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STAPLES INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2017 10-Q, filed Aug 24, 2017. Its latest SEC filing is a SC TO-C from Nov 8, 2021.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Sells office supplies, business technology products, and print and marketing services to businesses, home offices, and consumers.

Who Were Their Customers?

Businesses of different sizes buy through contract sales; small businesses, home offices, and consumers can order through websites or shop in stores. In Australia and New Zealand, Staples serves contract and government customers.

How Were They Changing?

Since the FY2016 annual report
Latest quarter: Q2 FY2017, the three months to Jul 29, 2017
Revenue
▼ −3%
vs $4B in Q2 FY2016
Net income
▲ Now profitable
vs −$766M in Q2 FY2016
  • Sep 12, 2017 Staples merger closed and Nasdaq delisting began Each share was converted into a right to receive cash, and the company requested Nasdaq delisting.

Geographic focus The earlier report described operations across Europe, Australia, South America and Asia; the latest says it is narrowing its focus to North America and records the sale of its United Kingdom retail business and a controlling interest in its remaining European operations.

Who Did They Compete With?

Competes with Amazon.com, Walmart, Target, Costco, Best Buy, Apple, and FedEx Office

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