Staples and Essendant have extended the expiration time of their previously announced tender offer, the companies have announced.
Essendant, a distributor of workplace items with 2017 net sales of $5 billion, has accepted an acquisition bid from Staples.
As summer rolls on, Staples is introducing the company’s 2018 back-to-school collection, which it describes as an extensive assortment of national name brand and exclusive products at affordable prices available in stores across the U.S. and online.
Staples has acquired HiTouch Business Services, one of the largest independent office products dealers in the U.S.
Staples has expanded its electronics recycling program and will now accept both single-serve and traditional coffee brewers for free recycling in stores.
Staples has named J. Alexander (Sandy) Douglas as chief executive officer, effective April 2. Douglas will succeed Shira Goodman as CEO.
Staples has been recognized as a Corporate Social Responsibility winner at the 2017 S&P Global Platts Global Energy Awards.
Sycamore Partners has completed its acquisition of Staples, Inc.
With its acquisition by a private equity firm pending, Staples’ comps slipped in the second quarter, although the office superstore did post a profit.
The merger between office superstore retailers Staples and Office Depot may still have life.
Staples has rolled out a robotic material handling solution for its fulfillment centers powered by Great Star Industrial USA.
This back to school season, Staples is honoring educators with Teacher Appreciation Days, an event that includes a 10% discount to help teachers save money and stock their classrooms with the essentials necessary for the new school year.
Staples and private equity firm Sycamore Partners have entered into a merger agreement in which investment funds managed by Sycamore will acquire the office superstore in a transaction valued at approximately $6.9 billion.
Some 13 months after Staples’ effort to acquire Office Depot was quashed by a Federal judge, the Massachusetts-based office superstore may soon have a new owner.
Design house DwellStudio has partnered with Staples on a new office collection.
Staples has rejected a possible takeover bid from one investment firm, but a second from a different firm appears to still be alive.
Staples has named Michelle Bottomley its new chief marketing officer. In this role, she will be responsible for marketing across the office superstore chain, helping to promote the company’s pivot to focusing on its North American delivery business.
Staples saw its North American retail comps decline in a mixed first quarter.
Staples is launching a new brand campaign that features the tagline, “Staples– It’s Pro Time.”
Staples has earned a 2017 Energy Star Partner of the Year as a Sustained Excellence Award in the energy management category for continued leadership in protecting the environment through superior energy efficiency achievements.