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/ E-Retailers
Staples founder targets multi-channel companies with $300 million fund
Tom Stemberg will lead a new fund at venture capital firm Highland Capital Partners. Focus will be on consumer-facing multi-channel companies, including retailers.
Posted 07/09/2007Kurt PetersPost a comment
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/ E-Retailers
Staples.com’s 2nd quarter revenue hits a record $234 million
Revenues at Staples.com, StaplesLink.com, BusinessDepot.com and Quill.com, reached $234 million in the second quarter, up 144% over last year. Staples.com achieved profitability with net income of $5 million for the quarter.
Posted 08/21/2001Kurt PetersPost a comment
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/ E-Retailers
Staples will combine catalog and Staples.com operations
Staples Inc. will merge its small-business and consumer catalog operation, called Direct, with Staples.com, hoping to encourage customers to shop both channels and to save overhead costs. It also withdraws its IPO for Staples.com.
Posted 03/22/2001Kurt PetersPost a comment
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/ Press Release
Staples and Shareholder Group Settle Lawsuit On Staples.com Foldback; Staples Shareholders to Vote in August
FRAMINGHAM, Mass., Jul 2, 2001 -- Staples, Inc. and a shareholder group have settled a lawsuit filed in March challenging Staples` plan to fold back Staples.com stock into Staples stock, both sides announced today. According to the settlement, which is subject to the final approval of the Delaware Court of Chancery, Staples has agreed to include in its proxy statement additional information relevant to the value of Staples.com stock in the...
Posted 07/03/2001
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