Staples Future Office Products Pvt. Ltd. is a joint venture
be- tween the American office products giant Staples Inc.,
and India's leading retailing house - the Future Group,
well-known for its successful retail formats, such as Pantaloons,
Big Bazaar, Food Bazaar, etc. Staples started its operations
in India on December 27, 2007 and currently has nine stores
spread across Bangalore, Mumbai/Navi Mumbai, Pune and Noida.
The company has its corporate office in Mumbai. It offers
three categories of products - office supplies (stationery
and allied items, gifts and promotional items), technology
products (computers, computer accessories, other electronic
office equipment) and office furniture. The company has
adopted a logo and tagline (Exhibit 1), which is drawn from
Staples Inc's logo and tagline shown later in this article.
Staples Inc., headquartered near Boston in the US, pioneered
the office superstore concept in 1986; and is currently
the world's largest office products company. Staples occupied
the 128th place in the list of Fortune
500 for the year 2008, with a turnover of $19.4 bn in 2007.
The companys sales increased to $23 bn during 2008. Its
direct competitors in the office supplies business are Office
Depot and OfficeMax. Staples deals in a wide range of office
products encompassing stationery, technology products and
office furniture. It has over 2000 stores spread across
27 countries in North and South America, Europe and Asia
Pacific. Of these, 1521 are in the US. The rest are concentrated
mainly in Canada (311), United Kingdom (137), Germany (58),
The Netherlands (47) and Portugal (30). Staples stores are
well-recognized by their innovative logo and catchy tagline.
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