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Corporate Press Releases

  • 7/17/08 8:55 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., today announced the successful completion of the previously announced cash tender offer (the “Offer”) for all of the outstanding 8.25 percent senior subordinated notes due July 1, 2014 (the “2014 Notes”) and 7.875 percent senior subordinated notes due March 1, 2015 (the “2015 Notes”) of Corporate Express U.S. Finance Inc. (more...
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  • 6/6/08 8:55 am EDT

    Staples receives strong support for debt tender and consent to amend
    covenants

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., today announced prices for the previously announced cash tender offer for all of the outstanding 8.25 percent Senior Subordinated Notes due July 1, 2014 (the “2014 Notes”) and 7.875 percent Senior Subordinated Notes due March 1, 2015 (the “2015 Notes” and together, the “Notes”) of Corporate Express U.S. Finance Inc. (more...
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  • 12/12/07 8:30 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the appointment of Carol Meyrowitz, president and chief executive officer of The TJX Companies, Inc., to its board of directors. “Carol brings strong executive skills as well as a wealth of retail industry knowledge. Her merchandising expertise and product sourcing background make her a great addition to our strong board of directors,” said Ron Sargent, Staples chairman and chiefmore...
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  • 11/27/07 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its third quarter ended November 3, 2007. Total company sales increased nine percent to $5.2 billion compared to the third quarter of 2006. Net income, on a GAAP basis, declined five percent year over year to $275 million, and net income on a pro forma basis grew 13 percent to $299 million. Diluted earnings per share, on a GAAP basis, decreased three percent to 38 cents, and dilutedmore...
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  • 11/20/07 8:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS) will hold its quarterly conference call to discuss third quarter 2007 results on Tuesday, November 27, 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 http://investor.staples.com. The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors.more...
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  • 11/12/07 12:00 pm EST

    Staples Makes It Easy to Recycle Technology Items Every Day in Stores
    Nationwide

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Do you recycle your old electronic items? If so, you’re one of a small number who do. Only 23 percent of Americans recycle their old or unused electronic items, and 41 percent either throw such items in the trash or don’t dispose of them at all, according to a national survey by Staples. “The recycling of electronic products at their end of life fuels economic activity, creates jobs and diverts hazardous materials from landfillsmore...
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  • 11/2/07 6:50 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that it has reached a settlement in a wage and hour class action lawsuit concerning the alleged misclassification of its California-based assistant store managers. The settlement of $38 million, which is subject to court approval, resolves the allegations and allows Staples to avoid further expense and distraction from litigation that has been ongoing for the past eight years. The company firstmore...
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  • 10/29/07 8:30 am EDT
    FRAMINGHAM, Mass. & ATLANTA--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and UPS (NYSE:UPS) today announced a joint venture to launch a new co-branded store in China. The new store format, co-branded Staples UPS Express, combines office supplies and document processing services from Staples, the world’s largest office products company, with packaging and international shipping services from UPS, the world's largest package delivery company. The first two Staples UPS Express locationsmore...
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  • 8/21/07 7:00 am EDT

    Earnings Per Share Rose 14 Percent and Sales Increased 11 Percent

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its second quarter ended August 4, 2007. Total company sales increased 11 percent to $4.3 billion compared to the second quarter of 2006. Net income rose 11 percent year over year to $179 million, and earnings per share, on a diluted basis, increased 14 percent to 25 cents, from the 22 cents achieved in the second quarter of last year. Total North American Retail sales grewmore...
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  • 8/14/07 8:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq:SPLS), will hold its quarterly conference call to discuss second quarter 2007 results on Tuesday, August 21, 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 http://investor.staples.com. The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors.more...
    English

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