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Archived Press Releases 2007

  • 6/21/07 11:52 am EDT

    $550,000 Donation to Fund New Early Childhood Literacy Program
    through 2009

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc., (NASDAQ: SPLS) announced today a new partnership with ReadBoston, the literacy program founded by Mayor Thomas M. Menino, to address low literacy levels among Boston’s youth. John Mahoney, vice chairman of Staples, will announce Staples’ donation totaling $550,000 over the next three years to fund a new literacy program during ReadBoston’s Summer Storymobile Kick-off event on Friday, June 22 at 11:00 amore...
  • 6/14/07 12:50 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc., (Nasdaq: SPLS) announced today that its board of directors authorized the repurchase of up to $1.5 billion of its common stock. This new share repurchase program replaces another previously authorized $1.5 billion share repurchase program. Under the previous program, the company had repurchased approximately $1.2 billion of common stock as of June 13, 2007. The new share repurchase program goes into effect during the currentmore...
  • 6/6/07 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced the promotion of Kristin Campbell to senior vice president, general counsel. Campbell, who previously served as senior vice president, deputy general counsel, will be responsible for the strategic management of the company’s Legal group. Campbell reports to Ron Sargent, Staples’ chairman and chief executive officer. “Kristin is an outstanding and respected leader” “Kristin ismore...
  • 5/22/07 7:30 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that it has acquired American Identity, one of the largest global distributors of corporate branded merchandise, from Republic Financial Corporation. The acquisition provides Staples expanded capabilities in the $18 billion promotional products market and allows American Identity, headquartered in Overland Park, Kansas, to benefit from the infrastructure of the world's largest office products companymore...
  • 5/22/07 7:00 am EDT

    Earnings Per Share Rose 16 Percent and Sales Increased Eight Percent

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its first quarter ended May 5, 2007. Total company sales increased eight percent to $4.6 billion compared to the first quarter of 2006. Net income rose 12 percent year over year to $209 million, and earnings per share, on a diluted basis, increased 16 percent to $0.29, from the $0.25 achieved in the first quarter of last year. First quarter North American Retail comparablemore...
  • 5/21/07 4:00 am EDT

    Staples Becomes First National Retailer to Offer Everyday In-Store
    Recycling For Computers & Other Office Technology

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS), the world’s largest office products company, today announced that it now makes it easy to recycle used computers and other office technology at any Staples store nationwide, becoming the first national retailer to offer computer recycling in stores every day. Staples makes it easy for customers to recycle e-waste by simply bringing their used computers, monitors, laptops, printers, faxes and all-in-more...
  • 5/15/07 8:00 am EDT
    FRAMINGHAM, Mass--(BUSINESS WIRE)--Staples, Inc. (Nasdaq:SPLS) will hold its quarterly conference call to discuss first quarter 2007 results on Tuesday, May 22, 2007 at 8:00 a.m. Eastern Time (7 a.m. Central Time). This call is being webcast by Thomson/CCBN and can be accessed at Staples' Web site at The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors.more...
  • 5/14/07 12:22 pm EDT

    Gordon Szeto of San Francisco Selected for his Photo, “Urban Glow”;
    Photo to be Sold in Staples Stores Across the Country

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--What makes our hometowns so special? For Gordon Szeto of San Francisco, it’s the majesty of the Bay Bridge lit against the night sky. Today, Staples, Inc. (Nasdaq: SPLS), the world’s largest office supplies company, announced that Mr. Szeto is the grand-prize winner of its “Hometown Views” national photo contest. Staples, with the help of Professional Photographers of America, the world’s oldest and largest not-for-profit association formore...
  • 4/30/07 9:00 am EDT

    $500,000 Grant to Continue Expansion of Ashoka’s Youth Venture
    in 2007

    ARLINGTON, Va.--(BUSINESS WIRE)--In a joint effort to recognize young people making an impact on society, Ashoka, a global organization with a 26-year history and network of more than 1,800 social entrepreneurs serving 70 countries, and Staples Foundation for Learning, a private foundation created by Staples, Inc. (NASDAQ: SPLS), today announced Kyle Freas, creator of Youth Together, as the grand prize winner of the Youth Venture “That Was Easy”more...
  • 4/24/07 12:00 pm EDT

    Three Individuals Lauded as America’s Next Great Inventive Minds;
    Winners Selected by Expert Judges and America’s Vote

    NEW YORK--(BUSINESS WIRE)--From an ingenious dry erase page called the “Problem Pad” to “No Poke Pins,” an innovative twist on traditional thumbtacks, Staples Inc. today announced the winners of the third Staples Invention Quest®, its national search to find the next great product that makes school- or work-life easier. The 2007 Staples Invention Quest winners in the Kid, Adult and Staples Associate contests offer three unique product ideas that canmore...

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