Office & Desk

Staples Acquires HiTouch Business Services, a Promotional Products and Office Supplies Company
July 9, 2018 at 12:39 pm

Staples announced that it acquired HiTouch Business Services, which, among other services, sells office supplies and promotional products to companies in the U.S. HiTouch will now be part of the Staples Business Advantage delivery program and will operate its e-commerce platform independently of Staples, but will maintain a status as a Staples-affiliated distributor...

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.…

Promo Marketing End-Buyer Catalog - Supplier Index
February 27, 2018 at 10:37 am

The news surrounding Staples has been less than stellar, with sizable layoffs that came after a failed merger with Office Depot and the loss of its CEO. But, in May, we hypothesized that while the news looked bad on the surface, the company could be turning things around and getting ready for a positive change. […]

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…