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Archived Press Releases 2001

  • 9/19/01 7:00 am EDT

    Exec who helped reshape Campbell Soup Will Oversee Office Products
    Leader's Strategic, Business Development and Financial Efforts

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Basil L. Anderson, 56, the former chief financial officer and treasurer who helped reshape Campbell Soup Co., has joined Staples Inc. (Nasdaq: SPLS) as vice chairman. Anderson, who has served on the Staples board of directors since 1997 and is chair of the audit committee, will be responsible for overseeing the company's strategic, business development and financial initiatives. His appointment was announced today by Staples President and Chiefmore...
  • 9/7/01 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (Nasdaq: SPLS) today announced that it has been named a CIO-100 award honoree for the fourth consecutive year by CIO - the magazine for information executives. The prestigious award recognizes organizations around the world that excel in business performance through innovative products, relationships and processes. Staples is the only office supply retailer to win the award this year. "In order to survive in the competitivemore...
  • 9/7/01 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (Nasdaq:SPLS) announced today that a number of executives sold 1,570,000 Staples shares in a block trade executed by Deutsche Banc Alex. Brown. The sale of the shares relates to repayment of debt these executives undertook to exercise shares. more...
  • 9/5/01 7:00 am EDT

    Succession set for fiscal 2002; Sargent and Stemberg together to
    remain focused on Staples' growth strategies

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. today announced that, effective Feb. 3, 2002, President and Chief Operating Officer Ronald L. Sargent will become chief executive officer, while Chairman and CEO Thomas G. Stemberg will be appointed executive chairman. Sargent and Stemberg will work together on corporate strategy, vision and mission in their new positions, which take effect at the beginning of the company's next fiscal year. As CEO, Sargentmore...
  • 9/4/01 7:00 am EDT

    Alliance with Provides Small Businesses with Secure, Private
    Work Space on the Web

    BOSTON--(BUSINESS WIRE) (, the world's largest provider of Web-based intranets, today announced an alliance with to deliver an intranet solution to Staples Inc. (Nasdaq: SPLS) small business customers. provides office supplies, services, content and community over the Internet. Staples small business customers can quickly and easily create their own intranet on the Web through a fully functional versionmore...
  • 8/27/01 7:00 am EDT
    BOSTON--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and shareholders today voted to reclassify tracking stock into Staples common stock. The reclassification, which passed with approximately 85 percent of the vote, will allow the Framingham, Mass.-based company to fully integrate with its catalog business and its retail stores through its in-store access points. "We are heartened that shareholders inmore...
  • 8/21/01 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq:SPLS) today reported sales of $2.3 billion for the second quarter, which ended August 4, a 5 percent increase versus the $2.2 billion reported for the same period last year. The company recorded net income for the quarter of $40.35 million, or $.09 per diluted common share, compared with $42.56 million, or $.10 per diluted common share, for the same period last year. Overall comparable sales for the quarter were flat, withmore...
  • 8/15/01 7:00 am EDT

    Office Superstore Donates Percentage of Day's Sales to RIF to Promote
    Literacy; Teachers, Parents and Students Honored With Festivities and
    Free Gifts at Every Staples Store Nationwide

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Families who purchase back-to-school supplies at Staples stores on Saturday, Aug. 18, 2001 will do more than fill their children's bookbags for the first day of school. Staples and Reading Is Fundamental(R) (RIF(R)) have designated the date Education Appreciation Day. Teachers, parents, and children are invited to any one of the 1,050 Staples stores nationwide where they can participate in reading festivities, receive free back-to-school gifts,more...
  • 8/15/01 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) will host a live Internet broadcast of its second quarter 2001 earnings conference call at 8:00 a.m. on Tuesday, August 21. Individuals may access the broadcast from Staples' Web site directly at A replay of the quarterly earnings conference call will be available at from 11:30 a.m. Eastern Time on August 21st through midnight on Tuesday, August 28thmore...
  • 7/24/01 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) today announced the kick-off of the 6th annual "Staples Coach of the Week" program. Sponsored by Staples and in partnership with the National Football League (NFL) and CBS Sports, the contest will award seventeen accredited K-12 schools a $5,000 Staples gift certificate and a visit from their local NFL head coach. "The Staples Coach of the Week program is a wonderful program that takes the game off themore...

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