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Staples in Seattle Makes it Easy to Recycle and Save with New Binder Recycling Program

Shoppers will save $2 on new binder for each binder they recycle

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Apr. 4, 2012-- Staples, Inc. (NASDAQ: SPLS), the world’s largest office products company and second largest e-commerce company, is making it easy for customers in Seattle to shop and save on binders. Staples today announced an exclusive, first-of-its kind retail program with TerraCycle, Inc. that creates an eco-friendly, money-saving solution for customers to trade-in used binders. Spring is a perfect time to clean out the desk to get rid of older, worn binders and replace with newer, more professional products.

Currently in participating Seattle stores, shoppers will receive $2 off the purchase of a new binder for each binder that they bring in to recycle. The discount must be applied on the same day the binder is recycled. There are no limits on the number of binders or brands that can be recycled but no more than $2 will be discounted off any new binder. The instant discount can be used toward any binder sold in Staples stores, including Staples® BETTER® Binders or the new customizable planning binder from the Martha Stewart Home Office™ with Avery™ product line sold exclusively at Staples.

This program will be available in select stores within the Seattle area. For more information on store locations and program details, visit http://staples.com/sbd/cre/products/120325/17303/index.html

About Staples

Staples is the world’s largest office products company and a trusted source for office solutions. The company provides products, services and expertise in office supplies, copy & print, technology, facilities and breakroom, and furniture. Staples invented the office superstore concept in 1986 and now has annual sales of $25 billion, ranking second in the world in eCommerce sales. With 88,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia, making it easy for businesses of all sizes, and consumers. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com/media

Source: Staples, Inc.

Staples, Inc.
Stephanie Vailas, 508-253-4601
Karen Pevenstein, 508-253-0879

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Staples, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.