Staples Inc. Income Drops 31%, Company Cuts Outlook

Net income for Staples Inc. took a significant hit in the second quarter of 2012. The company reported that earnings fell 31.8 percent for the period ended July 28, 2012, a result of a slowdown in retail sales and difficulties in international markets.

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HDS Launches New Website

HDS, the Pittsburgh-based distributor, today launched the company’s new website at www.hdsideas.com. The website reflects HDS’ new logo which was introduced in March of this year and features a new color scheme and tagline.

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