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Archived Press Releases

  • 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...
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  • 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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  • 8/8/17 2:02 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) teamed up with Lady Gaga’s Born This Way Foundation to create the Staples for Students Digital Kindness Tree that debuts today online at www.StaplesKindnessTree.com , to encourages people nationwide to promote kindness in schools and celebrate everyday acts of kindness. Kindness trees are often used in schools, on classroom or cafeteria walls, to spotlight and encourage acts of kindness. Staples and Bornmore...
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  • 8/2/17 10:15 am EDT

    $50,000 Prize Will Transform the Winner’s Workplace

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Is your current breakroom lacking and in need of an upgrade? Do you actively avoid the breakroom because it doesn’t represent an inviting and collaborative space where you want to spend time? If so, you are in luck. Staples, Inc. wants to makeover your breakroom and show how office design contributes not only to office morale, but also to productivity, collaboration, recruitment and retention. Starting today, all U.S. businesses withmore...
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  • 7/31/17 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) (“Staples” or the “Company”) today announced that it has commenced a tender offer to purchase for cash any and all of its $500 million aggregate principal amount of outstanding 4.375% Senior Notes due 2023 (the “Notes”). In conjunction with the tender offer, the Company is soliciting consents to the adoption of certain proposed amendments to the terms of the Notes as described below (the “Proposed Amendmentsmore...
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