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Corporate Press Releases

  • 3/8/00 7:00 am EST

    Largest Operator of Office Superstores in the World To Post Cut-Sheet
    Paper Requests on Global E-Commerce Exchange

    BOSTON--(BUSINESS WIRE)--PaperExchange.com, Inc., the global e-business marketplace for the pulp and paper industry, and Staples Inc. (NASDAQ:SPLS), the pioneer of the office superstore industry, today announced they have entered into a strategic alliance and listing agreement. As part of the alliance Staples intends to source paper online by posting requests for cut-sheet paper on the PaperExchange.com site. "The site conveniently connects PaperExchange.commore...
    English
  • 3/8/00 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. today announced its plans to open a store at the Newark International Airport in May. This is the third Staples airport location, adding to stores currently open at the Philadelphia International Airport and Boston Logan International Airport. The Newark airport store will offer travelers three ways to shop: traditional retail, a kiosk linked to Staples.com and a direct phone line to Staples catalog representativesmore...
    English
  • 3/8/00 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced that it has formed a strategic partnership with PaperExchange.com, Inc., a global e-business marketplace for the pulp and paper industry. Staples has made an initial one percent investment in the privately held company and has agreed to purchase a portion of its office paper requirements on PaperExchange.com "PaperExchange.com is revolutionizing paper purchasing," said Thomas G. Stemberg,more...
    English
  • 3/6/00 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced that following its year-end earnings announcement, the company expects to continue its share repurchase program. Based on a board of directors authorization in December 1999, Staples expects to purchase $250 million of its common stock this year. The common stock may be purchased by the company from time to time in open market or privately negotiated transactions. Repurchased commonmore...
    English
  • 3/2/00 7:00 am EST

    North American Same-Store-Sales Grow 10 Percent For The Quarter And The
    Year

    Revenue Rises 25 Percent For The Quarter, 24 Percent For The Year

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS), the pioneer of the office superstore industry, today announced that its Retail and Delivery business earned net income of $331.3 million or $.70 per common share on a diluted basis for the year ended January 29, compared with $240.7 million or $.53 per common share earned on a diluted basis for the prior year. In the fourth quarter of 1999, the company earned net income of $129.2 million or $.28 per common share on amore...
    English
  • 3/2/00 7:00 am EST

    Sequential Quarterly Revenue Growth of 80 Percent Driven By Repeat
    Customer Purchases; Significantly Increases Customer Acquisition Efforts

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples.com, Staples Inc.'s (NASDAQ:SPLS) electronic marketplace that provides office supplies, services, content and community over the Internet, reported sales of $43.1 million for the fourth quarter, which ended January 29, an increase of 80 percent from the $24 million reported for the third quarter of 1999 and a 453 percent increase from the $7.8 million reported for the fourth quarter of 1998. For fiscal year 1999, Staples.com reportedmore...
    English
  • 3/2/00 7:00 am EST

    North American Same-Store-Sales Grow 10 Percent For The Quarter And The
    Year

    Revenue Rises 25 Percent For The Quarter, 24 Percent For The Year

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS), the pioneer of the office superstore industry, today announced that its Retail and Delivery business earned net income of $331.3 million or $.70 per common share on a diluted basis for the year ended January 29, compared with $240.7 million or $.53 per common share earned on a diluted basis for the prior year. In the fourth quarter of 1999, the company earned net income of $129.2 million or $.28 per common share on amore...
    English
  • 2/29/00 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples.com today announced it has been awarded the "Golden Paperclip" by OfficeSolutions magazine for the best e-commerce site for office supplies. Staples-owned Quillcorp.com placed third in the listing, surpassing all other traditional office suppliers. Receiving the highest rating of four golden paperclips, Staples.com was described as "a winning combination of excellent site design, competitive pricing, and a liberal return policymore...
    English
  • 2/18/00 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced that it filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of Staples.com common stock, which is a class of its common stock intended to reflect the performance of Staples.com, the e-commerce business of Staples. The offering size and price range of the offering have not yet been determined. The offering is subject to marketmore...
    English
  • 2/8/00 7:00 am EST

    ...Agreement Puts the Power of Competitive Purchasing in the Hands of
    Millions of Staples.com Customers...

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples.com today announced it has made a 10 percent investment in BizBuyer.com and formed a strategic alliance with the company to deliver the power of BizBuyer.com's quote request service to millions of Staples.com business customers. The companies will create an e-marketplace on Staples.com where customers can quickly and easily buy and sell business products and services using BizBuyer's buyer-driven quote request service. "more...
    English

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