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Non-Tech : CompUSA (CPU)

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To: Doug Larson who wrote (2173)4/14/1999 2:25:00 AM
From: Michael   of 3187
 
<<Continue Store Growth and Strengthen Infrastructure. Staples is
continuing its store growth program. In fiscal year 1998, Staples opened 158 new
stores in North America and 16 new stores in Europe. In fiscal 1999, Staples
intends to open approximately 150 stores in North America and 20 stores in
Europe. Staples' store growth strategy follows a three-pronged approach:
continuing the growth of its store network in existing markets; entering smaller
markets, within both existing and new geographic areas; and entering major new
markets. Staples believes that its centralized distribution strategy facilitates
its aggressive store growth by enabling the Company to operate smaller stores>>
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