Very easy to up/down vote a post as many times as you want.
Florida Sales Conference
I don't know about you, but I thought the event in FL was amazing, inspiring, and covered everything that can possibly be covered to instill confidence. Nearly 4000 people attended. One negative poster with a dozen pluses on their comments should not... — read more
Staples Learning & Development
What can I say - I’ve seen this department gutted, built up and gutted again. Junior trainers are now in the role of Senior Managers and above, and it’s quite humorous. These “leaders” spend time making shirts for their team, playing games and... — read more
Moody's Not Negative on the Dividend Recap
Moody's rating remains "B1" even with the recap https://www.moodys.com/research/Moodys-affirms-Staples-B1-CFR-assigns-ratings-to-proposed-refinancing--PR_397406 New York, March 26, 2019 -- Moody's Investors Service ("Moody's") today affirmed Staples... — read more
Enjoy the Kool-Aid in Florida
As many of you head to Florida this week think of the hundreds co-workers and Friends that were let go in the past year and are at home searching for a job, trying to make ends meet and telling their family everything is ok. So enjoy the sunshine and... — read more
Is Anyone Really Surprised?
SP lied to us from the very beginning. They are cash s---ing leaches that essentially stole $1.3b in cash from Staples on closing day. They told SG that she would remain the head of Staples and then informed her the night before the closing that they... — read more
Can you say "bankruptcy" sure - sure you can!
https://www.channele2e.com/investors/private-equity/staples-for-sale-again/
Sycamore Exit / IPO
https://www.bloomberg.com/news/articles/2019-03-22/sycamore-is-said-to-seek-1-billion-payout-in-staples-debt-deal
Corp Dev?
Heard the corp dev guy ws fired.... sad to see the good ones go
Heading the right direction!
Lot of haters here. The truth is, Sycamore did what was long overdue. The reason our stock continuously fell, year after year, for the seven years leading to the firesale of the company was simple: -Poor leadership, which lead to... -Bad vision... — read more
Happy Bonus Day!
This company is doing so poorly that they announced today that the bonus payout will be 135% of plan (Enterprise). We truly are fools for sticking around and collecting a fat check for a job well done. Should have gotten out while we still could.
Former staples exec involved in college admission scam!
https://www.google.com/amp/s/amp.wbur.org/bostonomix/2019/03/13/john-wilson-water-polo-admissions-scam
Any word on retail bonus ?
Anyone know what day they are paying out on the retail side if any?
Preach Inclusivity?
Yet not once was International Women's Day mentioned by our leadership. Disappointing.
Mike Beeeeeeeeeeeee... Following in his people's footsteps...
I wonder what part of the country MB will open up his 7-11..... Hmmmmm?!?!?!?!?!
Stefan Kaluzny
I wonder..... has Stefan Kaluzny has stayed at Trumps hotel in Washington? Along with all the fools from T-Mobil
The Baskarhan? Say it ain't so.... LOL
And the exodus continues... Save yourselves...
NAD spending over $20M to "rebrand" vehicles and buildings....Hmmm???
Anyone aware that NAD is blowing this $$$ while the company bleeds out. Delivery trucks will soon be looking like Coke delivery trucks... Mark my words! Thanks Sandy.... I guess leadership in NAD is "safe"! Oh and BTW, the west coast VP (KM)... — read more
401K Match Rules ?
I got let go in the Feb 13th layoff. I had only been at the company for 2 years. I was in the 401K, and my understanding was that Staples changed the rules, and that employees hired after 2017 had to be there 3 years, before they are vested... — read more
Bonuses as Pay at Risk. What does it mean ?
During Last week Associate Forum, it was mentioned that, Bonus is part of Pay at Risk. Does that mean that, we are not going to get bonus for 2018. How should we look at that statement.
March 15th. End of the line.
March 15th layoffs coming for the rest of the SAL organization. Buckle up.
WATCHDOG GROUP SLAMS FTC FOR REVOLVING-DOOR PRACTICES AHEAD OF PENDING STAPLES MERGER
https://theintercept.com/2019/02/26/ftc-staples-essendant-merger/ February 26 2019
Loyalty got me this?
Nothing but years of lost work and a new territory that was poorly managed by multiple lines of business leaders who failed to do their job the past decade. Sad that the same managers who lead these teams are now in the same roles or promoted. How... — read more
Is what we see today what they meant when they said....
"We are pleased to have completed this transaction and look forward to partnering with CEO SG and the Staples management team as we seek to increase long-term profitability," said SK, Managing Director of SP. “With the support of its dedicated... — read more
Severance is taxed like a bonus
FYI if you're expecting to get laid off and get a severance package, keep in mind that the Federal tax withheld will be at the IRS "supplemental rate" and not what you put on your W4. This could mean that your severance is significantly lower than... — read more
Take Off Those Sunglasses, It's Dark!
The future for SBA is not that bright. The GTM strategy is already showing several huge holes. Just wait a few months and it will be irreversible. RIP
Class Action
February 20, 2019 A Class Action Could Complicate Staples, Inc.’s Bid To Buy Essendant An investor in Essendant is taking steps toward launching a class action against the office supplies distributor, a move that could cause further delay for... — read more
Micro management is happing Retail
I can not believe stores are required to give hourly updates to their District Managers. NPS scores, Computer Market Basket, Printer Market Basket.... come on this is getting out of control. Why is the RVP emailing stores asking for action plans... — read more
Essendant Staples merger severance packages
What's known?
Furniture leadership definitely has no clue
I recently left the furniture division. It is amazing to see what the contract furniture market is really like. I’m working on three projects orders totals over 400 workstations (all Allsteel) in a single city that no sales person at Staples had a... — read more
Who wouldn't want one person to do three peoples job? Will it work? I say no
Im just a lowly copy center guy but our weekly goal is up 50% more than our best weeks ever. And of course we are the new outside sales people usung sharepoint and having call days. Who wouldnt want 9ne person to do three peoples job? Will it work? I... — read more
Life After Staples
After 18 years of service, I was let go in the latest round. I was able to find better employment, more money in base and commissions. Maybe this was the best thing that happened to me...
100K per month in growth and 100% to plan per month
100K per month in growth and 100% to plan per month (If you don't hit plan that you are put on a PIP.) This is the latest goal set upon SBA outside sales folks. This is COMPLETELY nuts! Sycamore is setting everyone up for failure. Its all coming to... — read more
Globe Working a Story?
Anyone else hear about the Boston Globe contacting ex-employees (layoffs) about an article?
The most special part of a SPLS has always been the people
Everything stated...so correct . The company founded by TS was truly an amazing success. He grew a wonderful retail company and shared the rewards with the organization ...the people. Anyone who was part of the growth of Staples will remember it as... — read more
Why are ya’ll so surprised????
Sycamore partners is a “retail focused organization”— just look at their entire portfolio. Why is everyone so surprised that they are destroying what they do not understand? They don’t want it- they don’t see the value in this business-their vision... — read more
How can we have more layoffs???
So many people already gone, most of our best already sent packing... How in the world is laying off even more people a good business decision? Is the management trying to bring this company down? I honestly can't think of another reason for such... — read more