|Staples, Inc. Announces New Russia Alliance With Pragmatic Express Ltd.|
FRAMINGHAM, Mass., Oct 13, 2010 (BUSINESS WIRE) --
Staples, Inc. (Nasdaq: SPLS) announced today a new strategic alliance with one of the leading Russian office products companies, Pragmatic Express Ltd. Within Russia, Staples and Pragmatic will work together exclusively on international accounts and collaborate to exchange best practices.
"As Staples expands globally, this alliance represents a unique opportunity for the company to serve both new and existing accounts that are looking for Staples' expertise and industry-leading service levels in the Russian market," said Rob Vale, president of Staples Europe. "Pragmatic is a great company that shares Staples' passion for making it easy for customers to buy office products and services. We look forward to working with the Pragmatic team."
"Pragmatic Express has always been interested in learning from the best," said Renata Szostak, managing director for Pragmatic Express. "We severed our Lyreco agreement in August to join forces with the world's leading office products company. This new alliance gives us a unique opportunity to access Staples' knowledge in serving large accounts worldwide that will help us better serve customers in this area. Staples' global experience combined with Pragmatic's experience in the Russian contract market will bring our clients many benefits and a high level of satisfaction."
Pragmatic Express is a leading office products company in Russia, offering a full range of office and computer supplies, facility products and related services. Founded in 1998, the company's headquarters and warehouse are based in Moscow, and it operates a branch in St. Petersburg. With more than 700 employees, Pragmatic is a contract business that serves companies of all sizes.
Through the alliance with Pragmatic, Staples International will now service customers in 33 countries. Staples has operations in 26 countries and alliance partnerships in seven.
Staples, the world's largest office products company, is committed to making it easy for customers to buy a wide range of office products and services. Our broad selection of office supplies, electronics, technology and office furniture as well as business services, including computer repair and copying and printing, helps our customers run their offices efficiently. With 2009 sales of $24 billion and 91,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia serving businesses of all sizes and consumers. Staples invented the office superstore concept in 1986 and today ranks second worldwide in e-commerce sales. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com/media.
SOURCE: Staples, Inc.