Staples TGS

222 Main Street Suite 244
Farmington, CT 06032
Tel: (203) 470-5341

fairfieldwizard@hotmail.com

VP:
Larry Berk
fairfieldwizard@hotmail.com
Tel: (203) 470-5341

Staples attributes annual sales increase to Web, mobile investments

Staples full-year 2011 sales increased 2% year-over-year to $25 billion, while net income grew approximately 12% to $985 million, the company said Feb. 29. Updates to the Staples.com website and the development of new mobile apps drove this growth, said Ronald Sargent, Staples's chairman and CEO in an investor's call.

Staples second-quarter net income up

Staples reported $5.8 billion in total sales in the second quarter, a 5.2% increase compared with the same period of 2010. Second-quarter net income for the Framingham, Mass.-based office-supply retailer increased 36% year-over-year to $176 million. Operating expenses grew 8.3% to $1.3 billion compared with last year.

Sign up to our newsletters

Latest Jobs:


Company of the Week


Founded in September 2009, Stirista is an integrated marketing agency that specializes in micro-targeting via traditional and digital channels. Our mission is to help companies, non-profits, and universities alike find new prospects and better understand their existing contacts. We are on the preferred vendor list for a handful of Fortune 500 companies with three of the ten largest companies in the world turning to us for marketing insights. To put it simply, we're young (at least at heart), ambitious, and sometimes impulsive-but always hungry for new ideas.

Featured Listings

Stirista

Stirista

Founded in September 2009, Stirista is an integrated marketing agency that specializes in ...