The writing is on the wall!

i work at essendant. tried telling my co-workers what kind of cut throat tactics sp is notorious for but it goes in one ear and out the other. with the latest news about the debt they are sticking staples with so they can recoup their investment i am... — read more 

Sycamore’s tough tactics help it survive a brutal retail sector Sujeet Indap April 9, 2019 3:00 am Private equity Private equity firm won its Nine West battle and scored $1bn dividend from Staples US retail has been a tough business for years. But... — read more 

How to serve humans was a great 50s or 60s sci-fi movie. Aliens landed in the US with a book called “how to serve humans”. Of course the humans thought the the aliens arrived to become their slaves and take care of them. Unfortunately for the humans... — read more 

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It... — read more 

(UBS Group AG and Goldman Sachs Group Inc., the two banks leading the debt sale) Please note the relationship Goldman Sacs has had with Sycamore Partners in the Staples acquisition Sycamore Partners Expands Senior Leadership, Names Rob Sweeney... — read more 

Does Staples Rebranding Foretell The Fall Of Another Retailer To Private Equity? Apr 10, 2019 By: Sanford Stein Staples announced a major rebranding effort which was accompanied by flurry of snazzy new product offerings and the customary PR push. At... — read more 

Staples is so Scr@wed! Staples now will have to face $130 million annually in interest payments and a Sh#t Load of Dept! Sycamore has pulled off a $5.4 billion refinancing of Staples, which it bought in 2017, that funded a staggering $1 billion... — read more 

Another round of layoffs this week! A lot of good people got laid off. How much more cutting can they do?!?

Just that unless anyone has anything substantial to offer.

Is there a way to block the Staples bilge that oozes for the pores of those indoctrinated in FL? I love my connection with the poor souls still there but everyday I have to see some syrupy oozing bilge about how great they are. I want to keep my... — read more 

https://news.avclub.com/beware-world-for-the-cult-of-staples-is-upon-us-1833843878 The funniest part of this article is that they don’t even realize/acknowledge the amount of debt the company had to take on to polish this turd. Enjoy.

somehow $1 billion of existing revenue will salvage $20 billion in plummeting revenue? you'd have to be the stupidest person on EARTH to believe this. do you think 1 lifeguard can save 20 people at the same time? OMG, how stupid you can be here?

I like the new logo. And the new brands seem cool. I’m just not sure that it’s enough when the real issues remain unaddressed: Amazon, Costco, SP dumping $1B in debt on the company, continued high turnover. I hope the company makes it for the many... — read more 

I get the whole I want to believe thing going on here.... it’s human nature to try and hold onto something that’s positive versus analyzing the facts to come to a negative conclusion. But folks— I have got some bad news for you..... when I was young... — read more 

Is dot com part of retail or delivery? My guess is it’s part of delivery. So if true how does the whole “omnichannel” (e.g. BOPIS) survive if delivery has a different owner than retail after SP spins off delivery? I don’t get it?

But nowadays you can have a zero bottom line and be kept open. Rebranding Staples (which is necessary) tells you everything about how f'd up the company is... They can't IPO it as STAPLES because no one in their right mind would buy it! It will be a... — read more 

Great sales conference. Unfortunately there are still way too many Sales Managers, Directors and VP's in this company. All taking large salaries and bonuses while the sales people are actually earning the money. All they do is high five each other... — read more 

SP picked it up for nothing, repainted at Maaco, new Walmart tires, Marvel Mystery oil to stop the burning smoke, stretched sheepskin covers over the tattered leather seats and is now looking for a clueless buyer.

Retail-focused Sycamore Partners is planning to cash in on its investment in Staples through a $1 billion dividend recap, according to Bloomberg, pushing the office supplies company's total debt to more than $5.3 billion, or about 4.7x adjusted... — read more 

Very easy to up/down vote a post as many times as you want.

I don't know about you, but I thought the event in FL was amazing, inspiring, and covered everything that can possibly be covered to instill confidence. Nearly 4000 people attended. One negative poster with a dozen pluses on their comments should not... — read more 

What can I say - I’ve seen this department gutted, built up and gutted again. Junior trainers are now in the role of Senior Managers and above, and it’s quite humorous. These “leaders” spend time making shirts for their team, playing games and... — read more 

Moody's rating remains "B1" even with the recap https://www.moodys.com/research/Moodys-affirms-Staples-B1-CFR-assigns-ratings-to-proposed-refinancing--PR_397406 New York, March 26, 2019 -- Moody's Investors Service ("Moody's") today affirmed Staples... — read more 

As many of you head to Florida this week think of the hundreds co-workers and Friends that were let go in the past year and are at home searching for a job, trying to make ends meet and telling their family everything is ok. So enjoy the sunshine and... — read more 

SP lied to us from the very beginning. They are cash s---ing leaches that essentially stole $1.3b in cash from Staples on closing day. They told SG that she would remain the head of Staples and then informed her the night before the closing that they... — read more 

https://www.channele2e.com/investors/private-equity/staples-for-sale-again/

https://www.bloomberg.com/news/articles/2019-03-22/sycamore-is-said-to-seek-1-billion-payout-in-staples-debt-deal

Heard the corp dev guy ws fired.... sad to see the good ones go

Lot of haters here. The truth is, Sycamore did what was long overdue. The reason our stock continuously fell, year after year, for the seven years leading to the firesale of the company was simple: -Poor leadership, which lead to... -Bad vision... — read more 

This company is doing so poorly that they announced today that the bonus payout will be 135% of plan (Enterprise). We truly are fools for sticking around and collecting a fat check for a job well done. Should have gotten out while we still could.

https://www.google.com/amp/s/amp.wbur.org/bostonomix/2019/03/13/john-wilson-water-polo-admissions-scam

Anyone know what day they are paying out on the retail side if any?

Yet not once was International Women's Day mentioned by our leadership. Disappointing.

I wonder what part of the country MB will open up his 7-11..... Hmmmmm?!?!?!?!?!

I wonder..... has Stefan Kaluzny has stayed at Trumps hotel in Washington? Along with all the fools from T-Mobil

And the exodus continues... Save yourselves...

Anyone aware that NAD is blowing this $$$ while the company bleeds out. Delivery trucks will soon be looking like Coke delivery trucks... Mark my words! Thanks Sandy.... I guess leadership in NAD is "safe"! Oh and BTW, the west coast VP (KM)... — read more 

I got let go in the Feb 13th layoff. I had only been at the company for 2 years. I was in the 401K, and my understanding was that Staples changed the rules, and that employees hired after 2017 had to be there 3 years, before they are vested... — read more 

During Last week Associate Forum, it was mentioned that, Bonus is part of Pay at Risk. Does that mean that, we are not going to get bonus for 2018. How should we look at that statement.