Last $11.93 USD
Change Today -0.175 / -1.45%
Volume 5.2M
SPLS On Other Exchanges
As of 1:48 PM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

staples inc (SPLS) Snapshot

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11/1/13 - $16.67
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06/26/14 - $10.70
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staples inc (SPLS) Details

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products and services, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services to retail and delivery customers, as well as technology services through its EasyTech business. The company sells and delivers office products and services directly to businesses and consumers through its and Websites, as well as through retail stores, contract sales force, and direct mail catalog business. As of March 7, 2014, it operated approximately 2,200 stores worldwide. The company also operated 116 distribution and fulfillment centers in 30 states in the United States; 7 provinces in Canada; and in Austria, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, the United Kingdom, China, Argentina, Brazil, and Australia. Staples, Inc. was founded in 1985 and is based in Framingham, Massachusetts.

46,361 Employees
Last Reported Date: 03/6/14
Founded in 1985

staples inc (SPLS) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.5M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $567.5K
President of Europe
Total Annual Compensation: $1.1M
President of North American Stores & Online
Total Annual Compensation: $742.2K
Vice Chairman
Total Annual Compensation: $742.2K
Compensation as of Fiscal Year 2013.

staples inc (SPLS) Key Developments

Staples to Exit the Memphis Market with Closure of Two Stores

Staples will close its 18,000-square-foot stores at 5851 Poplar Ave., located in Target-anchored Ridgeway Trace Center at the Interstate 240/Poplar Avenue interchange in Memphis, and 2321 N. Germantown Parkway in Cordova, on Oct. 11. Store employees confirmed the stores were closing. The company will still operate its distribution operation at 4575 Pleasant Hill. In March, Staples announced plans to close 225 stores nationwide to save $500 million. The Memphis-area store closures mean the nearest Staples will be in Tupelo.

Staples, Inc. Opens New Health and Fitness Centre at Global Corporate Headquarters in Framingham, Massachusetts

Staples Inc. announced that it has opened a new health and fitness centre at its global corporate headquarters in Framingham, Massachusetts. This opening is a latest in a series of updates to the campus, including going smoke-free, a new, healthier cafeteria and a redesigned, more open and collaborative floor plan, both designed by Business Interiors by Staples, as the company continues to reinvent both its business and culture. This new 9,500 square feet health and fitness centre is professionally staffed and managed by Plus One Health Management. Also, the smoke-free campus features an outdoor terrace and lawn area right outside of the fitness centre. The terrace abuts the corporate headquarters parking garage, which has a previously announced a 685 kilowatt solar power installation, as well as electric vehicle charging, a sign of Staples commitment to sustainability. The company said that it is investing in its asset, its associates, to make sure they have a world-class work environment and the resources they need to feel fit and energised.

Staples to Lay Off 68 Workers in Pembroke Park Delivery Facility

Staples notified 68 workers at a Pembroke Park delivery facility that their positions would be eliminated after the location closes. The employees are expected to stay with the company until Nov. 17, 2014, but some will volunteer to stay beyond the closure date to close down the store. The deadline for them to leave the company is officially Dec. 19, 2014. Most of the positions being eliminated are delivery service-related, with two service delivery administrators and two delivery managers losing their jobs and 61 delivery shift workers being laid off. The location's senior human resources generalist is also being laid off. Staples said it plans to shut down as many as 225 stores by the end of 2015, which would save the company $500 million annually.


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Price/Earnings 12.9x
Price/Sales 0.3x
Price/Book 1.3x
Price/Cash Flow 13.3x
TEV/Sales 0.3x

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