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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]
The Corporate Express board rejected the offer, saying that the price undervalued the company. [10] In a move widely seen as an attempt to stave off interest from Staples, the president announced a planned €1.4 billion takeover of French rival Lyreco on 21 May, [11] only for Staples to make an increased offer of €9.15 per share on 3 June. [12]
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.
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Staples Canada ULC, operating as Staples (Bureau en Gros in Quebec), [1] is a Canadian retail sales company owned by Sycamore Partners. [2] Staples was founded by Leo Kahn [3] and Thomas G. Stemberg. [4] Since 2017, Staples Canada has operated independently from Staples' U.S. retail and U.S. business-to-business (B2B) operations. [5]
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Sargent joined Staples in 1989. In 1991, Sargent become head of the Staples catalog division, and in 1997 he became head of North American operations. In 2002, Sargent became the CEO of Staples. [5] On May 31, 2016, Ron Sargent announced that he would step down as CEO of Staples after the company's annual shareholder meeting on June 14, 2016.
The U.S. economy is expected to find further support from any potential tax reform, including a reduction in the corporate tax rate. Such tax cuts - which would need to pass Congress - could ...