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Corporate Press Releases

  • 1/24/17 4:05 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that the company’s Board of Directors has elected Robert E. Sulentic to serve as Independent Chairman of the Board effective January 29, 2017. Sulentic, President and Chief Executive Officer of CBRE Group, Inc., joined the Staples Board in 2007 and most recently served as Lead Independent Director. As previously announced, Ron Sargent, the company’s non-executive Chairman will retire from themore...
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  • 1/5/17 8:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that it has appointed Jeff Hall to the newly created role of Chief Administrative Officer (CAO) and Vice Chairman. In this new role, Hall will oversee Finance, Strategic Planning, Corporate Development, Investor Relations, Real Estate, Customer Service and High-Growth markets, and will report directly to Shira Goodman, Staples’ Chief Executive Officer and President. “Jeff hasmore...
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  • 1/3/17 1:05 pm EST

    Majority Believe Business Tax Reform Should be Top Priority in 2017

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--On the heels of an unprecedented year, the Staples National Small Business Survey (NASDAQ: SPLS) has revealed optimism among small business owners as they kick off 2017. The survey, commissioned by Staples and conducted by Wakefield Research, discovered that 85% of American small business owners are “optimistic” about the small business climate in the new year, while 67% think business tax reform should be the top policy priority for 2017more...
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  • 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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  • 12/6/16 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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  • 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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  • 11/10/16 8:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) will hold its quarterly conference call to discuss third quarter 2016 results on Thursday, November 17, 2016 at 9:00 a.m. Eastern Time. To listen to the conference call via webcast, please visit Staples’ Investor Relations website at http://investor.staples.com. About Staples, Inc. Staples retail stores and staples.com help small business customers make more happen by providing a broad assortment ofmore...
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