Sycamore seeking substantial Staples payout

Sycamore seeking substantial Staples payout

The private equity firm is hoping to recoup around $1.6 billion (€1.41 billion) through a recapitalisation of Staples Inc., that will leave the supplier with around $1 billion (€884.1 million) of additional debt. According to Bloomberg, the recapitalisation would...
AIB voices Staples merger concerns

AIB voices Staples merger concerns

Members of the collective Advocates for Independent Business (AIB) have raised concerns about the merger between office supplier Staples and wholesaler Essendant, in comments submitted to the Federal Trade Commission (FTC). The AIB’s dissenting letter to the FTC...
Fire at Fort St. John Staples

Fire at Fort St. John Staples

The Fort St. John, British Columbia branch of the office suppliers retailer suffered an electrical fire earlier this month. The city fire department was called to the retailer, in the Totem Mall, following a “minor electrical fire,” according to Energetic city. The...
Staples reveals Workplace Survey results

Staples reveals Workplace Survey results

The office supplier has published the findings from its Workplace Survey 2019. Each year, Staples surveys employees and office decision-makers spanning various regions and industries to determine the trends defining workplace culture and how they’re evolving alongside...
FTC faces condemnation for Staples-Essendant merger

FTC faces condemnation for Staples-Essendant merger

The Federal Trade Commission (FTC) has been accused of “revolving door practices” by an anti-corruption group regarding its approval of Staples’ well-publicised merger with Essendant. As The Intercept reveals, one of the key figures in the merger, which threatens “to...