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“We’re making progress meeting the changing needs of our customers as we reinvent Staples,” said Ron Sargent, Staples’ chairman and CEO. “Despite a slow start to the first quarter, our results were in line with our expectations and we expect to build momentum throughout 2014.”
In its North America Commercial section, which includes the promotional products division, sales totaled $2.1 billion, a 1 percent increase over the same quarter last year. The company attributed promotional products as one of the reasons for the increase.
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