Exec who helped reshape Campbell Soup Will Oversee Office Products
Leader's Strategic, Business Development and Financial Efforts
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Basil L. Anderson, 56, the former chief financial officer and treasurer
who helped reshape Campbell Soup Co., has joined Staples Inc. (Nasdaq:
SPLS) as vice chairman. Anderson, who has served on the Staples board of
directors since 1997 and is chair of the audit committee, will be
responsible for overseeing the company's strategic, business development
and financial initiatives. His appointment was announced today by
Staples President and Chiefmore...
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (Nasdaq: SPLS) today announced that it has been named a
CIO-100 award honoree for the fourth consecutive year by CIO - the
magazine for information executives. The prestigious award recognizes
organizations around the world that excel in business performance
through innovative products, relationships and processes. Staples is the
only office supply retailer to win the award this year.
"In order to survive in the competitivemore...
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (Nasdaq:SPLS) announced today that a number of executives
sold 1,570,000 Staples shares in a block trade executed by Deutsche Banc
The sale of the shares relates to repayment of debt these executives
undertook to exercise Staples.com shares.
Succession set for fiscal 2002; Sargent and Stemberg together to
remain focused on Staples' growth strategies
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. today announced that, effective Feb. 3, 2002, President
and Chief Operating Officer Ronald L. Sargent will become chief
executive officer, while Chairman and CEO Thomas G. Stemberg will be
appointed executive chairman.
Sargent and Stemberg will work together on corporate strategy, vision
and mission in their new positions, which take effect at the beginning
of the company's next fiscal year.
As CEO, Sargentmore...
Alliance with Staples.com Provides Small Businesses with Secure, Private
Work Space on the Web
BOSTON--(BUSINESS WIRE)--Intranets.com (www.intranets.com),
the world's largest provider of Web-based intranets, today announced an
alliance with Staples.com to deliver an intranet solution to Staples
Inc. (Nasdaq: SPLS) small business customers. Staples.com provides
office supplies, services, content and community over the Internet.
Staples small business customers can quickly and easily create their own
intranet on the Web through a fully functional versionmore...
BOSTON--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and Staples.com shareholders today voted to
reclassify Staples.com tracking stock into Staples common stock.
The reclassification, which passed with approximately 85 percent of the
vote, will allow the Framingham, Mass.-based company to fully integrate
Staples.com with its catalog business and its retail stores through its
in-store Staples.com access points.
"We are heartened that shareholders inmore...
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq:SPLS) today reported sales of $2.3 billion for the
second quarter, which ended August 4, a 5 percent increase versus the
$2.2 billion reported for the same period last year. The company
recorded net income for the quarter of $40.35 million, or $.09 per
diluted common share, compared with $42.56 million, or $.10 per diluted
common share, for the same period last year. Overall comparable sales
for the quarter were flat, withmore...
Office Superstore Donates Percentage of Day's Sales to RIF to Promote
Literacy; Teachers, Parents and Students Honored With Festivities and
Free Gifts at Every Staples Store Nationwide
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Families who purchase back-to-school supplies at Staples stores on
Saturday, Aug. 18, 2001 will do more than fill their children's bookbags
for the first day of school. Staples and Reading Is Fundamental(R)
(RIF(R)) have designated the date Education Appreciation Day. Teachers,
parents, and children are invited to any one of the 1,050 Staples stores
nationwide where they can participate in reading festivities, receive
free back-to-school gifts,more...
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) will host a live Internet broadcast of its
second quarter 2001 earnings conference call at 8:00 a.m. on Tuesday,
Individuals may access the broadcast from Staples' Web site directly at http://investor.staples.com.
A replay of the quarterly earnings conference call will be available at http://investor.staples.com
from 11:30 a.m. Eastern Time on August 21st through midnight on Tuesday,
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) today announced the kick-off of the 6th
annual "Staples Coach of the Week" program. Sponsored by Staples and in
partnership with the National Football League (NFL) and CBS Sports, the
contest will award seventeen accredited K-12 schools a $5,000 Staples
gift certificate and a visit from their local NFL head coach.
"The Staples Coach of the Week program is a wonderful program that takes
the game off themore...