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Archived Press Releases 2002

  • 12/11/02 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (SPLS) today announced the appointment of Mark Buckley to Vice President of Environmental Affairs to direct the company's environmental commitment to protect and preserve natural resources. In this newly created position, Buckley will further Staples' environmental leadership in the purchase and promotion of recycled content products, chain-wide recycling initiatives, energy conservation programs as well as educational initiativesmore...
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  • 11/30/02 7:00 am EST

    Staples Reports Top-Selling Holiday Merchandise and Shopping Trends;
    Offers Free Online and Catalog Shipping Though December; Holiday
    Shopping Gift Guide Arrives in Stores

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Holiday shopping kicked off in full force this weekend, with Staples customers purchasing technology gifts, product accessories and office furniture. Based on early season shopping sales at Staples' 1,100 retail stores and online at www.staples.com, key gift items and a number of "back-to-basics" emerged as top sellers. "Our early holiday shopping sales are a key indicator of what customers want this gift giving season," said Philomore...
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  • 11/22/02 7:00 am EST

    Boston Common Receives 10 Trees In Recognition of Staples
    Environmental Marketing Accomplishments

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Marcal Paper Mills Inc. today announced that it is awarding Staples, Inc. (SPLS) with the 2002 Marcal Environmental Marketing Excellence Award for outstanding marketing of recycled content products. Nick Marcalus, President/CEO of Marcal, presented the award to Staples Chairman Thomas Stemberg, who accepted on behalf of Staples at the company's Home Office. To commemorate the occasion, Marcal donated $10,000 to the City of Boston for ten treesmore...
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  • 11/19/02 7:00 am EST

    Company Exceeds Third Quarter 2002 Expectations With 35 Percent;
    Earnings Per Share Growth And A Three Percent Increase In Overall
    Comparable Sales

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its third quarter ended Nov. 2, 2002. The company achieved net income of $128 million for the quarter, or $0.27 per share on a diluted basis, exceeding analyst consensus of $0.24, and a 35 percent increase over earnings per share of $0.20 reported for the third quarter of 2001. Total company sales for the quarter grew to $3.1 billion, an increase of nine percent versus $2.8more...
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  • 11/12/02 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (SPLS) today announced its environmental paper procurement policy, formalizing the company's commitment to protecting forest resources through environmentally sound paper procurement practices. The policy solidifies Staples' position as the environmental leader in the U.S. office supply industry. The purchasing policy outlines and reaffirms Staples' commitment to transitioning toward paper products with post consumer wastemore...
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  • 11/12/02 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq:SPLS) will host a live Internet broadcast of its third quarter 2002 earnings conference call at 8:00 a.m.(Eastern) on Tuesday, November 19, 2002. 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) on November 19, through midnight on Tuesday, Novembermore...
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  • 11/12/02 7:00 am EST
    (BUSINESS WIRE)--WHO: Staples Vice Chairman Joe Vassalluzzo, Todd Paglia of ForestEthics and Danna Smith of Dogwood Alliance. WHAT: Staples and environmental groups ForestEthics and Dogwood Alliance will hold a media conference call to announce a significant initiative in Staples' continued commitment to environmental issues. The announcement will mark a milestone in the office product industry. WHEN: Tuesday, November 12, 2002more...
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  • 11/8/02 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today is filing a universal shelf registration for any combination of debt or equity securities totaling $500 million. The registration provides Staples the flexibility to access capital markets as necessary and the ability to be opportunistic should market conditions become favorable. Staples has no immediate plans to draw upon the registration. About Staples Staples, Inc. is an $11 billionmore...
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  • 11/7/02 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--In a week-long celebration of America Recycles Day, Staples, Inc., (SPLS) is rewarding store customers who turn in empty ink jet cartridges with a free ream of Staples brand 30 percent recycled paper, from Sunday, Nov. 10 to Saturday, Nov. 16. The program, one of Staples many environmental initiatives, encourages recycling and the use of recycled products. Each year Americans discard over 243 million ink jet cartridges, addingmore...
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  • 10/28/02 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS), today announced its First-Tier supplier diversity partner program helping Fortune 1000 and other large-sized business customers reach their purchasing goals from minority- and women-owned business enterprise (MWBE) suppliers. This innovative supplier diversity program is based on a network of highly respected MWBE office supply providers that leverages their individual strengths, providing customers with the servicemore...
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