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Staples's logo from 1988 to 2019. Staples Inc. is an American office supply retail company headquartered in Framingham, Massachusetts. Founded by Leo Kahn and Thomas G. Stemberg, the company opened its first store in Brighton, Massachusetts on May 1, 1986. [5]
Staples Business Advantage is the contract division of Staples Inc., providing a membership program for office products, technology products, facilities supplies and breakroom supplies to businesses and institutions. Established in 1993 as Staples Contract and Commercial, the division was rebranded as Staples National Advantage and Staples ...
Quill headquarters. Quill Corporation is an American office supply retailer, founded in 1956, and headquartered in Lincolnshire, Illinois.A wholly owned subsidiary of Staples, Quill serves more than one million small and mid-sized U.S. business customers, [1] with access to over one million assorted products.
In 2008, Staples acquired Corporate Express. [10] In February 2015, Staples announced its intent to acquire Office Depot (which had also recently merged with Grand & Toy owner OfficeMax ); on December 7, 2015, both the Competition Bureau and the U.S. Federal Trade Commission announced that they would move to block the merger under antitrust ...
The global office supplies market, valued at USD 151.46 billion in 2022, is projected to witness a 2.1% compound annual growth rate (CAGR) from 2023 to 2030. [3] The industry's expansion is attributed to the flourishing global services sector and increased product consumption in education.
He started his career with the Jewel Company's Star Markets where he became the vice president for the company's sales and merchandising division. [10]In 1986, Stemberg started Staples with backing from private equity firms, including Hambro International Ventures, Harvard Management, Bessemer Ventures, Adler & Company, and Bain Capital; [11] Bain co-founder Mitt Romney served on the company's ...
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Here's how Staples is evolving to become a travel brand in addition to being an office supply store.
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