Major Retailer Reduces BACK-TO-SCHOOL Prices



    STAPLES Business Depot lowers hundreds of prices and offers a Low Price
    Guarantee on popular Back-to-School essentials.

    TORONTO, Aug. 15 /CNW/ - STAPLES Business Depot, Canada's favourite
back-to-school supplies destination, announced today they have officially
reduced the price of hundreds of popular back-to-school products. The decision
is part of the retailer's commitment to offer the best selection of
back-to-school products at the lowest prices possible.
    "We know parents spend an average of 300 dollars on back-to-school
items," said Steve Matyas, President STAPLES Business Depot. "This
back-to-school season, more than ever, people are watching their spending.
It's great for us to be able to reduce our prices just in time for the
back-to-school shopping rush."
    A corporate-wide commitment to help school-aged children acquire the
back-to-school tools they need at a reasonable price during today's difficult
economic times drove the decision to lower prices more this year than ever
before.
    "This year we didn't reduce prices on just any products; we made sure we
reduced the prices on products parents, teachers and students really need,"
continued Matyas. "These great deals combined with our iron-clad low price
guarantee on all merchandise will ensure we have the best products at the
lowest prices; this is particularly important during the back-to-school
shopping period."

    
    Some of the discounted items are:

    -   Hilroy Canada 4/pack of 32-page Exercise Books: Was $1.46, Now only
        40 cents
    -   Hilroy 80-page Coil Notebook: Was 86 cents, Now only 26 cents
    -   Five Star 1.5" Zipper Binder: Was $13.99, Now only $10.99
    -   Crayola Crayons 24 pack: Was 1.96, Now only 79 cents
    -   Crayola 24/pack IQ Pencil Crayons: Was $4.65, Now only $1.36
    

    In addition to substantially reducing prices on some back-to school
items, the retailer is using their busiest time of year and the sluggish
economy as a perfect opportunity to remind customers about their 110 per cent
Low Price Guarantee, a price match program the retailer launched in 2005. For
more information on the Low Price Guarantee visit www.staples.ca.

    About STAPLES Business Depot

    Founded in Toronto in 1991, The Business Depot Ltd. is Canada's largest
supplier of office supplies, business machines, office furniture and business
services for the small business and home office customer. The company is an
everyday low price retailer. The chain operates stores in all provinces across
Canada under the banners STAPLES(R) Business Depot(TM) and Bureau en Gros(MC).
The company has over 13,500 employees serving customers through almost 300
office superstores, catalogue, and e-commerce. STAPLES(R) Business Depot(TM)/
Bureau en Gros(MC) is committed to making shopping easy by offering customers
three ways to shop: online, by catalogue and in-store. Marketing Magazine's
Marketing/Leger 2008 Corporate Reputation Survey ranked STAPLES Business
Depot/Bureau en Gros number one among Canada's top 100 companies surveyed in
Canada. For more information please visit www.easy.staples.ca





For further information:

For further information: Alessandra Saccal, Public Relations Manager,
STAPLES Business Depot, (905) 737-1147 ext. 2363,
alessandra.saccal@staples.ca; Rachel Swiednicki, Public Relations Specialist,
STAPLES Business Depot, (905) 737-1147 ext. 2714,
rachel.swiednicki@staples.ca


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