In 2015, Staples Inc announced its intent to acquire Office Depot and OfficeMax.
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32 Facts About Staples Inc
2.
In 2017, after its sale to Sycamore Partners, the company was effectively split into three "independently managed and capitalized" entities sharing the Staples name, separating its U S retail operations, and Canadian retail operations, from the B2B business.
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3.
Idea for Staples Inc originated in 1985, while Stemberg was working on a proposal for a different business.
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4.
Staples Inc needed a ribbon for his printer, but was unable to obtain one because his local dealer was closed for the Independence Day holiday.
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5.
In 1991, Staples Inc founded its Canadian subsidiary, The Business Depot, and began opening stores under that name, though over a decade later, all stores were renamed as "Staples Inc".
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7.
Staples Inc argued that chains such as Walmart and Circuit City represented significant competition, but this argument did little to sway the FTC.
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8.
Staples Inc acquired the naming rights for the Staples Inc Center in Los Angeles shortly before construction began in 1998.
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9.
Staples Inc acquired Quill Corporation, an online and catalog retailer of office supplies, for about $685 million in cash and stock.
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10.
Between 1999 and 2001, unsuccessful attempts to enter the telecommunications business were made as Staples Inc created Staples Inc Communications after the purchase of Canada-based company, Claricom, from an investment group.
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12.
In 2002, Staples Inc acquired Medical Arts Press, which became a subsidiary of Quill.
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13.
In 2008, Staples Inc acquired Dutch office supplies company Corporate Express, one of the largest office supply wholesalers in the world.
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14.
Staples Inc launched 11 concept stores in the New England area featuring a large focus on small business and technology related services.
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15.
On March 6, 2014, Staples Inc announced it would close up to 225 stores in North America by the end of 2015, in order to cut $500 million in costs annually, and focus more on e-commerce.
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16.
On February 4, 2015, Staples Inc announced a plan to acquire Office Depot, which itself had recently acquired OfficeMax in a bid to compete against Staples Inc.
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17.
CEO Ron Sargent stated that this purchase would "[enable] Staples Inc to provide more value to customers, and more effectively compete in a rapidly evolving competitive environment", and would result in at least $1 billion in "cost synergies" within three years.
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18.
In November 2016, it was announced that Staples Inc had sold its 106 British stores to Hilco Capital for a "nominal" amount, as part of an effort to streamline its international operations following the failed merger.
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19.
In January 2021, Staples Inc announced that it will again try to buy Office Depot.
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20.
In 2022, Staples Inc launched same-day passport photo services in over 1, 000 stores and TSA PreCheck enrollment at select locations.
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21.
That month, Staples Inc unveiled a new logo, which features an icon representing both an unused staple and an office desk.
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22.
Staples Inc responded by making the "Easy Button" a real product.
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23.
Staples Inc Sno-Bot was an advertising character that appeared in the United States, in television and print advertising during the Christmas seasons from 1995 until 2001.
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24.
Staples Inc's finally says, "I thought you said, 'School's out forever.
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25.
Staples Inc created a character named "Coach Tom" to promote its "Gift it for Free" sweepstakes, in which 10, 000 Staples customers won up to $5, 000 in merchandise.
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27.
In 2006, Staples offered more than 2, 900 different office products incorporating recycled content.
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28.
Staples Inc is currently trying to pursue developing Staples Inc brand products with green raw materials.
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29.
In November 2014, Staples Inc partnered with EnergySage to give Staples Inc giftcards to homeowners and businesses that installed solar panels.
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30.
Staples Inc accepts all used ink and toner cartridges for recycling.
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31.
On December 19, 2014, Staples Inc reported that criminals had deployed malware to point-of-sale systems at 115 of their retail stores in the United States.
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32.
Staples Inc partnered with an on demand IT service provider, with such services as network monitoring, advanced network configurations, and server setup.
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