Profile: Staples Inc (SPLS.O)
26 May 2017
Staples, Inc. (Staples), incorporated on January 23, 1986, is a provider of products and services that serve the needs of business customers and consumers. The Company offers a range of print and marketing and technology services. The Company's segments include North American Delivery, North American Retail and Other.
North American Delivery
The Company's North American Delivery segment consists of the United States and Canadian businesses, including Staples Business Advantage, staples.com, staples.ca, and quill.com, that sell and deliver products and services primarily to businesses. Staples Business Advantage, its North American contract business, focuses on serving the needs of mid-market businesses and organizations. It offers full service account management, free delivery, customized pricing and payment terms, usage reporting, the stocking of certain items and a range of products and services. Staples.com and staples.ca are designed to reach a range of customers, including small businesses, home offices and consumers, offering next business day delivery for various orders in various markets. Quill.com uses a targeted approach to serve the needs of small and mid-sized businesses in the United States. Quill.com also offers an assortment of office supplies and products for healthcare professionals.
North American Retail
The Company's North American Retail segment includes its retail stores in the United States and Canada. The Company operates a portfolio of retail store formats depending on various characteristics of each location. As of January 28, 2017, its North American Retail segment consisted of 1,255 stores in the United States and 304 stores in Canada.
The Company has other businesses in Australia, South America and Asia. Staples Australia serves primarily contract and government customers in Australia and New Zealand. The Company also has operations in China, Argentina, Taiwan and Brazil.
The Company competes with Walmart, Target, Costco, Amazon.com, Best Buy, Apple and FedEx Office.
500 Staples Drive
P O Box 9328
FRAMINGHAM MA 1702
Company Web Links
- BRIEF-Hangzhou Great Star's unit signs robot service agreement with Staples' unit
- BRIEF-Staples rebuffs Cerberus offer; Sycamore still in the running - Bloomberg, citing sources
- BRIEF-Staples says it recorded a loss of $907 mln related to sale of controlling interest in European operations in Q1 2017
- BRIEF-Staples names Brett Wahlin as Chief Information Security Officer
- Exclusive: Cerberus, Sycamore Partners wrestle with Staples buyout