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Staples Business Advantage history
Staples Business Advantage company history timeline
During 1997 the company opened 128 new stores in North America, bringing its store total to more than 740.
1997: Merger with Office Depot is blocked on antitrust grounds.
Later in 1999 the company opened its 1,000th store worldwide, becoming the first office supplies superstore retailer to do so.
In the fall of 1999 Staples created a tracking stock for its Internet operations and began selling shares in the stock in private transactions.
Staples announced in January 2001 that it would take a $206 million writeoff related to various web investments. As a result, net income for fiscal 2000 totaled just $59.7 million, compared to $315 million for the previous year, although revenues increased 19 percent and surpassed the $10 billion plateau for the first time.
Staples announced in January 2001 that it would take a $206 million writeoff related to various web investments.
In February 2002 Sargent was promoted to president and CEO, while Stemberg remained chairman.
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Staples Business Advantage competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Jan Marini Skin Research | 1994 | $22.0M | 50 | - |
| PartsBase | 1996 | $8.5M | 210 | 7 |
| PC Connection | 1982 | $2.8B | 1,400 | - |
| Freedman's Office Furniture & Supplies | 1980 | $4.2M | 35 | - |
| Legend Seeds | 1990 | $190,000 | 10 | 7 |
| Tangram Interiors | 1963 | $6.4M | 50 | 30 |
| Netria | 2003 | $19.0M | 20 | - |
| Office Depot | 1986 | $7.0B | 38,000 | 1,045 |
| Office Furniture USA | - | $690,000 | 50 | - |
| Premio Computer Florida | - | $284.9K | 5 | - |
Staples Business Advantage history FAQs
Zippia gives an in-depth look into the details of Staples Business Advantage, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Staples Business Advantage. The employee data is based on information from people who have self-reported their past or current employments at Staples Business Advantage. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Staples Business Advantage. The data presented on this page does not represent the view of Staples Business Advantage and its employees or that of Zippia.
Staples Business Advantage may also be known as or be related to Staples Contract and Commercial Inc, Staples Contract and Commercial, Inc., Staples Advantage, STAPLES CONTRACT & COMMERCIAL INC and Staples Business Advantage.