Staples
October 14, 2015 at 11:05 am
The board of Staples Inc. has adopted a new policy that limits severance benefits for senior executives. Going forward, the company won’t pay severance benefits — under any existing or future employment or severance agreement — that exceed 2.99 times the sum of a senior officer’s base salary plus target annual cash incentive award, without seeking…
October 2, 2015 at 10:51 am
Staples is taking a stance against a growing holiday shopping trend and will be closed on Thanksgiving this year, the company said Thursday. The retailer has been open on Thanksgiving the past two years, but this year it says customers and employees should have the chance to stay home with family and friends. Instead, Staples will…
September 28, 2015 at 10:59 am
The $6.3 billion merger between the top two office supply chains has hit yet another bump: the European Union opened an “extensive” investigation into the would-be union of Staples and rival Office Depot. Reuters reports that EU antitrust regulators are probing the possibilities of price hikes should the two chains walk down the aisle. The EU said…
September 11, 2015 at 11:11 am
3-D printers will be coming to your local Staples — or rather, available on Staples’ website. Small businesses and customers will now be able to upload designs for order. According to a press release issued by the office supply chain, customers who want to use its 3-D printing service must make an account, where they can…
September 9, 2015 at 11:15 am
The Federal Trade Commission (FTC) is stepping up its probe of Staples Inc.’s takeover of rival Office Depot Inc., seeking sworn legal declarations that could be used if antitrust enforcers decide to challenge the deal, according to people contacted by the agency. The requests for sworn statements from other market participants about the deal’s impact on the…
August 25, 2015 at 11:39 am
U.S. antitrust officials examining Staples Inc.’s planned takeover of Office Depot Inc. are zeroing in on the sale of office supplies to large corporate customers, according to three people familiar with the matter. While consumers can pick up paper and pens anywhere, there are fewer suppliers that can serve companies that buy products in large quantities…
August 10, 2015 at 4:19 pm
Office supplies retailer Staples announced last month that it relaunched its two digital properties — Staples.com and StaplesAdvantage.com (B-to-B site). The newly redesigned sites promise that product searches will be streamlined from any computer or mobile device, making it even easier to find the products and services that consumers and businesses are looking for. In…
July 7, 2015 at 2:55 pm
Whether you find postal counters at retail chain stores to be convenient or ill-conceived, it's not a sure thing they will continue. A judge found last year that the USPS violated the National Labor Relations Act by withholding certain information from the American Postal Workers Union. The Union requested the information in connection with bargaining…
June 19, 2015 at 3:45 pm
Office Depot Inc. said its shareholders voted overwhelmingly in favor of the $6.3 billion buyout offer from larger rival Staples Inc., in a deal that would combine the two largest U.S. office suppliers. Office Depot said 99.5 percent of the votes cast were in favor of the deal at a shareholder meeting on Friday. The…
May 1, 2015
LD Product, an online retailer of ink and toner cartridges, needed help growing awareness and sales of its office supply products, a new category for the company.
