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Archived Press Releases 2003

  • 7/14/03 7:00 am EDT

    Seventeen Lucky Schools to Each Win $5,000 in School Supplies from
    Staples; Plus a Visit from Their Local NFL Head Coach

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc., (Nasdaq: SPLS) is now accepting entries for the Staples(R) Coach of the Week program which awards 17 accredited K-12 schools $5,000 worth of school supplies each and a visit from their local NFL head coach. Over the past seven NFL seasons, Staples has donated over $600,000 in school supplies to schools across the country through the Staples(R) Coach of the Week program effort. "We encourage students, teachers and parentsmore...
    English
  • 7/9/03 7:00 am EDT

    Annual Scholarship Program Marks Latest Addition to Staples Supplier
    Diversity Initiatives

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples (Nasdaq: SPLS) today announced that it will sponsor two executives from its minority- and women-owned business enterprise (MWBE) supplier program to attend the Minority Business Executive Program (MBEP) at Dartmouth College's Tuck School of Business, July 13-18, 2003. In the inaugural year of this annual scholarship program, Staples will provide full tuition to MWBE supplier executives Beth Williams, president and CEO of Roxburymore...
    English
  • 7/8/03 7:00 am EDT

    Recycling Program to Raise Millions of Dollars for The NEA Foundation
    and National Education Association State Affiliates

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--At a time when public education is facing massive budget cuts, Staples introduced "Staples Recycle for Education" today, a new program that makes it easy to raise millions of dollars for educators by recycling used inkjet and laser toner cartridges. Staples will donate $1.00 for every eligible cartridge recycled in its stores --with a goal to raise $5 million for public education. Tom Cavanagh, star of the NBC hit television series "Ed,"more...
    English
  • 6/16/03 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples (Nasdaq: SPLS) today announced that iSource Business Magazine has named Staples Contract Division to its annual list of top 100 supply and demand chain enabling organizations. The iSource 100 recognizes providers of innovative enterprise-wide solutions and services that help companies drive efficiencies in their supply and demand chains. iSource Business Magazine is the go-to source for complete knowledge and information on end-more...
    English
  • 5/30/03 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) today announced that it had entered into an agreement to sell 12,000,000 shares of its common stock at a price of $18.89 per share in a public offering. All of the shares are being offered by Staples. Staples intends to use the net proceeds from the sale of its common stock for working capital and general corporate purposes. Staples has granted the underwriters an option to purchase up to 1,800,000more...
    English
  • 5/28/03 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) today announced that it is making a public offering of 12,000,000 shares of its common stock (with up to an additional 1,800,000 shares to cover over-allotments, if any). All of the shares are being offered by Staples. The shares of common stock will be offered pursuant to Staples' effective shelf registration statement in an offering jointly managed by Credit Suisse First Boston and Goldman, Sachs & Co. Staplesmore...
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  • 5/21/03 7:00 am EDT

    Company Maintains High Quality Customer Service Processes While
    Addressing Mail Order Rule Compliance Procedures

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that it has agreed to a settlement with the Federal Trade Commission concerning compliance with the Mail Order Rule, primarily as it applies to communication with customers about delayed shipments. The settlement provides that Staples will modify its procedures for informing customers about the small percentage of shipments that do not arrive as scheduled. Staples' previous procedure formore...
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  • 5/20/03 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its first quarter ended May 3, 2003. Total company sales for the quarter grew to $3.1 billion, an increase of 15 percent versus $2.7 billion reported for the same quarter of the prior year. North American Retail comparable sales increased two percent. The company achieved pro forma net income of $86 million for the quarter, or earnings per share of $0.18, on a diluted basis,more...
    English
  • 5/14/03 7:00 am EDT
    (BUSINESS WIRE)--Staples Inc. (Nasdaq: SPLS) marked the company's 17th anniversary today by announcing a national campaign to raise funds for Boys & Girls Clubs of America (BGCA). Starting May 18, the Staples Foundation for Learning will donate 10 percent of all Staples brand 30-percent recycled copy paper sales, up to $500,000 to BGCA. This multimedia news story is for free and unrestricted use on your news information site (and for print ormore...
    English
  • 5/14/03 7:00 am EDT

    Staples Celebrates Its 17th Anniversary By Making It Easy To Invest In
    The Future Of America's Children

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) marked the company's 17th anniversary today by announcing a national campaign to raise funds for Boys & Girls Clubs of America (BGCA). Starting May 18, the Staples Foundation for Learning will donate 10 percent of all Staples brand 30-percent recycled copy paper sales, up to $500,000 to BGCA. "During after school hours in America, approximately 15 million children are at home with no adult care ormore...
    English

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