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Corporate Press Releases

  • 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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  • 3/9/10 5:11 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 $0.09 per share, an increase of nine percent over the previous quarterly cash dividend of $0.0825 per share. On an annualized basis, the quarterly dividend is equal to $0.36 per share from the $0.33 per share that the Company paid in 2009. The dividend is payable on April 15, 2010, tomore...
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  • 3/2/10 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 30, 2010. Total company sales for the fourth quarter 2009 increased four percent to $6.4 billion compared to the fourth quarter of 2008. Net income for the fourth quarter 2009 declined 18 percent year over year to $234 million, and diluted earnings per share, on a GAAP basis, decreased 20 percent to $0.32 from the $0.40 achievedmore...
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  • 2/23/10 8:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq:SPLS) will hold its quarterly conference call to discuss fourth quarter and fiscal 2009 results on Tuesday, March 2, 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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  • 1/29/10 10:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that it has reached a global settlement in several retail wage and hour class action lawsuits related to the alleged misclassification of its assistant store managers concerning overtime pay. Under the terms of the global settlement, which is subject to court approval, the Company has agreed to pay $42 million to resolve the allegations and avoid further distraction from litigation that hasmore...
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  • 1/6/10 9:38 am EST

    The 1.01 Megawatt Solar System Provides Power Equal to that Used by
    More Than 100 Homes Annually

    HANOVER, Md.--(BUSINESS WIRE)--Staples (NASDAQ: SPLS), the world's largest office products company and SunEdison, North America’s largest solar energy services provider and a subsidiary of MEMC Electronic Materials (NYSE: WFR), hosted a dedication ceremony today to unveil the largest single rooftop solar power installation in Maryland at Staples’ 200,200 square foot fulfillment center in Hanover. The 1.01 megawatt solar installation covers nearly 175,more...
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  • 9/10/08 8:30 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the appointment of Elizabeth A. Smith, president of Avon Products, Inc., to its board of directors. “Liz brings a wealth of global business expertise, consumer products knowledge and operating experience, making her a great addition to our strong board of directors,” said Ron Sargent, Staples chairman and chief executive officer. Smith is responsible for Avon’s world-widemore...
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  • 8/11/08 9:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced the appointment of Michael Patriarca to senior vice president of Quill, who assumes leadership of the catalog and online business serving small and medium-sized businesses. Patriarca reports to Joe Doody, president of Staples North American Delivery. “Mike brings a wealth of knowledge and experience to his new leadership role,” said Doody. “He is well prepared to help drive themore...
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