Business
Staples Inc. said Thursday it will acquire a phone services company, beef up its online sales operation and relocate several stores in an effort to better serve small businesses.
Dec. 18, 1998
Mergers: Panel says compromise pact wouldn’t resolve antitrust issues. Firms’ executives express shock.
April 5, 1997
Staples Inc. and Office Depot Inc. said Tuesday that they were scrapping their planned $6.3-billion merger after a federal judge blocked the deal, saying the government had made the case that the combination probably would hurt competition in office supplies.
May 10, 2016
Mergers: Agreement with rival OfficeMax follows the decision by regulators to challenge the $4-billion deal.
March 13, 1997
The Federal Trade Commission is considering a challenge to Staples Inc.’
Feb. 13, 1997
Staples Inc., the world’s largest office supplies retailer, said its fiscal first-quarter profit rose 27% on greater demand for the company’s branded products and increased sales to businesses.
May 18, 2005
Staples Inc.’
May 31, 1997
Staples Inc. postponed its June annual shareholders meeting to a yet-to-be determined date in August.
June 7, 2001
In what would become the first consolidation of major office products retailers, Staples Inc. said Wednesday it plans to acquire rival Office Depot through a $3.5-billion stock swap that would create a chain of more than 1,100 office supply stores worldwide.
Sept. 5, 1996
Retailing: Regulators say they’ll block the deal, contending that consumers would pay higher prices. Firms vow to fight the action.
March 11, 1997