| Business Summary | | Staples,
Inc.
is
an
office
products
distributor
with
1,307
retail
stores
located
in
the
United
States,
Canada,
the
United
Kingdom,
Germany,
the
Netherlands
and
Portugal,
as
of
February
3,
2001.
The
Staples'
North
American
Retail
segment
consists
of
the
United
States
and
Canadian
operating
units
that
operate
office
supply
stores.
The
Contract
and
Commercial
segment
consists
of
Staples
Direct,
Contract,
Quill
Corporation
and
Staples
Communications,
which
sell
office
products,
supplies
and
services
directly
to
businesses
throughout
the
United
States
and
Canada.
The
Staples.com
segment
includes
the
operations
of
Staples'
e-commerce
sites.
The
European
Operations
segment
consists
of
six
operating
units
that
operate
office
supply
stores
in
the
United
Kingdom,
Germany,
the
Netherlands
and
Portugal,
and
sell
office
products
and
supplies
to
businesses
throughout
the
United
Kingdom
and
Germany.
In
April
2001,
the
Company
sold
Staples
Communications
to
Platinum
Equity
L.L.C.
of
Los
Angeles. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Staples
is
an
office
supplies
retailer
with
1,307
office
supply
stores
(as
of
2/01)
in
the
U.S.,
Canada,
the
UK,
Germany,
the
Netherlands
and
Portugal.
SPLS
also
operates
catalog
operations,
a
contract
stationery
business
and
e-commerce
sites.
For
the
26
weeks
ended
8/4/01,
sales
rose
5%
to
$4.98
billion.
Net
income
fell
8%
to
$79.9
million.
Results
reflect
an
increase
in
customer
traffic
in
all
channels,
offset
by
a
lower
gross
margin. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Thomas Stemberg, 52 Chairman,
CEO | $2.4M | Ronald Sargent, 45 Pres,
COO, Director | 1.8M | Joseph Vassalluzzo, 53 Vice
Chairman | 1.2M | John Mahoney, 49 CFO,
Chief Admin. Officer, Exec. VP | 1.3M | Joseph Doody, 48 Pres,
Staples Contract & Commercial | -- | Dollar amounts are as of 3-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|