Staples Press Releases | Staples Online Newsroom

All Press Releases

Staples Inc. Announces Plans to Create Tracking Stock for E-Commerce Unit and Names Jeanne M. Lewis President of Division
9/15/99 7:00 am EDT
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced its board of directors has approved plans to create a new class of common stock -- Staples.com Stock -- that will track the performance of the company's e-commerce business. Creating a tracking stock will allow Staples to aggressively pursue electronic commerce and become the preeminent office supply seller to small businesses on the Internet. The plans to create a tracking stock are subject tomore...
Language:English
Staples.com Enhances Management Team Business Editors
9/9/99 7:00 am EDT
Promotes Michael J. Ragunas to Vice President Information Systems

Kevin B. Dempsey to Vice President Merchandising
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced it promoted Michael J. Ragunas to vice president of information systems and named Kevin B. Dempsey vice president of merchandising, both working for the company's burgeoning Staples.com e-business unit. "Mike has played a key role in the development, launch and continuous enhancement of Staples.com," said Jeff Levitan, senior vice president of Staples.com. "With the addition of Kevin and hismore...
Language:English
Staples to Open Airport Stores; Philadelphia International Airport Store Will Combine Three Ways to Shop Business Editors
8/19/99 7:00 am EDT
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. today announced its plans for a new airport retail store concept with the first store to open at the Philadelphia International Airport in September. This entirely new store concept will offer travelers three ways to shop: traditional retail, a kiosk linked to Staples.com and a direct phone line to Staples catalog representatives. Two additional Staples airport stores are planned to open by the end of the year. "Themore...
Language:English
Staples Takes Equity Position in HotOffice; Agreement Includes Strategic Marketing Partnership and Brings Total Financing Round to $14.8 Million for Application Service Provider
8/18/99 7:00 am EDT
FRAMINGHAM, Mass. and BOCA RATON, Fla.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) and HotOffice Technologies, Inc. (www.hotoffice.com), today jointly announced that Staples has taken an equity stake in the developer of the award-winning HotOffice Web-Based Intranet Service, investing $6 million in a total financing round of $14.8 million. Additional investors include Intel Corporation; Spyglass Equities 99A L.P., an investment affiliate of The Staubach Company; Blumenstein/Thorne Informationmore...
Language:English
Staples Makes Strategic Internet Investments in HotOffice and DSL.net
8/18/99 7:00 am EDT
Marketing Partnerships Help Staples Better Serve Small Business
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced it has made strategic investments in two e-commerce companies: HotOffice Technologies, Inc., a Web-based intranet service provider, and DSL.net, a provider of high-speed Internet access. In addition, Staples has indicated an interest in purchasing up to $5 million of common stock from DSL.net at its IPO. The agreements include significant cross-marketing initiatives, and both companies'more...
Language:English
Staples Inc. Reports Industry Leading Second Quarter Results; ...Earnings Per Share Up 38 Percent; Sales Rise 25 Percent; Net Income Increases 56 Percent
8/18/99 7:00 am EDT
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS), the pioneer of the office superstore industry, today reported net income of $52.7 million, or $.11 per common share on a diluted basis, for the second quarter, which ended July 31, 1999, compared with $33.8 million, or $.08 per common share on a diluted basis, for the prior year. The earnings per share calculation for the prior year excludes a one-time charge for the merger with Quill Corporation and includesmore...
Language:English
Staples Inc. Wins CIO-100 Award
8/16/99 7:00 am EDT
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced it has been named a CIO-100 winner for the second consecutive year by CIO - the magazine for information executives. The award is presented annually to 100 companies who exemplify the best of the best in operational and strategic excellence around the world, and possess the strategy, ability and drive to prosper in the new millennium. This year, Staples is the only office superstore to win the awardmore...
Language:English
Staples Inc. Acquires European Office Supply Companies
8/11/99 7:00 am EDT
Enhances German Operations and Expands to Two New Countries
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced a definitive agreement to acquire three European office supply companies -- Sigma Burowelt in Germany, Office Centre in the Netherlands, and Office Centre in Portugal. The acquisition will expand the company's European presence to 120 superstores. "This acquisition gives us established retail locations in two new countries, and will enhance our current operations in Germany," said Josephmore...
Language:English
Staples Marks Retail Milestone With Opening of 1,000th Store in Atlanta
8/5/99 7:00 am EDT
Store Dedicated to The Home Depot Co-founders Bernie Marcus and Arthur
Blank; Office Retailer Enters Greater Atlanta Retail Market, Opening
Eight Superstores
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced it is opening its 1,000th office superstore in Duluth, Ga. The store is dedicated to Atlanta-based Home Depot co-founders, Bernie Marcus and Arthur Blank, who revolutionized home improvement by creating the warehouse retail concept. "Bernie and Arthur developed a whole new channel for home improvement supplies when they launched The Home Depot in 1978," said Thomas G. Stemberg, chairman andmore...
Language:English
At www.staples.com, Online School Supplies Shopping is as Easy as Learning Your ABCs
7/26/99 7:00 am EDT
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced its online Back-to-School Center designed to slash the cost and hassle of purchasing back-to-school supplies. With a large selection of specially tagged back-to-school items, on-the-go parents and vacationing students can avoid the mad rush to the mall and conveniently purchase school supplies online. "Most parents would prefer to spend quality time with their kids rather than fight themore...
Language:English

Press Releases: Corporate; Products / Services; Community Relations; Archived Press Releases; Press Kits

Multimedia: Logos; Videos

Corporate Information: Leadership; Media Contacts; About Us; Investor Relations; Community Relations

This Web site is intended for use by US residents only.See International Sites.

See our delivery policy for full details.

Questions? Call 1-800-STAPLES (1-800-782-7537) or email us at http://www.staples.com/emailus.

Business Wire NewsHQ℠