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BUSINESS
March 6, 2014 | By Tiffany Hsu
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.
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SPORTS
March 21, 2014
How well will Phil Jackson do in New York? Quite well, I'm sure; after all, he has Jim Buss' cellphone number and a number of castoffs to send west. Lynn McGinnis Glendale :: How to become a millionaire? Just ask Jim Buss. He managed to turn a billion-dollar enterprise into a million-dollar one. Sam Austin Bermuda Dunes :: So the owner of the Knicks believes it is worth $60 million to have Phil Jackson watch the team lose for the next five years? Some might say even that amount isn't enough.
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ENTERTAINMENT
December 22, 1985
Now that the Los Angeles Times Magazine has been redone, how about springing for three or maybe even two staples for the Sunday Calendar? MRS. LUCILLE GARBER Van Nuys Our staples are on pages 9-34.
SPORTS
March 9, 2014 | By Eric Pincus
Derek Fisher made what may have been his last appearance on the Lakers' home floor at Staples Center, playing with the Oklahoma City Thunder on Sunday afternoon in a 114-110 loss to the home team. Fisher, in his 18th season, has vowed to retire after the 2013-14 campaign. "He's talked about retiring," said Thunder Coach Scott Brooks on Sunday. "I've heard [our players] are planning on talking to him. Fisher can still play a few more years if he wants to play. " "It's not, 'If I can't,'" said Fisher after the game, acknowledging this was probably his last year.
BUSINESS
February 15, 2013 | By Salvador Rodriguez
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.
BUSINESS
July 9, 2012 | By Salvador Rodriguez
Staples has begun taking pre-orders for Google's  upcoming Nexus 7 tablet, the company announced Monday. The office supply retailer said pre-sales for the device have begun at its stores across the nation as well as through its website. Staples is offering the 8 GB and 16 GB versions of the Nexus 7 for $199 and $249, respectively. Staples said anyone who pre-orders Monday or Tuesday can expect their tablet to arrive as early as Thursday and no later than July 17. Staples also said the pre-orders will come with free shipping.
BUSINESS
November 6, 2013 | By Tiffany Hsu
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.
BUSINESS
September 14, 2012 | By Tiffany Hsu
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.
BUSINESS
June 4, 2008 | From Times Wire Services
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.
BUSINESS
March 5, 2008 | From Times Wire Services
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.
BUSINESS
March 6, 2014 | By Tiffany Hsu
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.
SPORTS
March 6, 2014 | Bill Plaschke
They can't make enough pingpong balls to cover this mess. Even those cheering for the Lakers to tank games were surely shocked and saddened Thursday night when, on their own floor against their hallway neighbor, they tanked effort. They tanked intensity. They tanked trust. Why on earth would anybody want to actually spend money to watch or sponsor or contribute anything to this once-proud franchise again this season after they openly mocked their legacy and culture in a 142-94 loss to the Clippers?
SPORTS
March 3, 2014 | By Lisa Dillman
You can use several methods to assess progress but there are the old reliable signposts along the long-and-winding NHL path. There's the first 20 games of a season, the record at Thanksgiving, and on New Year's. This season, there was the mark at the Olympic break, and now at the looming trade deadline. Wednesday, at noon, is the last opportunity for NHL general managers to close their deals. And so the Kings and Montreal played their final game before the window snaps shut and the Kings beat the Canadiens, 2-1, Monday night at Staples Center on goals by defenseman Jake Muzzin and forward Jeff Carter, who had the game winner, on a power play in the second period.
SPORTS
March 3, 2014 | By Broderick Turner
The Clippers didn't overlook the Suns during their first meeting last December at Staples Center, but Los Angeles was surprised at just how good Phoenix was. The Clippers, who play the Suns on Tuesday night in Phoenix, recalled what happened during that 19-point loss to the Suns. "They killed us," Blake Griffin said after practice Monday. "They dominated almost every aspect. They got all the '50-50' balls. Offensive rebounds. Ran on us. Hit threes. Everything. " The Suns scored 107 points on the Clippers in that game and they shot 12 for 31 (38.7%)
SPORTS
March 2, 2014 | By Broderick Turner
On Dec. 30, the Clippers got rocked by the Suns at Staples Center, a surprising turn of events because Los Angeles didn't see that coming from a Phoenix team few expected to be that good. Now the Clippers and the rest of the NBA are fully aware of how good the Suns are, L.A. knowing first-hand after that 19-point beat-down. The Clippers get to see the Suns again when the two teams meet Tuesday night in Phoenix. So when asked if there was a revenge factor for that game, Coach Doc Rivers smiled and replied, "No, I don't think so. " "I mean, they just only came to our place and beat our butts," Rivers said.
SPORTS
February 25, 2014 | By Broderick Turner
VS. HOUSTON When: 7:30. Where: Staples Center. On the air: TV: Prime Ticket, ESPN; Radio: 980, 1330. Records: Clippers 39-20: Rockets 38-18. Record vs. Rockets: 2-0. Update: If the Clippers beat the Rockets, they will own the tiebreaker for home-court edge in the playoffs if they finish the season with the same record. The Clippers have defeated the Rockets five consecutive times at Staples Center, including scoring a season-high 137 points in the Nov. 4 victory in L.A. broderick.turner@latimes.com
BUSINESS
January 9, 2005
Regarding "Staples to Drop Ads on Sinclair TV Newscasts," Jan. 5: Staples Inc. should be very proud of its responsible decision to drop all advertising on Sinclair Broadcast Group Inc. stations. Regardless of any one person's (or company's) political beliefs, the one-sided, conservative media bias that currently exists in the United States should not be fostered for any reason. It is admirable that Staples has taken a very simple and bold step to not support this bias. An excellent example of corporate advertising leadership has now been set for others to follow.
SPORTS
April 18, 2012 | Chris Erskine
Here we are, back at tricked-out Staples. I'm surprised they haven't torn it down, seeing as how it's been around a good 10 years, a rare stretch of preservation in a city that sneers at slightly aged things (Dodger Stadium a relic? Yeah, so is Lindsay Lohan, but I wouldn't let you tear her down just yet). So the Big Staple probably qualifies for historic status, though it lacks the comforting old stadium musk. I'm thinking of that beer hall cologne that develops after a certain amount of Budweiser seeps between layers of plywood deep in the stadium's skin.
SPORTS
February 15, 2014 | By Ben Bolch
HOUSTON AT LAKERS: Wednesday at 7:30 p.m. TV: ESPN. Dwight Howard might be able to hear the boos as soon as the Rockets' charter flight enters Los Angeles airspace. He was last seen as a Laker inside Staples Center walking into a tunnel after his ejection from a season-ending playoff loss to San Antonio. Howard continued to turn his back on the Lakers when he signed a four-year contract with Houston, becoming the most high-profile free agent to spurn the franchise. He then pretended to be asleep earlier this season when asked about the Lakers.
SPORTS
February 12, 2014 | By Ben Bolch
The most compelling number to watch in the Lakers' box scores the rest of the season could be home attendance. The Lakers failed to sell out a game Tuesday for the second time this season when they drew a season-low 18,209 against the Utah Jazz, ending a 17-game sellout streak dating to November. The previous non-sellout against the New Orleans Pelicans on Nov. 12 ended a far more impressive streak of 270 consecutive regular-season games (and 320 including the playoffs) going back to December 2006.
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