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Corporate Press Releases

  • 12/7/17 6:58 am EST

    For Eight Years 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. today announced that it received a perfect score of 100 percent on the 2018 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign Foundation. The company features a range of Associate Resource Groups (ARGs), including Out At Work, amore...
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  • 11/28/17 10:22 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples is the recipient of the Forest Stewardship Council’s (FSC) Leadership Award. FSC is a non-profit organization that promotes environmentally sound, socially beneficial, and economically prosperous management of the world’s forests. FSC awarded Staples for its commitment to providing its customers with FSC-certified products and for helping family woodland owners earn FSC certification. “We’re very proud to havemore...
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  • 9/12/17 3:33 pm EDT
    NEW YORK--(BUSINESS WIRE)--Sycamore Partners today announced that it has completed its acquisition of Staples, Inc. (the “Company”). "We are pleased to have completed this transaction and look forward to partnering with CEO Shira Goodman and the Staples management team as we seek to increase long-term profitability," said Stefan Kaluzny, Managing Director of Sycamore Partners. “With the support of its dedicated associates, Staples is well-positioned to leveragemore...
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  • 8/28/17 4:30 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) today announced that Arch Merger Sub Inc., a Delaware corporation (“Merger Sub”), formed by funds managed by Sycamore Partners Management, L.P. (“Sycamore”) in connection with the previously announced proposed acquisition of the Company by such funds, pursuant to the Agreement and Plan of Merger, dated as of June 28, 2017 (the “Merger Agreement”), by and among the Company, Arch Parent Incmore...
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  • 8/21/17 9:26 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) announced today that it has received the requisite consents with respect to its previously announced solicitation of consents (the “consent solicitation”) to the adoption of certain proposed amendments (the “Proposed Amendments”) to the terms of the Company’s 4.375% Senior Notes due 2023 (the “Notes”). The Company has also extended the consent time (the “Consent Time”) for the consentmore...
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  • 8/15/17 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) today announced that Arch Merger Sub Inc., a Delaware corporation (“Merger Sub”), formed by funds managed by Sycamore Partners Management, L.P. (“Sycamore”) in connection with the previously announced proposed acquisition of the Company by such funds, pursuant to the Agreement and Plan of Merger, dated as of June 28, 2017 (the “Merger Agreement”), by and among the Company, Arch Parent Incmore...
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  • 8/14/17 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) (“Staples” or the “Company”) announced today that it has extended (i) the consent time (the “Consent Time”) for its previously announced solicitation of consents (the “consent solicitation”) to the adoption of certain proposed amendments (the “Proposed Amendments”) to the terms of the Company’s 4.375% Senior Notes due 2023 (the “Notes”) and (ii) the expiration date (the “Expiration Date”) for its previously announcedmore...
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  • 8/2/17 10:15 am EDT

    $50,000 Prize Will Transform the Winner’s Workplace

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Is your current breakroom lacking and in need of an upgrade? Do you actively avoid the breakroom because it doesn’t represent an inviting and collaborative space where you want to spend time? If so, you are in luck. Staples, Inc. wants to makeover your breakroom and show how office design contributes not only to office morale, but also to productivity, collaboration, recruitment and retention. Starting today, all U.S. businesses withmore...
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  • 7/31/17 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) today announced that it has commenced a tender offer to purchase for cash any and all of its $500 million aggregate principal amount of outstanding 4.375% Senior Notes due 2023 (the “Notes”). In conjunction with the tender offer, the Company is soliciting consents to the adoption of certain proposed amendments to the terms of the Notes as described below (the “Proposed Amendmentsmore...
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  • 7/27/17 8:30 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS or “Staples”) announced that on July 26, 2017 the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) with respect to the pending acquisition of Staples by investment funds managed by Sycamore Partners, a leading private equity firm. The termination of the waiting period under the HSR Act satisfies one ofmore...
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