3 million, or $.11 per common share on a diluted basis, for the first quarter which ended May 1, 1999, compared with $34.1 million, or $.08 per common share, on a diluted basis, for the prior year. Historical data has been restated to reflect the merger with Quill Corporation under the pooling of interestsmore...
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