Staples Canada


Staples Canada Inc. is a Canadian office supply retail chain. It is owned by Sycamore Partners, The corporation is headquartered in Richmond Hill, Ontario.
Staples remains one of the most profitable office supply chains in Canada, with larger share than its main rival Grand & Toy. It is the largest supplier of office supplies to small businesses and home office workers, either in store, online or by catalogue, with over 300 stores and six delivery centers which allows Staples Canada to deliver to 85% of the Canadian population next day free of charge. Staples Canada also offers a specific B2B program with Staples Preferred offering discounts and account management for small and medium business in Canada at staplespreferred.ca

History

The Business Depot Ltd. was founded by Jack Bingleman in 1991, with Staples as a substantial investor, opening Business Depot stores in Ontario and later Atlantic Canada and Bureau en Gros locations in Quebec. The American counterpart acquired 100% of the Canadian company in 1994. Around this time, the company began to open stores in Western Canada under the Staples: The Office Superstore label, like its U.S. counterpart.
The company later began converting locations in English-speaking markets to a combined brand, tested as Staples: The Business Depot and later rolled out as Staples Business Depot. This conversion was completed in 2001, with Quebec locations retaining Bureau en Gros.
In 2008, the company began shortening its name to "Staples" in English Canada to avoid confusion with rival Office Depot, to provide more commonality with its stores in the U.S. and overseas, and to reduce costs associated with Staples brand merchandise packaging that was made specifically for Canada. In Quebec, products that were previously rebranded Bureau en Gros now remain branded as Staples. This change was "soft launched"; Staples updated the logo as the company reordered supplies to reduce costs associated with a brand change. Older locations still retain the full Staples Business Depot signage. The Business Depot Ltd. remained the legal name of the main Canadian subsidiary until 2008, when the company's name was changed to Staples Canada, Inc.
In 2008, Staples acquired Corporate Express, which now runs under the banner Staples Business Advantage, catering to larger corporations.
Since 2008, Staples Canada has acquired different companies - such as Chiswick, introducing industrial products to their selection. They have increased their focus on drop-shipping some products to be able to offer a wider selection of merchandise without needing to increase personal inventory or warehouse space.
David Boone was appointed Chief Executive Officer of Staples Canada ULC in January 2018.
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.
In December 2018, Staples Canada unveiled a new logo and slogan. The rebranding is accompanied by new store concepts which first launched in Montreal and Downtown Toronto, which feature demo areas with curated selections from various product lines, the "Solution Shop" for print and marketing services, and the latter featuring "Staples Studio" co-working areas and an auditorium-style "Spotlight" theatre.

Services

Staples Canada has their own private-label brand under the name "Staples" or "Sustainable Earth" for their eco-conscious lineup.
Stores are divided into the following departments:
Staples also offers Extended Service and Furniture Protection Plans.

Loyalty programs

, Staples subscribed to the Air Miles loyalty program. The company previously had its own loyalty program called Dividends, under which members received gift certificates based on their spending in the previous quarter.
Since 2005, Staples customers donate to local non-profits through the annual event Staples School Supply Drive, in 2017 the donations reached $1.5 million, and a total of $12 million since launching the initiative.
As for Staples Print and Marketing services, business clients are provided the Business Discount Program where they receive 10-20% on print services

Credit cards

Staples offers an in-store private-label credit card, the "Staples Card", in partnership with Desjardins Group. Personal, small business and commercial cards are available. Two credit limits exist for customers with these cards, a regular financing limit and an "Accord D" financing limit, which are combined in the total credit limit. The company previously offered private-label "Enterprise" credit cards in partnership with Citi Financial.