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Archived Press Releases

  • 9/12/17 3:33 pm EDT
    NEW YORK--(BUSINESS WIRE)--Sycamore Partners today announced that it has completed its acquisition of Staples, Inc. (the “Company”). "We are pleased to have completed this transaction and look forward to partnering with CEO Shira Goodman and the Staples management team as we seek to increase long-term profitability," said Stefan Kaluzny, Managing Director of Sycamore Partners. “With the support of its dedicated associates, Staples is well-positioned to leveragemore...
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  • 8/28/17 4:30 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) today announced that Arch Merger Sub Inc., a Delaware corporation (“Merger Sub”), formed by funds managed by Sycamore Partners Management, L.P. (“Sycamore”) in connection with the previously announced proposed acquisition of the Company by such funds, pursuant to the Agreement and Plan of Merger, dated as of June 28, 2017 (the “Merger Agreement”), by and among the Company, Arch Parent Incmore...
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  • 8/24/17 1:00 pm EDT

    Born This Way Foundation Unveils Illinois Findings of Its “Kind Communities – A Bridge to Youth Mental Wellness” Survey

    Staples also surprises Chicago teachers with more than $400,000 worth of classroom projects on DonorsChoose.org

    CHICAGO--(BUSINESS WIRE)--Today Staples, Inc. (NASDAQ: SPLS) held the first Staples for Students Kindness Summit, an event bringing together youth, educators, and experts for an engaging discussion about the importance of promoting kindness to create a positive classroom experience as students across the country begin a new school year. The Chicago event was co-hosted by Born This Way Foundation, a non-profit organization founded by Lady Gaga and her mother,more...
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  • 8/24/17 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) (“Staples” or “the company”) announced today the results for its second quarter ended July 29, 2017. Total company sales for the second quarter of 2017 were $3.9 billion, a decrease of three percent compared to the second quarter of 2016. On a GAAP basis, the company reported net income from continuing operations of $63 million, or $0.10 per diluted share, for the second quarter of 2017. Second quarter 2017 resultsmore...
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  • 8/21/17 10:19 am EDT

    Staples Helps Cleveland Teachers Create Positive Classroom Experiences

    CLEVELAND--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) announced today that all 158 projects posted by teachers on DonorsChoose.org in Cleveland received full funding as part of Staples’s $1 million donation to DonorsChoose.org, a charity that has funded more than 900,000 classroom projects for teachers and has positively affected more than 28 million U.S. students. As part of the Staples for Students program, Staples continues to support education andmore...
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  • 8/21/17 9:26 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) announced today that it has received the requisite consents with respect to its previously announced solicitation of consents (the “consent solicitation”) to the adoption of certain proposed amendments (the “Proposed Amendments”) to the terms of the Company’s 4.375% Senior Notes due 2023 (the “Notes”). The Company has also extended the consent time (the “Consent Time”) for the consentmore...
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  • 8/17/17 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) will announce second quarter 2017 results on Thursday, August 24, 2017 before the market open. On June 28, 2017, Staples announced that it had entered into an agreement to be acquired by funds managed by Sycamore Partners. The merger is subject to customary closing conditions, including the receipt of stockholder approval, and is expected to close in the third fiscal quarter of 2017.more...
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  • 8/15/17 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) today announced that Arch Merger Sub Inc., a Delaware corporation (“Merger Sub”), formed by funds managed by Sycamore Partners Management, L.P. (“Sycamore”) in connection with the previously announced proposed acquisition of the Company by such funds, pursuant to the Agreement and Plan of Merger, dated as of June 28, 2017 (the “Merger Agreement”), by and among the Company, Arch Parent Incmore...
    English
  • 8/14/17 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) (“Staples” or the “Company”) announced today that it has extended (i) the consent time (the “Consent Time”) for its previously announced solicitation of consents (the “consent solicitation”) to the adoption of certain proposed amendments (the “Proposed Amendments”) to the terms of the Company’s 4.375% Senior Notes due 2023 (the “Notes”) and (ii) the expiration date (the “Expiration Date”) for its previously announcedmore...
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  • 8/10/17 11:00 am EDT

    Staples and Lady Gaga Help San Francisco Teachers Create Positive Classroom Experiences

    SAN FRANCISCO--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) announced today that all 133 projects posted on DonorsChoose.org in San Francisco received full funding as part of Staples’s $1 million donation to DonorsChoose.org, a charity that has funded more than 900,000 classroom projects for teachers and has positively affected more than 28 million U.S. students. As part of the Staples for Students program, Staples together with Lady Gaga, continue to supportmore...
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