FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced the launch of "Your Online
Office Manager," a comprehensive, cross-channel, online and offline
marketing campaign, which includes a national television spot, designed
to generate sales for and drive traffic to www.staples.com.
The program was jointly developed by Cliff Freeman and Partners,
i-traffic and Eisnor Interactive Inc., all based in New York City, and
Staples' in-house advertising agencymore...
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced its board of directors
authorized the company to purchase an additional $100 million of its
common stock, bringing the total amount of the company's stock
repurchase program to $300 million. In March 1999, the board approved
the company's first stock repurchase program that authorized the
purchase of up to $200 million of its common stock.
The common stock may be purchased by the company frommore...
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...
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...
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
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;
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
The agreements include significant cross-marketing initiatives, and both
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...
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...