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Staples Inc.

Staples beats estimates, will close 140 stores

Although second-quarter sales declined 2 percent over 2013, Staples beat analysts' expectations with earnings of 13 cents per share, the Framingham-based office supplies retailer announced Wednesday.

Staples looks for a lift from ‘Connect’

Staples has been in desperate need of a shot in the arm.Its profits tumbled 43 percent in...

Staples closes deal for Canadian firm

Staples has completed its acquisition of a Canadian digital media firm that the Framingham-based office supplies retailer said would broaden its online offerings and functionality for its business customers. In a statement, Staples said it acquired all shares of PNI Digital Media of Vancouver for $1.70 (Canadian) per share ($1.58 US). Staples said PNI's stock will be delisted from the Toronto Stock Exchange and the OTC QB marketplace later this week.

Teachers union to boycott Staples

The union representing Massachusetts public school teachers announced a boycott of Framingham-based Staples on Monday to protest the opening of U.S. Postal Service retail centers inside company stores.
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Staples opens development center to boost web sales

As its executive team faces shareholder challenges, Framingham-based retailer Staples today announced the opening of a development center in downtown Seattle.

Staples investors reject exec. pay plan, call for leadership change

Shareholders at Staples voiced their displeasure with a new executive pay package Monday and called for an independent board chairman.

Staples profits down 43% as 16 stores close

Profit fell 43 percent at Staples in its first quarter as the Framingham-based office supply retailer struggles to complete with e-retailers.

Staples launches expanded product mix

Framingham-based retailer Staples has debuted eight new product categories in its Dallas-area retail outlets, with a projected rollout to more than 1,000 stores across the U.S. and hundreds more in Canada.
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Fitch downgrades Staples

Chicago-based Fitch Ratings has downgraded its assessment of Framingham-based Staples due to a reported decline of core office supply sales and weak business technology product sales.

Staples buys Canadian firm for $67M

Office supplies retailer Staples of Framingham said it will buy a Canadian digital media firm that helps retailers. The purchase price for PNI Digital Media of Vancouver, British Columbia is estimated at about $67.2 million.
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