Staples started specifically when its founder needed a printer ribbon on a Saturday, and understood that entrepreneurs' needs were not satisfied in this realm. read more
Additionally, Staples Canada has nothing to do with Staples in the United States purchasing Office Depot. From what I can say about the meetings and internal discussion regarding company operations and the fight to stay on top of competition, I believe the merger was carried out to strengthen Staples retail presence and further build our online shopping availability. read more
Staples sells office supplies, office machines, promotional products, technology, and business services both in stores and online. The company opened its first store in Brighton, Massachusetts on May 1, 1986. read more
Office Depot said it had closed 349 stores in 2014 and 2015, and had identified “at least” 400 retail stores for closing through 2016. Sales fell 10 percent last year, to $14.5 billion. Shares in Staples fell 10 percent in after-hours trading, to $9.31, while Office Depot tumbled 26 percent, to $4.49. read more