Office & Desk

Staples Has Laid Off More Than 200 Employees This Year
May 14, 2018 at 1:55 pm

After Shira Goldman stepped down from her position as CEO of Staples in January, the company has laid off hundreds of employees. The Framingham Source estimated that 200 employees have been laid off from Staples in the 2018 calendar year. The latest round of layoffs came last week, but the exact details are currently unknown.…

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February 27, 2018 at 10:37 am

After Shira Goldman stepped down from her position as CEO of Staples in January, the company has laid off hundreds of employees. The Framingham Source estimated that 200 employees have been laid off from Staples in the 2018 calendar year. The latest round of layoffs came last week, but the exact details are currently unknown. […]

Staples Finalizes Sale to Sycamore Partners
September 15, 2017 at 11:47 am

Sycamore Partners announced this week that it has completed the acquisition of Framingham, Massachusetts-based Staples. "We are pleased to have completed this transaction, and look forward to partnering with CEO Shira Goodman and the Staples management team as we seek to increase long-term profitability," Stefan Kaluzny, managing director of Sycamore Partners, told Street Insider. "With…

Kim Kardashian's 'Back to School' Items Are Super-Raunchy
September 5, 2017 at 2:22 pm

Kim Kardashian has never been one to shy away from conflict when it comes to her merchandise lines. Back in April, Kardashian was under scrutiny for selling weed-themed candles depicting her as the Virgin Mary. Weed-themed candles are one thing, but you wouldn't expect back-to-school items to be hotbeds of controversy, right? Right? Wrong. Critics…

These 4 Back-to-School Trends Are Heating Up
August 9, 2017 at 1:14 pm

While we cover our ears and hum Alice Cooper's "School's Out For Summer" every time a back-to-school commercial comes on the TV, there's no denying that September is almost here. And while we can't speak to the latest textbook volumes or which teachers give pop quizzes, we can tell you which fashion trends will be…

Did Staples' Board Sell Too Low? Multiple Law Firms Think So
July 19, 2017 at 2:16 pm

A little less than a month ago, Staples' board of directors unanimously approved a sale to Sycamore Partners for $6.9 billion, and the dust seemed to be settling on the whole situation. But, because we are apparently masters of foreshadowing, our last words on the subject were "The story of Staples could be far from…

Staples to Sell for $6.9 Billion (But Is the Saga Really Over?)
June 29, 2017 at 2:11 pm

Last week, we reported that Staples was close to finalizing a sale to Sycamore Partners, a private equity firm. It looks like the deal is just about set, with the company naming a $6.9 billion price tag—significantly higher than the original estimation of $6 billion. According to a press release, Staples' board of directors unanimously approved…

Staples Reportedly Close to Sale
June 23, 2017 at 1:03 pm

In May, Staples was in talks with a few private-equity firms over the possibility of a sale. As a result, Staples initially refused a takeover offer from Cerberus Capital Management, leaving only Sycamore Partners left in the race. Now, sources told Reuters that Staples is quickly approaching a deal with Sycamore worth an estimated $6…