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Corporate Press Releases

  • 7/11/10 6:46 pm EDT

    Staples Reaches More Than 92 Percent in Its Offer for Corporate
    Express Australia and Has Declared Its Takeover Offer Unconditional

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced that its wholly owned subsidiary Staples Australia Pty. Limited (“Staples Australia”) now has a relevant interest in more than 92 percent of the shares in Corporate Express Australia Limited (“Corporate Express Australia”). On July 9, Staples Australia declared its takeover offer for Corporate Express Australia (“Offer”) unconditional. The closing date for the Offer is July 26. Following thismore...
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  • 7/2/10 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the acquisition of Finland’s leading office supply company, Oy Lindell Ab. The purchase builds on Staples’ strong Nordics region, part of its $3.5 billion European office products business. Lindell currently serves businesses of all sizes through a delivery and retail network, offering a wide range of office products and industrial and school supplies. The acquisition will enable Lindell tomore...
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  • 6/30/10 1:27 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced the appointment of Steven Fund as senior vice president of global brand marketing, effective July 12. Fund will report to Mike Miles, Staples president and chief operating officer. “Steve brings 20 years of world class brand management, marketing and advertising experience that will help further Staples recognition as the leading office products and services company,” said Miles. “Withmore...
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  • 6/7/10 4:01 pm EDT

    Company to Resume Share Repurchase Program

    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 $0.09 per share. The dividend is payable on July 15, 2010, to shareholders of record on June 25, 2010. The company also announced its intention to resume share repurchases under the program authorized by its Board of Directors in June 2007. The company currently has approximately $1.0more...
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  • 6/7/10 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. today announced the appointment of Pete Howard to senior vice president of Staples Southern Europe. Howard will report to Rob Vale, president of Staples Europe. “As a 10-year Staples veteran, Pete has a great track record in driving Web and catalog sales growth,” said Vale. “In his new role, Pete brings his outstanding management skills and experience to Staples business across the southern European regionmore...
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  • 6/7/10 7:00 am EDT

    Steven Bussberg appointed senior vice president of Staples
    Business Delivery; Elaine Bruzios promoted to senior vice president of
    finance for North American Delivery

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced the appointments of Steven Bussberg to senior vice president of Staples Business Delivery and Elaine Bruzios to senior vice president of finance for North American Delivery. Bussberg and Bruzios will report to Joe Doody, president of Staples North American Delivery. “Steve has played a key part in making our delivery business the industry leader in sales and profitability. In his new role,more...
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  • 5/13/10 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS), will hold its quarterly conference call to discuss first quarter 2010 results on Thursday, May 20, 2010, at 8:00 a.m. Eastern Time (7:00 a.m. Central Time). This call is being webcast by Thomson Reuters and can be accessed at Staples’ Web site at http://investor.staples.com. The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individualmore...
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  • 4/28/10 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced the promotion of Lisa Scopa to vice president, treasurer. Scopa, formerly director of corporate financial planning and analysis, will report to John Mahoney, vice chairman and chief financial officer. “Lisa has demonstrated great leadership at Staples,” said Mahoney. “Through her diverse experience across our business unit, corporate finance and international finance teams, Lisa will play anmore...
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  • 4/16/10 1:45 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that it has reached a global settlement, subject to court approval, of the derivative litigation relating to the company’s historical stock option granting practices. The agreement involves no admission of wrongdoing on the part of Staples or the individual defendants in connection with the allegations and would eliminate the burden, expense, and distraction of litigation that has been pending formore...
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  • 3/16/10 11:58 pm EDT

    Corporate Express Australia’s Board1
    Unanimously Recommends the Offer

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (“Staples”) today announced an offer (the “Offer”) for all of the shares it does not already own in Corporate Express Australia Limited (“Corporate Express Australia” or the “Company”). Staples is the majority shareholder of Corporate Express Australia, holding 58.6% of the Company’s issued share capital. “The Offer provides the minority shareholders of Corporate Express Australia with a compelling opportunity to realize amore...
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