Staples’ 2nd Quarter Profit Falls 16%
September 3rd, 2008
The Framingham, Massachusetts-based office supply retailer was hurt by slowing sales in the U.S. AP via The New York Times (Sept. 3, 2008)
The Framingham, Massachusetts-based office supply retailer was hurt by slowing sales in the U.S. AP via The New York Times (Sept. 3, 2008)
Netherlands-based Corporate Express NV has agreed to be acquired by Staples Inc. for $2.7 billion, ending four-month-long courtship. The acquisition will diversify Staples’ core retail sales business by adding Corporate Express’s more profitable delivery service agreements with mostly large corporate customers. After the acquisition, Staples will generate more than $27 billion in annual revenue — [...]