Staples Launches Teacher Appreciation Days

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.

Sycamore Partners To Acquire Staples

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.

Staples Names Bottomley Chief Marketing Officer

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.

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Staples Falls Short In Q4

For the fourth quarter ended January 28, Staples posted a loss from continuing operations of $615 million, or 94 cents per share, versus a net income from continuing operations of $130 million, or 20 cents per share, in the period a year earlier.

Staples Sells European Business

Staples, Inc. and Cerberus Capital Management have entered into an agreement in relation to the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate.

Staples Upgrades Easy Button Pilot

The Staples Easy System pilot program has reached a new stage with the introduction of a new cognitive-enabled Easy Button office supply reordering system that integrates IBM’s Watson technology to simplify office supply management.

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