Hard Times Behind It, Staples Focuses On Growing Tech, Services

As its core customers emerge from the recession, business is good again at Staples, allowing the company to focus on its growth plans. "Five years from now, we'll be more focused on our delivery business, with a higher mix of technology, and sell more private label products," Ron Sargent, Staples' chairman/CEO, told investors attending the 26th Sanford Bernstein Strategic Decisions Conference, which was webcast. "There will be more services in our mix, because there is not a lot of inventory and the margins are great. And we're going to grow internationally. We're on a glide path to do all that."
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