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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 ]
Leo Kahn (December 31, 1916 – May 11, 2011) was an American reporter and businessman. He is credited as the co-founder of Staples Inc. [1] [2] Kahn is also considered a pioneer of the natural and health food supermarket industry, founding the Fresh Fields and Nature's Heartland chains, which are now part of Whole Foods Market.
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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 ...
The pair researched whether Staples should have a delivery business and Goodman eventually left Bain for Staples. [5] Goodman joined Staples in 1992. [5] Goodman was the first director of Marketing and Merchandising for the catalog business. At the time, Staples was just a small $30 million business unit. [6]
Myra M. Hart was a founding member of Staples Inc. She graduated from Cornell University with a B.A. in 1962 and an MBA from Harvard in 1981. She obtained a DBA from Harvard University in 1995. She was Professor of Entrepreneurship at Harvard Business School from 1995-2007.
Parneros joined Staples in 1987 as general manager of its first store in New York City and worked in the company's human resources, marketing, merchandising and store operations divisions. [5] In 2002, Parneros was appointed president of the company's U.S. Superstores and responsibility for over 1,000 locations. [ 6 ]
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