Staples Inc. : Franchise Herald

Staples Inc.

Staples Inc.

FTC Challenges Proposed Merger of Staples And Office Depot, Claiming Move Would Harm Competition

The Federal Trade Commission (FTC) has announced in a press release that it has filed an administrative complaint against Staple, Inc.’s proposed $6.3 billion acquisition of Office Depot, Inc., citing reduced market competition.

Founder of Staples Thomas Stemberg Dies at 66, Was Battling Gastric Cancer

Thomas G. Stemberg, the man who co-founded Staples Inc. and invented the office superstore, died Friday, October 23, 2015, at his home in Chestnut Hill, according to a report from the Boston Globe. Stemberg, 66, was battling gastric cancer, which he was diagnosed with two years ago.

Staples to Close Stores on Thanksgiving Day, Will Feature Amazing Deals Online

Staples, Inc. will be closing its stores on Thanksgiving Day while offering amazing deals on Staples.com, allowing customers to still shop at the convenience of their own homes, according to a press release issued by Staples.

EU Begins In-Depth Investigation Regarding Staples Takeover of Office Depot, Staples to Work Closely with EU

The European Commission has announced in a press release that they had begun the in-depth investigation of Staples, Inc.’s acquisition of Office Depot under the EU Merger Regulation.

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