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Corporate Press Releases

  • 12/7/15 4:02 pm EST
    FRAMINGHAM, Mass. & BOCA RATON, Fla.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) have issued the following open letter to customers after the U.S. Federal Trade Commission announced earlier today their decision to challenge the merger of the two companies: To Our Valued Customers, The Federal Trade Commission recently announced that it intends to challenge Staples’ acquisition of Office Depot. The government’s challenge, ifmore...
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  • 12/7/15 1:08 pm EST

    Companies confident in legal position based on competitive dynamics and clear FTC precedent

    FRAMINGHAM, Mass. & BOCA RATON, Fla.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) today announced that they intend to contest the U.S. Federal Trade Commission’s decision to challenge the merger of the two companies. The companies were informed of the FTC’s decision earlier today. The proposed acquisition would benefit customers, employees and shareholders, and the companies look forward to a full, impartial judicial review of the competitive effectsmore...
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  • 12/1/15 4:43 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 14, 2016, to shareholders of record on December 23, 2015. About Staples Staples makes it easy to make more happen with more products and more ways to shop. Through its world-class retail, online and delivery capabilitiesmore...
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  • 12/1/15 4:11 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that the Company’s Board of Directors has amended and restated the Company’s by-laws to implement a proxy access procedure for stockholder director nominations. “Our decision to adopt proxy access reinforces the Board’s commitment to enhancing our governance standards to align with evolving best practices,” said Vijay Vishwanath, Chair of the Nominating and Corporate Governance Committeemore...
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  • 11/19/15 6:57 am EST

    For Sixth Year in a Row, Staples Earns 100 percent on Human Rights Campaign Foundation’s Scorecard on LGBT Workplace Equality

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that it received a perfect score of 100 percent on the 2016 Corporate Equality Index (CEI). This is the sixth consecutive year that Staples has received the perfect score on the national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation. “Staples is extremely proud to earn a perfect scoremore...
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  • 11/18/15 6:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its third quarter ended October 31, 2015. Total company sales for the third quarter of 2015 were $5.6 billion, a decrease of six percent compared to the third quarter of 2014. On a GAAP basis, the company reported net income of $198 million, or $0.31 per diluted share. Third quarter 2015 results on a GAAP basis include pre-tax charges of $40 million related to the acquisition of Officemore...
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  • 11/11/15 8:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) will hold its quarterly conference call to discuss third quarter 2015 results on Wednesday, November 18, 2015 at 8:00 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 Staples makes it easy to make more happen with more products and more ways to shop. Through its world-class retail,more...
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  • 10/13/15 4:19 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that the company’s Board of Directors has adopted a policy that limits severance benefits for senior executives. Based on the terms of the new policy, the company will not pay any severance benefits under any existing or future employment agreement or severance agreement with an executive officer that exceeds 2.99 times the sum of the executive’s base salary plus target annual cash incentive award,more...
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  • 10/12/15 8:05 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples and Office Depot today announced that they have mutually agreed with the Federal Trade Commission to extend the review period for the Office Depot acquisition. Under the terms of the agreement, the FTC has agreed to issue its decision regarding this transaction by December 8, 2015. “We’re pleased to reach an agreement with the FTC to extend the review period for the Office Depot transaction,” said Ron Sargent, Chairman andmore...
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  • 10/1/15 9:15 am EDT

    Hottest deals on Staples.com; Stores closed on Thanksgiving Day

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples (NASDAQ:SPLS) makes more for less happen this holiday season with great deals in stores, online and via mobile. Staples.com will feature amazing deals on Thanksgiving Day, giving customers the convenience of shopping from home while stores are closed. Deals in stores begin at 6 a.m. on Black Friday, and Staples.com deals continue through Cyber Monday. “We want our customers and associates to enjoy Thanksgiving their ownmore...
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