Sycamore Partners Completes Staples’ Acquisition, No Longer a Public Company
International office-supply chain store Staples, which is based in Framingham, Massachusetts, reported today that private-equity firm Sycamore Partners has completed...
Category: Office Superstores
Private-Equity Firm Sycamore Partners to Acquire Staples for $6.9 Billion
Office-supplies chain Staples reported yesterday that Sycamore Partners, a private-equity firm, will acquire Staples for approximately $6.9 billion. Under the...
Office Depot to Sell Business in China as it Focuses on North American Operations
On June 2nd, Office Depot, which is headquartered in Boca Raton, Florida, announced that it had reached an agreement to...
Staples to Close 70 Stores in U.S. and Canada as it Focuses on ‘Business Services’
Fortune reports that office-supply store Staples said last week that it will close another 70 stores in North America “amid sharp...
Staples Sells European Business to Cerberus Capital
Staples reports that it’s completed its sale to Cerberus Capital Management Staples will retain a 15 percent equity interest in...
Office Depot Appoints Lenovo Executive Smith as New CEO
Florida-based office-supply superstore chain Office Depot reports that its Gerry P. Smith, a long-time senior executive at PC-maker Lenovo, as...
Xerox Rolls Out Self-Serve Copier/MFPs at Staples
Last week, Xerox announced a new partnership with Electronics for Imaging (EFI) and Staples under which it’s introduced self-serve kiosk...
Staples’ New Owner Hilco to Shutter Staples’ Stores in U.K.
According to the BBC, the U.S. owner of Staples has sold Staples’ U.K. arm, which employs some 1,100 people in...
Taylor Completes Acquisition of Staples Print Solutions; Staples to Shutter More Stores in North America
On July 5th, Taylor Communications reported that it’s completed its acquisition of Staples Print Solutions, a division of Staples, Inc....
The Week in Imaging: Memjet, HP Call Truce; ‘Large Format’ Versus ‘Wide Format’?
There was lots of industry news this week, with the breakdown by topic roughly as follows: inkjet: 3 articles (HP...
Staples Reportedly Considering Leaving U.K. after Failed Office Depot Merger
The U.K.’s The Telegraph reports that office-supplies superstore Staples is considering pulling out of the U.K. market, which has 107 Staples...
Staples Launches ‘Staples Rush’ Same-Day Delivery Service
Staples, Inc. reports that it’s launching “Staples Rush,” a same-day delivery service to customers in select major metropolitan areas across...
Walmart’s Sam’s Club Set to Launch Office-Supplies Delivery Pilot Program
While the proposed Staples-Office Depot merger has been called off, the office-supplies business may have a new competitor, reports TheStreet,...
Staples, Office Depot Call Off Merger in Wake of U.S. District Court Ruling
Retail office-supply superstores Staples and Office Depot reports that they’ll end their plans to merge following the U.S. District...
Amazon Considering Expanding its Office-Supply Business with Office Depot Deal
The New York Post reports that Amazon may be expanding its footprint in the office-supplies business, as it’s said to...
Office Depot to Close 50 More Stores in the U.S.
According to Office Depot’s latest annual report, it will close about 50 stores in the United States this year. Last...
