Staples Revenue, Marketcap, Net Worth, Competitors 2026

Staples Inc. operates as an office supply retail company headquartered in Framingham, Massachusetts. The company pioneered the office superstore concept in 1986 and grew to become the largest office supply retailer in the United States.

The company sells office supplies, technology products, furniture, and breakroom supplies through retail stores, e-commerce platforms, and direct business-to-business delivery operations. Staples serves both individual consumers and businesses of all sizes across North America.

Staples Inc History

Staples Inc Co-founders

Staples Inc Competitors

Staples competes with office supply specialists, mass retailers, and e-commerce giants. The company holds approximately 47% market share in the U.S. office supply store sector, with ODP Corporation (Office Depot/OfficeMax) as its closest competitor.

Staples Inc Revenue

Staples generated approximately $8 billion in revenue for 2024. The company has seen sales decline from its peak of $24.7 billion in 2011 as consumers shifted to online shopping.

Staples Inc Acquisitions

Staples built its market position through strategic acquisitions spanning retail, catalog, and wholesale operations. The company focused on expanding both its geographic footprint and its delivery-based business channels.

In 1998, Staples acquired Quill Corporation for $685 million in cash and stock. Quill, founded in 1956 by the Miller brothers in Chicago, had become the largest direct-mail office supply company in the United States. The acquisition gave Staples access to a successful catalog business and growing internet sales channel. Quill continues to operate as a separate brand under Staples ownership.

Medical Arts Press joined the Staples family in 2002 for $383 million. Based in Minneapolis, the company specialized in printed office products and supplies for healthcare facilities. Medical Arts Press became a division of Quill Corporation.

That same year, Staples spent $788 million to acquire the European mail-order operations of Guilbert S.A. from Pinault-Printemps-Redoute. The purchase included brands operating in France, Belgium, Spain, the Netherlands, and Italy. These operations sold office supplies and furniture through catalogs and websites.

In 2008, Staples completed its largest acquisition by purchasing Corporate Express, a Dutch office supplies wholesaler, for approximately $4.8 billion. Corporate Express operated in the United States, Canada, Australia, and New Zealand. The deal made Staples the largest office products company in the world.

Additional acquisitions included Office World in the United Kingdom in 2004, PNI Digital Media in Canada in 2014, and various regional office supply chains throughout the 1990s and 2000s. Staples also acquired naming rights to the Staples Center arena in Los Angeles in 1998, though the venue was renamed Crypto.com Arena in 2021.

Staples Inc Marketcap

Staples no longer has a public market capitalization after Sycamore Partners took the company private in September 2017 for $6.9 billion. Before going private, Staples traded on the NASDAQ under the ticker symbol SPLS.

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