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Scott Floeck Promoted to Staples Chief Information Officer; Paul Gaffney Appointed Staples Executive Vice President of Supply Chain

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Feb. 23, 2004--Staples, Inc. (Nasdaq: SPLS) announced today the promotion of Scott Floeck to chief information officer (CIO). Paul Gaffney, who was CIO, moves to the newly created role of executive vice president of supply chain.

"As CIO, Scott will apply his proven leadership skills to drive Staples' productivity and make shopping at Staples easy through a disciplined use of technology," said Ron Sargent, Staples president and CEO. "In his new supply chain role, Paul will lead one of Staples' most critical initiatives as we develop a world class infrastructure to improve service and reduce costs."

Floeck, who previously served as senior vice president of retail and corporate information systems development, will report to John Mahoney, executive vice president and chief administrative officer. Floeck joined Staples in 1998 and played key leadership roles in developing customer-focused technical solutions and driving problem resolution metrics to all-time highs.

Gaffney, who previously served as executive vice president and chief information officer, will report to Dave Perron, executive vice president of merchandising and supply chain. Joining Staples in 2002 as CIO, Gaffney lead the company's information systems organization and information technology investments to support Staples' evolving infrastructure to make shopping easy for customers.

About Staples

Staples, Inc. is headquartered outside of Boston and sells a wide range of office products, including supplies, technology, furniture, and business services. With 2002 sales of $11.6 billion, Staples is committed to make buying office products easy. Nearly 58,000 associates serve consumers and businesses of all sizes -- from home-based businesses to Fortune 500 companies in the US, Belgium, Canada, France, Germany, Italy, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom. Staples invented the office superstore concept and today, with approximately 1,500 office superstores, is the largest operator of office superstores in the world. Staples also serves its customers through its mail order catalog, e-commerce and contract businesses. More information is available at http://www.staples.com.

CONTACT: Staples
Owen Davis, 508-253-8468
owen.davis@staples.com

SOURCE: Staples, Inc.