Staples Canada

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Staples Canada ULC
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  • The Business Depot (1991–1994)
  • Staples Business Depot (1994–2008)
Company type
Private
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HeadquartersRichmond Hill, Ontario, Canada
Number of locations
296
Key people
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ProductsTechnology (Computers/Business Machines/Entertainment), Furniture, Office Supplies, Copy and Print Services, Tech Services, School Supplies, Legal Supplies, Facility Supplies, Wireless
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OwnerSycamore Partners
Number of employees
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Websitewww.staples.ca

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File:Logo Bureau en gros 2018.svg
Bureau en Gros logo used in Quebec

Staples Canada ULC, operating as Staples (Bureau en Gros in Quebec),[1] is a Canadian retail sales company owned by American private equity firm Sycamore Partners.[2] Staples was founded by Leo Kahn[3] and Thomas G. Stemberg.[4] Since 2017, Staples Canada has operated independently from Staples' U.S. retail and U.S. business-to-business (B2B) operations.[5]

History

The Business Depot Ltd. was founded by Jack Bingleman in 1991, with Staples as a substantial investor, opening Business Depot stores in Canada.[6] The American counterpart acquired the Canadian company in 1994.[7]

The company would operate in English-language markets under the co-branding "Staples Business Depot", although stores in the Greater Toronto Area initially continued to operate under the "Business Depot" banner.[8] The presence of Business Depot resulted in trademark issues when competitor Office Depot expanded into Canada: in 1993, Staples obtained an injunction preventing the Office Depot name from being used in Ontario, and thus its stores were operated under the name "The Office Place" instead. The two companies reached a settlement in May 2001, allowing Office Depot to begin using its name on store brand products in Ontario in September 2001, and on store signage in June 2002.[9][8]

In 2008, Staples acquired Corporate Express.[10] In February 2015, Staples announced its intent to acquire Office Depot (which had also recently merged with Grand & Toy owner OfficeMax); on December 7, 2015, both the Competition Bureau and the U.S. Federal Trade Commission announced that they would move to block the merger under antitrust grounds.[11][12]

In 2017, Staples was acquired by private equity firm Sycamore Partners for $6.9 billion. Under the new owner, Staples Inc. was split into three "independently managed and capitalized" entities; Staples Canada serves as one of these entities, alongside Staples North American Delivery and Staples U.S. Retail.[5][13][14]

In December 2018, Staples Canada unveiled a new logo, and the new slogan "Work. Learn. Grow". The rebranding was accompanied by a new store concept, which first launched in Montreal and at its 375 University Avenue flagship store in Toronto. They feature demo areas with curated selections from various product lines (including pens, paper, journals, and consumer electronics), the "Solution Shop" for print and marketing services, and the latter featuring "Staples Studio" co-working areas and an auditorium-style "Spotlight" theatre (which can be rented for sessions and events).[15][16] With the new concept, Staples Canada began to position itself as "the working and learning company".[17]

In January 2024, Staples Canada began to participate in a pilot project by the Ontario provincial government to relocate some ServiceOntario locations (which provide government services such as vehicle licensing) from standalone bureaus to kiosks within retail stores. Two Walmart Canada stores are also participating in the pilot.[18] Taxpayer money is being used to cover associated renovations, at an estimated cost of $1.75 million; the Ontario NDP questioned the Doug Ford government's decision to enter into a taxpayer-funded sole-source contract with an American-owned corporation to deliver government services.[18]

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content.Delean, Paul. "Bureau en Gros to shut two Montreal stores". Montreal Gazette. Retrieved January 16, 2024.
  2. ^ Page Module:Citation/CS1/styles.css has no content."Sycamore Partners Completes Acquisition Of Staples, Inc". Sycamore Partners. Retrieved January 16, 2024.
  3. ^ Page Module:Citation/CS1/styles.css has no content.Shapiro, T. "Leo Kahn, entrepreneur who helped found Staples office-supply business, dies at 94". The Washington Post. Retrieved January 16, 2024.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Thomas Stemberg dies at 66; Staples founder created 'Toys R Us for office supplies'". Los Angeles Times. October 26, 2015. Retrieved January 16, 2024.
  5. ^ a b Page Module:Citation/CS1/styles.css has no content.Demery, Paul (August 14, 2017). "Break-up plan for Staples: B2B unit stands out". Digital Commerce 360. Retrieved May 29, 2019.
  6. ^ Page Module:Citation/CS1/styles.css has no content.Haddadin, Jim. "Staples sees future 'beyond office supplies'". The Patriot Ledger. Retrieved January 16, 2024.
  7. ^ Page Module:Citation/CS1/styles.css has no content."Staples Stock Gains on Completion of Acquisitions". The New York Times. Retrieved January 16, 2024.
  8. ^ a b Page Module:Citation/CS1/styles.css has no content."Office Depot, Staples settle". South Florida Business Journal. Retrieved September 27, 2024.
  9. ^ Page Module:Citation/CS1/styles.css has no content."Depot/Staples settle Canadian dispute". OPI - Office Products International. June 1, 2001. Retrieved September 27, 2024.
  10. ^ Page Module:Citation/CS1/styles.css has no content.Chee, Foo. "Staples wins Corporate Express in $2.65 bln deal". Reuters. Retrieved January 16, 2024.
  11. ^ Page Module:Citation/CS1/styles.css has no content.Bartz, Diane. "Staples, Office Depot scrap merger deal after judge rules for FTC". Reuters. Archived from the original on May 10, 2016. Retrieved May 10, 2016.
  12. ^ Page Module:Citation/CS1/styles.css has no content."Staples merger with Grand & Toy owner Office Depot rejected by Canadian, U.S. regulators". CBC News. December 7, 2015. Retrieved September 26, 2024.
  13. ^ Page Module:Citation/CS1/styles.css has no content."Staples spinning off retail business". Retail Dive. Retrieved May 29, 2019.
  14. ^ Page Module:Citation/CS1/styles.css has no content.Gelles, David; Merced, Michael J. de la (June 28, 2017). "Staples to Sell for $6.9 Billion, and Its New Owner Has an Uphill Battle". The New York Times. ISSN 0362-4331. Retrieved May 29, 2019.
  15. ^ Page Module:Citation/CS1/styles.css has no content."Staples Canada Launches Innovative Retail Concept Featuring Co-Working Spaces". Retail Insider. December 13, 2018. Retrieved April 11, 2019.
  16. ^ Page Module:Citation/CS1/styles.css has no content."Staples Rebrands and Unveils World's 1st "Working, Learning & Growing Store" [Photos/Video]". Retail Insider. January 10, 2019. Retrieved April 11, 2019.
  17. ^ Page Module:Citation/CS1/styles.css has no content."Staples Rebrands and Unveils World's 1st "Working, Learning & Growing Store" [Photos/Video]". Retail Insider. January 10, 2019. Retrieved September 29, 2021.
  18. ^ a b Page Module:Citation/CS1/styles.css has no content.Southern, Richard; Marchesan, John (January 12, 2024). "Ford government to pay for Staples retrofit as retailer looks to 'monetize' ServiceOntario". CityNews Toronto. Retrieved January 13, 2024.

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