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Archived Press Releases

  • 12/19/16 4:30 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that it has appointed Faisal Masud to the newly created role of Chief Technology Officer. He had previously served as Executive Vice President of Global E-Commerce since joining the company in May, 2013. In his new role, Masud will be responsible for both e-commerce and global technology and will report directly to Shira Goodman, Staples’ Chief Executive Officer and President. “more...
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  • 12/8/16 6:58 am EST

    For Seventh Year in a Row, Staples Earns 100 Percent on Human Rights Campaign Foundation’s Annual Scorecard on LGBTQ Workplace Equality

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that it has received a score of 100 percent on the 2017 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality, administered by the Human Rights Campaign Foundation. “Staples’ perfect score for the seventh year in a row is a testament to our deep commitment to an inclusive culture for our LGBTQ associates andmore...
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  • 12/7/16 5:00 am EST
    FRAMINGHAM, Mass. & NEW YORK--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) and Cerberus Capital Management, L.P. (Cerberus) announced today that Staples and Cerberus have entered into an agreement in relation to the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate. Staples’ European business consists of retail, contract, and online businesses in 16 countries generating aggregate annual sales of approximately €1.7 billion. Staples is retaining a 15more...
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  • 12/6/16 6:00 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share. The dividend is payable on January 12, 2017, to shareholders of record on December 21, 2016. About Staples, Inc. Staples helps small business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop – inmore...
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  • 12/6/16 7:30 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Trying to avoid cold and flu in the workplace has reached desperate levels, as nearly half of people surveyed would give up a vacation day to a sick worker to ensure they don’t bring illness to the workplace, according to the seventh annual cold and flu season survey from Staples. Findings show that while the U.S. workforce is keenly aware of the dangers as well as prevention tactics surrounding seasonal illness, personal accountabilitymore...
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  • 12/1/16 9:53 am EST

    New business essentials from Cynthia Rowley Collection debut December 5 on Staples.com and December 9 in stores

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Shopping for colleagues this season just got a little easier with the debut of the exclusive Cynthia Rowley Collection for the office. Available on Staples.com starting December 5 and in stores December 9, the new line from Cynthia Rowley includes a suite of travel accessories and business essentials, all in her latest patterns and colorful designs. “The Cynthia Rowley Collection features striking new patterns and colors on a line ofmore...
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  • 11/18/16 7:30 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--If you think your workplace won’t change much in the next five years, think again. Winners of the “Tomorrow’s Workplace” design competition from Staples Business Advantage and Metropolis magazine forecast that in 2021, the workplace may include inflatable pods set up in urban parks, or young professionals working alongside active retirees in a setting that resembles a small town more than an office building. Architects, designers,more...
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  • 11/17/16 10:00 am EST

    Partnership Gives Staples’ Customers Access to Expanded Services Offering through Managed by Q’s Platform

    FRAMINGHAM, Mass. & NEW YORK--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS), the world’s largest office solutions provider and one of the biggest internet retailers, today announced that it has entered into a strategic partnership with Managed by Q, a web-based technology platform that connects business with the services they need to run a workspace and consolidate vendor management, to offer Staples’ business customers a one-stop shop for everything an office manager needs, including newmore...
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  • 11/17/16 6:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its third quarter ended October 29, 2016. Total company sales for the third quarter of 2016 were $5.4 billion, a decrease of four percent compared to the third quarter of 2015. On a GAAP basis, the company reported net income of $179 million, or $0.27 per diluted share. Third quarter 2016 results on a GAAP basis include pre-tax charges of $57 million primarily related to impairment ofmore...
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  • 11/17/16 4:30 am EST
    FRAMINGHAM, Mass. & LONDON--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) and Hilco Capital Limited (Hilco), today announced that they have reached an agreement for Staples to sell its UK retail business and operations to Hilco for nominal proceeds. In May, Staples announced plans to explore strategic alternatives for its European operations as part of its new strategy. “Agreeing to sell our UK retail business to Hilco aligns with our go-forward strategy ofmore...
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