Staples Business Plan

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CEO Ron Stargent stated that this purchase would "[enable] Staples to provide more value to customers, and more effectively compete in a rapidly evolving competitive environment", and would result in at least

CEO Ron Stargent stated that this purchase would "[enable] Staples to provide more value to customers, and more effectively compete in a rapidly evolving competitive environment", and would result in at least $1 billion in "cost synergies" within three years.

The company opened its first store in Brighton, Massachusetts on May 1, 1986.

It is primarily involved in the sale of office supplies and related products, via retail channels and business-to-business (B2B)-oriented delivery operations.

A frustration with the reliance on small stores for critical supplies combined with Stemberg's background in the grocery business led to a vision for an office supply superstore.

The first store was opened in the Brighton neighborhood of Boston in 1986.

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CEO Ron Stargent stated that this purchase would "[enable] Staples to provide more value to customers, and more effectively compete in a rapidly evolving competitive environment", and would result in at least $1 billion in "cost synergies" within three years. The company opened its first store in Brighton, Massachusetts on May 1, 1986. It is primarily involved in the sale of office supplies and related products, via retail channels and business-to-business (B2B)-oriented delivery operations.A frustration with the reliance on small stores for critical supplies combined with Stemberg's background in the grocery business led to a vision for an office supply superstore.The first store was opened in the Brighton neighborhood of Boston in 1986.The first store opened in Vaughan, Ontario, north of Toronto.The following year, Staples began expanding into Europe, and opened its first British store in Swansea.That month, Staples also unveiled a new logo, which features an icon representing both an unused staple and an office desk.The company also announced that it would introduce a new line of store brands, including Tru Red, Coastwide Professional (facility supplies), NXT Technologies (technology accessories), Perk (office break room supplies), and Union & Scale (furniture), as well as a new catalog known as The Loop.In 2015, Staples announced its intent to acquire Office Depot and Office Max.However, the purchase was blocked under antitrust grounds due to the consolidation that would result.

billion in "cost synergies" within three years.

The company opened its first store in Brighton, Massachusetts on May 1, 1986.

It is primarily involved in the sale of office supplies and related products, via retail channels and business-to-business (B2B)-oriented delivery operations.

A frustration with the reliance on small stores for critical supplies combined with Stemberg's background in the grocery business led to a vision for an office supply superstore.

The first store was opened in the Brighton neighborhood of Boston in 1986.

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