Office & Desk

Staples Indicates Possibility of Sale
April 5, 2017 at 2:53 pm

After the failed merger attempt with Office Depot, which subsequently caused former CEO Ron Sargent to leave the company, Staples has indicated that it will explore a sale. According to the Boston Globe, the Farmingdale, Massachusetts-based office supply giant reportedly is in preliminary talks with private-equity firms to discuss a sale. Sources close to the…

Staples Announces Second Quarter Performance, Growth in Promotional Products Sales
August 18, 2016 at 5:36 pm

Staples, Framingham, Mass., announced the results for its second quarter ending July 30. The company's total sales reached $4.8 billion, which is a decrease of four percent compared with the same period last year, but saw growth in sales of facilities supplies, promotional products and break room supplies. Staples experienced a major shakeup following the…

Promo Marketing Announces 2016 Supplier Excellence Awards, Part Two
July 19, 2016 at 2:42 pm

Promo Marketing, the Philadelphia-based source of product and marketing information for distributor sales professionals, is pleased to announce the second installment of its 2016 Supplier Excellence Awards. For the first installment of winners, check here. The annual Supplier Excellence Awards give distributors the ability to vote for their favorite suppliers in more than 40 hard goods and apparel…

Wal-Mart to Launch Office Supply Delivery Service
June 6, 2016 at 3:28 pm

Recently, Wal-Mart joined forces with Uber and Lyft to deliver groceries. Now, the retail giant is piloting an office supply delivery service for Wal-mart-owned wholesaler Sam's Club, according to TheStreet.com. "We will soon be piloting the delivery of office supplies,"…

Staples CEO to Step Down
June 3, 2016 at 5:31 pm

Staples, Framingham, Mass., announced on Tuesday that the board of directors and CEO Ron Sargent mutually have agreed that Sargent will step down from his position after the company's Annual Meeting of Shareholders on June 14. Shira Goodman, president of North American Operations, will become interim CEO. This news comes shortly after a federal judge…

Staples Releases Performance for 2016's First Quarter
May 24, 2016 at 4:14 pm

Staples sales declined in a quarter in which the company announced the sale of Staples Print Solutions and awaited the Federal Trade Commission's decision on its proposed acquisition of Office Depot...

Staples-Office Depot Merger Blocked by Federal Judge
May 12, 2016 at 6:00 pm

After a lengthy battle in court, a federal judge blocked the merger of Staples and Office Depot on Tuesday, forcing the two companies to abandon their merger, Bloomberg reported. U.S. District Judge Emmet Sullivan sided with U.S. antitrust officials, agreeing that the combination of the two companies would affect competition in the marketplace. In January,…

Bankers Pen Acquires Gotham Pen & Pencil
May 11, 2016 at 5:57 pm

Bankers Pen, Garfield, N.J., announced that it has finalized its purchase of Gotham Pen & Pencil, Bronx, N.Y. The initial transaction took place in January, and shortly after acquiring Gotham Pen & Pencil, Bankers Pen began integrating its products and operations. "We have spent the past three months integrating the operations of Gotham into our…

Staples-Office Depot Merger Hearing Reaches Stalemate
April 6, 2016 at 4:04 pm

The saga regarding the merger between Framingham, Massachusetts-based Staples and Boca Raton, Florida-based Office Depot will continue, after a court hearing ended yesterday with no ruling. The merger, which the Federal Trade Commission (FTC) opposes, has been in the works for some time. In January, we reported that Staples and Office Depot waived the merger-agreement…

New Scribble Pen Replicates Any Color with Scanner
March 1, 2016 at 4:50 pm

For those of you who answer the question, "What's your favorite color?" with "rainbow," there may finally be the perfect pen for you. The Scribble Pen uses a special ink cartridge and scanner to replicate any color with both a ballpoint pen tip and stylus tip for tablets. According to Mashable, the Scribble Pen allows…