February 15, 2013 |
The next time an iPhone or iPad comes out, you might be able to pick it up at a Staples store. The news was announced over Twitter by a couple of Staples employees, but they may have shared it prematurely. Neither Apple nor Staples have put out a press release, and two of the employees have now removed their tweets from public view. "After Canada, #Apple products are coming to #Staples in US. Great news!" said Regis Mulot , Staples' senior vice president of global human resources, in a tweet that now appears to have been deleted.
November 6, 2013 |
Falling in line behind the likes of Macy's, J.C. Penney, OfficeMax, Kmart and more, Staples is joining the horde of retailers opening its doors on Thanksgiving without bothering to wait for Black Friday. The office supply chain will open on the holiday for the first time in its history, welcoming bargain-hunters at 8 p.m. before closing at midnight. The next day - the traditional holiday shopping kickoff - Staples will reopen at 6 a.m. The company also surveyed more than 1,000 consumers and found that two-thirds are equally as likely to buy gifts online as they are in stores.
September 14, 2012 |
A report that several private equity firms -- including original investor Bain Capital -- are considering buying Staples Inc. pushed the office supply chain's stock up as much as 6.2% on Friday. Acquisition talks are still preliminary and any offer likely won't come until later this year, according to a report by Fortune citing unnamed sources familiar with the situation. The size of the deal would be so large, based on Staples' roughly $8-billion market cap, that at least three firms would have to join forces to come up with the needed investment, according to Fortune.
March 5, 2008 |
Although Staples Inc. is weathering the economic downturn better than rival Office Depot Inc., the world's largest office products supplier sees no quick turnaround from sagging U.S. customer demand. The chain of more than 2,000 stores and 76,000 employees on Tuesday trimmed its profit and sales forecasts for the full year and reported its fiscal fourth-quarter profit declined 1%. Staples' retail customer traffic fell 6% in the fourth quarter and "remains choppy," Staples Chief Executive Ron Sargent said.
March 6, 2014 |
Office supply giant Staples Inc. is planning to close as many as 225 North American stores while slashing annualized costs by up to $500 million by the end of 2015. The Framingham, Mass., company, which has been pressured by online competitors such as Amazon.com and is threatened by the merging of Office Depot and Office Max, also said Thursday that sales for the fourth quarter ended Feb. 1 slumped 10.6% to $5.9 billion. The retailer projected that its first-quarter sales would also slide year over year, marking the fifth straight drop for the measure.
June 4, 2008 |
Staples Inc. raised its hostile bid for Corporate Express after the Dutch company's surprise bid for another office products supplier would create a viable global competitor. At $2.6 billion, the new offer from Staples is 14% higher than its previous bid. Analysts say the new price will prove more enticing to shareholders of Corporate Express than the Amsterdam company's proposed buyout of Lyreco Group in France.