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Staples Selects Charlotte Site For Distribution Center; Multi-Channel Center To Serve Southeast Customers
    Business Editors

    WESTBOROUGH, Mass.--(BUSINESS WIRE)--March 31, 1999--Staples Inc. (NASDAQ:SPLS) today announced that it has signed a lease for a multi-channel distribution center in Charlotte, N.C. Scheduled to be operational in the fall of 1999, the center will serve Staples contract, catalog and e-commerce customers.

"The new center will support Staples' rapid expansion in the southeast market, and help us provide more efficient, localized service," said Joseph G. Doody, president of Staples Contract and Commercial division. "By moving to a multi-channel distribution strategy, we will be able to provide the lowest cost delivery and highest quality of customer service."

Crescent Resources, based in Charlotte, N.C., is building the 123,200 square-foot facility which will have the ability to be expanded to more than 190,000 square-feet. Initially, the distribution center will employee 40 people.

The addition of the Charlotte distribution center is part of Staples overall effort to improve service and reduce delivery costs throughout the organization. Several other existing distribution centers will be converted to serve multiple channels later this year. The first distribution center to be converted to a multi-channel operation was in Putnam, Conn. last year.

Staples Inc. is a $7 billion retailer of office supplies, furniture and technology to consumers and business from home based businesses to Fortune 50 companies in the United States, Canada, the United Kingdom and Germany. Headquartered outside Boston, Staples invented the office superstore concept and today is the largest operator of office superstores in the world. The company has more than 44,000 employees serving customers through more than 940 office superstores, mail order catalogs, e-commerce and a contract business. More information about the company can be found at http://www.staples.com.

    

     CONTACT: Staples Inc.
              Kathy Montal, (508) 253-7895