Office supply retailer Staples had a rough second quarter, posting a quarterly profit decline of 38 percent. According to Staples, the earnings decline comes due to less people buying desks and chairs, as well as due to a narrower profit margin. However, despite Staples’ falling profits, sales have actually increased from last year to this year.
 
Net income fell to $92.4 million from $150.2 million just a year earlier, or to 13 cents a share from 21 cents a share. Sales experienced movement in the opposite direction, rising 9 percent to $5.53 billion from $5.1 billion in the same quarter last …read more

EcoGeek recently posted about how Staples Tries to Make Recycling Easier by starting an “in-house” recycling program. Apparently, they are the first national chain to offer this service to customers. I have not visited Staples in quite awhile, neither in-store or online, so a recent inquiry has me realizing that the mega-chain has made some changes since I was last there.
Staples has, somewhat seamlessly, turned their “easy” tag line into a slick “eco-easy” campaign. It’s not their homepage sell but it is found here – with lots of “easy” eco highlights. Like eco-friendly products (pretty easy), easy ink recycling …read more