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Corporate Press Releases

  • 3/6/15 6:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its fourth quarter and fiscal year ended January 31, 2015. Total company sales for the fourth quarter of 2014 were $5.7 billion, a decrease of four percent compared to the fourth quarter of 2013. On a GAAP basis, the company reported a net loss of $260 million, or $0.41 per share, compared to net income of $212 million, or $0.33 per diluted share, achieved in the fourth quarter of 2013more...
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  • 3/3/15 4:30 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share. The dividend is payable on April 16, 2015, to shareholders of record on March 27, 2015. About StaplesStaples makes it easy to make more happen with more products and more ways to shop. Through its world-class retail, online and delivery capabilities, Staples letsmore...
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  • 2/27/15 1:09 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) will hold its quarterly conference call to discuss fourth quarter and fiscal 2014 results on Friday, March 6, 2015 at 8:00 a.m. Eastern Time. To listen to the conference call via webcast, please visit Staples’ Investor Relations website at http://investor.staples.com. About Staples Staples makes it easy to make more happen with more products and more ways to shop. Through its world-classmore...
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  • 2/5/15 9:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ: SPLS) today launched a new brand campaign featuring the “Staples Guy,” who showcases how the company helps small business customers succeed. The new campaign builds on the tagline “Make More Happen” to highlight the value, convenience and services that help Staples customers achieve success in surprising and affordable ways. The national campaign begins Sunday, Feb. 8. “Staples Guy represents the thousands ofmore...
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  • 2/4/15 7:00 am EST

    Combined Company Better Positioned to Serve the Changing Needs of Customers and Compete Against a Large and Diverse Set of Competitors

    Strategic Combination Expected to Deliver at Least $1 Billion of Annualized Synergies by Third Full Fiscal Year Post-Closing

    Cost Savings and Operational Efficiencies to Dramatically Accelerate Staples’ Strategy of Driving Growth in Delivery Businesses and Categories Beyond Office Supplies

    Provides Ability to Optimize Retail Footprint

    Generates Significant Value for Shareholders; Accretive to EPS in First Year Post-Closing1

    FRAMINGHAM, Mass. & BOCA RATON, Fla.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) today announced that the companies have entered into a definitive agreement under which Staples will acquire all of the outstanding shares of Office Depot. Under the terms of the agreement, Office Depot shareholders will receive, for each Office Depot share, $7.25 in cash and 0.2188 of a share in Staples stock at closing. Based on Staples closing share price on February 2, 2015,more...
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  • 1/20/15 10:44 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today issued the following statement regarding the letter it received from Starboard Value: Staples values constructive shareholder input and dialogue and regularly meets with its shareholders. The Company has met and spoken with Starboard Value on several occasions to discuss their ideas. The Company made clear that the Staples’ Board of Directors carefully considers all actions that would createmore...
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  • 1/14/15 4:05 pm EST
    • Paul-Henri Ferrand nominated to Staples Board
    • Lead Independent Director Robert C. Nakasone to Retire; Board to appoint Robert E. Sulentic as Lead Independent Director
    • Board approves Independent Chair policy
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that Paul-Henri Ferrand, Vice President of U.S. Sales and Operations at Google, has been nominated by the company’s Board of Directors for election as a Director at the 2015 Annual Meeting. “We’re pleased to nominate Paul-Henri Ferrand to our Board of Directors,” said Vijay Vishwanath, Chair of the Nominating and Corporate Governance Committee. “Paul-Henri is a strong strategic fitmore...
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  • 12/19/14 4:04 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today gave an update on the investigation into its previously announced data security incident involving a small percentage of its retail point-of-sale systems. Staples’ data security experts detected that criminals deployed malware to some point-of-sale systems at 115 of its more than 1,400 U.S. retail stores. Upon detection, Staples immediately took action to eradicate the malware in mid-September and tomore...
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  • 12/4/14 6:57 am EST

    World-Class Platform Makes It Easy For Vendors to Sell Through Staples’ E-Commerce Channels

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples (NASDAQ:SPLS), one of the world’s largest internet retailers, today announced the roll-out of Staples Exchange, a world-class platform that makes it easy for suppliers to offer products to Staples customers. Staples Exchange is a unified platform that allows vendors to sell through all of Staples’ e-commerce channels, with multiple integration options. Unlike other retailers, Staples does not require vendors to use a thirdmore...
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  • 12/2/14 4:05 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share. The dividend is payable on January 15, 2015, to shareholders of record on December 26, 2014. About Staples Staples makes it easy to make more happen with more products and more ways to shop. Through its world-class retail, online and delivery capabilitiesmore...
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