Company sales for Staples, Framingham, Mass., during the second quarter of 2015, which ended Aug. 1, dropped to $4.9 billion, 5 percent lower than the same quarter in 2014. However, when excluding the impact of store closures in North America during the past year and changes in foreign exchange rates, total company sales increased 1 percent during the second quarter.
SRC Liquidation Co.—what's left of the former Standard Register Co. going through Chapter 11 bankruptcy—made a management change to save money. The company hired a new interim management services firm, Boston-based WilliamsMarston LLC, and appointed Landen Williams as chief restructuring officer.
Butler Street, a leading management consulting, training and research firm focused on client and talent development, has formed an alliance with Printing Impressions, America's most influential and widely read resource for the printing industry, to provide the de facto industry standard for measuring customer loyalty through its Best of Print & Digital Customer Survey.
RR Donnelley & Sons will begin to lay off 91 employees this week as part of a permanent closing of its TOPS Products distribution center in Georgetown. The company recently gave notice about the closing to Georgetown Mayor Tom Prather and the Kentucky Office of Employment and Training.
The U.S. Government Publishing Office (GPO) continues its commitment to providing employees a discrimination-free work environment. As FY 2015 comes to a close, GPO has had eight formal equal employment opportunity (EEO) complaints filed, which represents a 53 percent decrease from FY 2014 and an 84 percent decrease from FY 2013.
Last week, Inc. published its annual Inc. 5000 list, a list of the fastest-growing private companies in America. As our sister publication, Promo Marketing, has reported in previous years, a number of industry suppliers and distributors made the ranks. This year, we counted 42 promotional products companies among the 5,000.
RR Donnelley & Sons Company (RRD), Chicago, announced that it intends to create three independent, publicly traded companies: one business focused on financial communications and data services; one business focused on publishing and retail-centric print services; and one business focused on customized multichannel communications management.
Standard Register Co. has settled a lawsuit with Craig Stockmal and Lynn Smith, two former employees who launched a similar company called Focus Impressions Inc., located in the Boston area. The case was set to go to trial on Aug. 20.
The U.S. Postal Service reported a net loss of $586 million for the third quarter of fiscal 2015 (April 1, 2015 - June 30, 2015), a reduction of $1.4 billion from the net loss of $2 billion for the same period last year.
Independent Printing, De Pere, Wis., has announced the acquisition of PrimaGraphics Inc. Located in Green Bay, Wis., PrimaGraphics will continue to operate in the same building and with the same organizational structure it had previously, under the new name of PrimaGraphics, a division of Independent Checks.