Staples’ Profits Rise 36% for Q2 2011

Framingham, Massachusetts-based Staples reported a 36 percent rise in the company’s net income for the second quarter, with sales increased 5.2 percent. The company, which owns promotional products distributor Staples Promotional Products and business-to-business division Staples Advantages, had a net income of $176.4 million for the quarter, an increase over the $129.8 million profit from the second quarter 2010.

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Leed’s Offering Free Decorating Upgrades

Personalization on metal pens and free embroidery on select blankets and bags are among the special promotions being offered through the end of the year by Leed’s to help drive distributors’ year-end sales.

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