What is Staples'stock price and ticker symbol?
What is Staples' stock symbol? Staples trades on the NASDAQ under the ticker symbol "SPLS." What is Staples' stock price today? One share of SPLS stock can currently be purchased for approximately $10.25.
Will Sycamore buy out Staples’ retail business?
This structure will give Sycamore the option to shed Staples’ retail business in the future, one of the sources said. Framingham, Massachusetts-based Staples, which made its name selling paper, pens and other supplies, has 1,255 stores in the United States and 304 in Canada.
What happened to the CEO of Staples?
Staples Inc. CEO Alexander Douglas is stepping down by mutual agreement with the company, according to a press release. Executive Chairman John Lederer, who is also a senior adviser with Staples' private equity owner Sycamore Partners, will take over as interim CEO following Douglas's departure. The leadership changes are effective June 18.
What does Sycamore’s deal with Staples mean for Shira Goodman?
Shira Goodman will remain as Staples CEO. Sycamore will be organizing Staples along three lines: its stronger delivery business, its weaker retail business and its business in Canada, two sources familiar with the deal said. This structure will give Sycamore the option to shed Staples’ retail business in the future, one of the sources said.
How much did Sycamore buy Staples for?
Sycamore took Staples private for $6.9 billion in 2017, putting a reported $1.6 billion of its own money into the deal. With the dividend recap, the firm already stands to make back nearly two-thirds of that original investment—independent of a full exit in the future.
How much is Sycamore Partners worth?
approximately $10 billionSycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital....Sycamore Partners.TypePrivateWebsitesycamorepartners.com8 more rows
Does Sycamore Partners still own Staples?
The CEO transition comes as USR Parent Inc., which runs the Staples stores and is also owned by Sycamore, is attempting to acquire the retail arm of ODP Corporation, the parent company of Office Depot.
How much did Staples sell for?
Crypto.com, a Singapore-based cryptocurrency exchange, bought the naming rights to the former Staples Center last week in what is estimated to be a $700 million, record-breaking deal.
What stores own Sycamore?
The firm's investment portfolio currently includes Belk, Coldwater Creek, CommerceHub, EMP Merchandising, Hot Topic, MGF Sourcing, NBG Home, Nine West Holdings, Staples, Inc., Staples' United States Retail Business, Staples' Canadian Retail Business, Talbots, The Limited and Torrid.
Is Sycamore Partners Selling Talbots?
"We are pleased to have completed this acquisition and are ready to deliver on the promise of executing on the significant potential inherent in Talbots, which remains a premier, storied brand," said Stefan Kaluzny, a Managing Director of Sycamore Partners.
Who owns Staples now?
Sycamore PartnersStaples / Parent organization
How is Staples doing financially 2021?
Staples revenue was $8.7 b in FY, 2021 which is a (3.3%) year over year decrease from the previous period.
Who bought Staples?
Sycamore PartnersIn November, USR Parent Inc, the parent of Staples and a portfolio company of private equity firm Sycamore Partners, reaffirmed its earlier proposal to acquire ODP's consumer business for $1.0 billion in cash.
How much did crypto buy Staples?
Crypto.com is paying $700 million for the naming rights to the arena, according to multiple reports. CNBC's Jabari Young reported in November that the new name will be attached to the venue for the next 20 years. "This partnership is about the future," president and CEO of AEG Dan Beckerman said.
Who owned Staples before Sycamore?
By 1996, it had reached the Fortune 500, and it later acquired the office supplies company Quill Corporation....Staples Inc.Logo since 2019Store in Saugus, Massachusetts, November 2012ProductsOffice supplies and furniture Office and data center technologyRevenueUS$ 14 billion (FY 2019)OwnerSycamore Partners (2017–present)11 more rows
Is Staples in financial trouble?
In 2020, Staples had sales of approximately 8.67 billion U.S. dollars, a sharp decline from 2011, when they had sales of 24.7 billion U.S. dollars.
Who is Peter Morrow?
Peter Morrow, who led the dramatic turnaround of the Agricultural Bank of Mongolia (rebranded as Khan Bank) under a DAI project and went on to become one of Mongolia's most respected business leaders and most honored foreign citizens. Morrow, who worked for DAI from 2000 to 2010, died on August 4 in Seattle.
Who bought Staples?
Sycamore PartnersIn November, USR Parent Inc, the parent of Staples and a portfolio company of private equity firm Sycamore Partners, reaffirmed its earlier proposal to acquire ODP's consumer business for $1.0 billion in cash.
Is Staples a good dividend stock?
Staples(NASDAQ:SPLS) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.00%. View Staples' dividend history .
Who are Staples' key executives?
Staples' management team includes the following people: Robert E. Sulentic , Independent Chairman of the Board Shira D. Goodman , President, Chi...
Who are some of Staples' key competitors?
Some companies that are related to Staples include Tractor Supply (TSCO) , Ulta Beauty (ULTA) , Five Below (FIVE) , DICK'S Sporting Goods (DKS)...
What other stocks do shareholders of Staples own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Staples investors own include Ford Motor (F) , Twitter (T...
What is Staples' stock symbol?
Staples trades on the NASDAQ under the ticker symbol "SPLS."
What is Staples' stock price today?
One share of SPLS stock can currently be purchased for approximately $10.25.
How can I contact Staples?
Staples' mailing address is 500 Staples Dr, PO Box 9328, FRAMINGHAM, MA 01702-4478, United States . The official website for Staples is www.stapl...
Who bought staples?
(Reuters) - Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc SPLS.O for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shopping.
Who is the CEO of staples?
Shira Goodman will remain as Staples CEO. Sycamore will be organizing Staples along three lines: its stronger delivery business, its weaker retail business and its business in Canada, two sources familiar with the deal said.
About Staples
Staples, Inc. (Staples) is a provider of products and services that serve the needs of business customers and consumers. The Company offers a range of print and marketing and technology services. The Company's segments include North American Delivery, North American Retail and Other.
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Staples (NASDAQ:SPLS) Frequently Asked Questions
Staples pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.00%. View Staples' dividend history.
Dive Brief
Staples Inc. CEO Alexander Douglas is stepping down by mutual agreement with the company, according to a press release.
Dive Insight
As one of the Staples entities under Sycamore attempts to acquire Office Depot, the other is losing its chief executive.
