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2004

January 1, 2004
  • Sales reach $14.4 billion
  • Initiates first–ever stock dividend to shareholders
  • Announces Staples Invention Quest® inaugural winner is the Staples WordLock™, a combination lock that uses letters instead of numbers
  • Expands European delivery business with acquisition of Pressel Versand International GmbH, based in Vienna, Austria, and the office products division of Malling Beck A/S of Denmark
  • Invests in Shanghai–based office delivery business, OA 365, to enter the Chinese marketplace
  • Enters the Latin American market with the acquisition of Officenet, a Brazilian and Argentinean office products delivery business

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