Sycamore Partners to acquire Staples, Inc. for an equity value of approximately $6.9 billion

FRAMINGHAM, Mass. & NEW YORK, 2017-Jul-04 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS or the “Company”) and Sycamore Partners, a leading private equity firm, today (June 29, 2017) announced that they have entered into a merger agreement in which investment funds managed by Sycamore Partners will acquire the Company in a transaction that […]

Staples, Inc. announces the appointment of Michelle Bottomley as Chief Marketing Officer

Staples, Inc. announces the appointment of Michelle Bottomley as Chief Marketing Officer   FRAMINGHAM, Mass., 2017-May-29 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) today (May 25, 2017) announced that Michelle Bottomley has been appointed Chief Marketing Officer (CMO). In this role, Bottomley will be responsible for marketing across Staples, helping to promote the company’s […]

Staples, Inc. completes sale of controlling interest in its European operations to a Cerberus Capital Management affiliate

FRAMINGHAM, Mass. & NEW YORK, 2017-Feb-28 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS) and Cerberus Capital Management, L.P. (“Cerberus”) today announced the completion of the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate.Staples, Inc. will retain a 15 percent equity interest in the business, which has been separated into […]

Staples announces the appointment of Jeff Hall as Chief Administrative Officer and Vice Chairman

FRAMINGHAM, Mass., 2017-Jan-07 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) today (Jan. 5, 2017) announced that it has appointed Jeff Hall to the newly created role of Chief Administrative Officer (CAO) and Vice Chairman. In this new role, Hall will oversee Finance, Strategic Planning, Corporate Development, Investor Relations, Real Estate, Customer Service and […]

Cerberus Capital Management, L.P. acquires controlling interest in Staples’ European operations

FRAMINGHAM, Mass. & NEW YORK, 2016-Dec-09 — /EPR Retail News/ — Staples, Inc. (NASDAQ:SPLS) and Cerberus Capital Management, L.P. (Cerberus) announced today (Dec. 7, 2016) that Staples and Cerberus have entered into an agreement in relation to the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate. Staples’ European business consists of […]

Staples, Inc. to sell its UK retail business and operations to Hilco Capital Limited

FRAMINGHAM, Mass. & LONDON, 2016-Nov-18 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS) and Hilco Capital Limited (Hilco), today (Nov. 17, 2016) announced that they have reached an agreement for Staples to sell its UK retail business and operations to Hilco for nominal proceeds. In May, Staples announced plans to explore strategic alternatives for its […]

Staples announces the appointment of Shira Goodman as its President and CEO

FRAMINGHAM, Mass, 2016-Sep-27 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) today (Sep. 26, 2016) announced the appointment of Shira Goodman as its President and Chief Executive Officer and as a member of its Board of Directors, effective immediately. “After a comprehensive search process that included the evaluation of several qualified candidates for the position […]

ICIC and Staples presented Caduceus a healthcare staffing and consulting firm with Business Growth Award

ATLANTA, 2016-Sep-27 — /EPR Retail News/ — The Initiative for a Competitive Inner City (ICIC) and FORTUNE announced September 14 that Atlanta based Caduceus, a healthcare staffing and consulting firm, topped the 2016 Inner City 100 list of the fastest-growing inner city businesses in the U.S. Caduceus was recognized by longtime ICIC partner Staples, Inc. for […]

Staples, Inc. announces leadership changes

FRAMINGHAM, MA, 2016-Jan-28 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) today announced leadership changes as it creates a more efficient, focused organization. “We are streamlining the organization and building a simplified structure that will speed decision-making and enable us to focus on driving profitable growth,” said Ron Sargent, Chairman and Chief Executive Officer. “These […]