Staples Inc.

From Office Cleaning to Workplace Yoga, Staples and Managed by Q Team-up to Make It Easy to Run the Office

Staples, Inc. (NASDAQ: SPLS), the world’s largest office solutions provider and one of the biggest internet retailers, today announced that it has entered into a strategic partnership with Managed by Q, a web-based technology platform that connects business with the services they need to run a workspace and consolidate vendor management, to offer Staples’ business customers a one-stop shop for everything an office manager needs, including new services to Staples.

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Staples will now provide customers in Chicago, Los Angeles, New York City, and San Francisco access to Managed by Q’s suite of office services. The platform lets users hire, communicate with, pay and review providers of over 100 different services, from cleaners and handymen to IT support and even workplace yoga. In the coming months, Staples and Managed by Q expect to expand the service and create more solutions that make it easy to run the office.

“Partnering with Managed by Q directly supports Staples’ previously announced strategy to focus on providing mid-market customers even more products and services beyond traditional office supplies,” said Neil Ringel, executive vice president, Staples Business Advantage. “Office managers at mid-market companies are constantly looking for ways to streamline their workday and save time, and we’ve now made it easy for them to keep their workplace running by giving them one place to interact with their office management vendors.”

“We’re very excited to accelerate our growth nationally through a relationship with Staples,” said Dan Teran, Co-Founder and CEO of Managed by Q. “Staples has built an amazing business around the needs of office managers, so connecting to our market leading services platform is a natural fit and a real win for office managers everywhere”

With this partnership, Managed by Q will get access to Staples growing customer base of small and medium sized businesses, while Staples customers can now access a significantly expanded suite of office services. Staples is again bringing an innovative offering to market to solve the pain points of the office manager, similar to the recent announcement of a digital “Easy Button“ for ordering and customer service.

“The strength of Managed by Q’s technology and customer service aligns with Staples’ brand promise to help businesses make more happen,” said Faisal Masud, executive vice president, global e-commerce, Staples. “Managed by Q is truly a digital platform for the office that gives Staples’ customers access to whatever help they need, whenever they need it.”

About Staples, Inc.

Staples helps small business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop – in stores, online, via mobile or through social apps. Staples Business Advantage, the business-to-business division, caters to mid-market, commercial and enterprise-sized customers by offering a one-source solution for the products and services they need, combined with best-in-class customer service, competitive pricing and a state-of-the-art ecommerce site. Headquartered outside of Boston, Staples, Inc. operates throughout North and South America, Europe, Asia, Australia and New Zealand. More information about Staples (NASDAQ: SPLS) is available at www.staples.com.

About Managed by Q

Managed by Q makes it easy to run an office. Founded in 2013, the company saves businesses and employees valuable time by providing a range of subscription and on-demand services, from cleaning and maintenance to supply replenishment and wellness. Today, the Managed by Q platform connects thousands of businesses to the services required to seamlessly run their workspaces. The company is committed to spreading a mission of economic empowerment, by creating good jobs for its operators and providing opportunities for small business to flourish. Managed by Q operates in New York, Los Angeles, Chicago and San Francisco. For more information visit Managed by Q.

EN
17/11/2016

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Short term view - STAPLES INC : The resistance has been passed.

Peaks and troughs are not clearly tilted, the trend is neutral. Prices are consolidating.Arguments :- The resistance has been passed.- The moving average is supporting prices.

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Analyse court terme - STAPLES INC : La résistance est dépassée.

Les sommets et les creux ne sont pas particulièrement inclinés, la tendance est neutre. Les cours consolident.Arguments :- La résistance est dépassée.- La moyenne mobile sert de support.

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