Staples was founded by Leo Kahn and Thomas G.
1.1 Attempted merger with Office Depot, sale of UK division.retail operations, and Canadian retail operations, from the B2B business. In 2017, after its sale to Sycamore Partners, the company was effectively split into three "independently managed and capitalized" entities sharing the Staples name, separating its U.S. However, the purchase was blocked under antitrust grounds due to the consolidation that would result.Īfter the failed acquisition, Staples began to refocus its operations to downplay its brick-and-mortar outlets, and place more prominence on its B2B supply business. In 2015, Staples announced its intent to acquire Office Depot and OfficeMax. In 2014, in the wake of increasing competition from e-commerce market, Staples began to close some of its locations. By 1996, it had reached the Fortune 500, and it later acquired the office supplies company Quill Corporation. The company opened its first store in Brighton, Massachusetts on May 1, 1986. At some locations, Staples also offers a copy and print service.
It is primarily involved in the sale of office supplies and related products, via retail channels and business-to-business (B2B)-oriented delivery operations. Staples logo used from 1986 until 2019, though it remains at many locations and as part of Staples Center arena signage.
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