Submitted by WSN_Staff on Sun, 08/23/2009 - 14:56.
Staples Inc. (NASDAQ: SPLS) is a famous company known for its broad line of office products, services and supplies, which are found in almost every office across the country. The company's operations are divided on three orientations, North American Delivery, Retail and International Operations. The company produces everything used in offices from simple writing tools to computers and office furniture.
The company's records include 2,246 stores open worldwide, which demonstrates how spread the company is. The income of the company at the first quarter of the year showed a bad sign of how the economical crisis had reached the company's operations and the demand on the company's products and services. The income of that quarter fell by 33% versus the previous quarter of the last year. This fall in profits