Staples expands printing business
Framingham, Mass. — Staples Advantage, the business-to-business division of Staples, announced that its Print Solutions business has acquired PRINTSouth Corp. (operating as “Miami Systems”), a leading national manufacturer of business forms. Customers of Staples Print Solutions and Miami Systems will benefit from expanded product and service offerings, improved distribution capabilities and shared best practices, Staples reported.
“We welcome Miami Systems to the Staples company. We share the same values and beliefs, and are committed to growing within the print solutions marketplace,” said Jay Baitler, executive VP Staples Advantage. “Together, our combined businesses will make it easy for customers through nationwide manufacturing coverage and unparalleled value and service.”
Founded in 1926, Miami Systems has evolved into a leading national provider of transactional documents and related managed services with about $70 million in sales. Miami Systems’ products and services encompass the printing and management of business forms, inserts, envelopes and labels. Its business forms product line includes computer forms, mailers, scan forms and snap-out forms.
NRF supports extension of Bush-era tax cuts
Washington, D.C. — The National Retail Federation has announced its support of a tentative bipartisan agreement that would temporarily extend Bush-era tax cuts for all taxpayers regardless of income in return for extending unemployment benefits.
“Failure to renew these tax cuts would result in a massive tax increase at a time when our nation’s economy is still struggling to recover,” said NRF president and CEO Matthew Shay. “Higher taxes would stand in the way of creating the jobs that are vital to achieving economic recovery and would threaten to plunge us back into the recession that many consumers aren’t convinced is really over yet. Keeping current tax rates in place will allow retailers and other sectors of the economy to push forward with job creation. Adding a payroll tax cut to the mix will help with that effort while boosting consumer spending as well.”
“While many disagree on whether the tax cuts should be extended for those seen as wealthy, we cannot afford to subject all taxpayers to an increase while that debate continues,” Shay said. “Extending the cuts on a temporary basis is a prudent move that will allow our economy to regain stability while policymakers seek to settle that question. Many of the ‘wealthy’ taxpayers who will benefit from this agreement are small business owners whose business income is taxed as personal income and who are working every day to create jobs.”
Shay urged Congress to adopt the agreement by the end of the month, noting that employers will be obligated to increase workers’ tax withholdings beginning in January if legislation renewing the Bush cuts is not enacted by then.
NRF also welcomed a provision of the agreement that would set the federal estate tax rate at 35% on estates of $5 million and higher beginning in January. The estate tax was temporarily eliminated at the beginning of 2010 but returns to the Clinton-era level of 55% on estates of $1 million or more in January if Congress does not act. High estate taxes in the past have made it difficult for family-owned retail businesses to be passed from one generation to the next, according to NRF.
Giant-Landover president to exit at end of year
Landover, Md. — Two-and-a-half years after joining the company, Robin Michel is leaving as president of the Giant-Landover division of Ahold USA to pursue other opportunities, the company confirmed Monday.
Michel will depart at the end of the month, according to Ahold USA spokesperson Sara Neumann. She will be replaced on a temporary basis as operations chief by Don Sussman, executive VP supply chain at Ahold, while the company conducts a search for a successor.
Michel, a veteran of Milwaukee-based Roundy’s Supermarket, joined Giant in June 2008 as executive VP and general manager. Her appointment as the Maryland-based supermarket chain’s top manager was part of a major overhaul in management and operational structure at both Giant and its Braintree, Mass.-based parent company, a division of the Dutch-based Ahold retail conglomerate.
As part of that realignment, Ahold USA broke its two U.S. divisions into four parts — consisting of Stop & Shop New England, Stop & Shop Metro New York, Giant-Landover and Giant-Carlisle — to make them more nimble and responsive to local market conditions. In line with that change, Carl Schlicker, who formerly oversaw the Stop & Shop/Giant-Landover division under the old corporate structure, was named CEO of the four U.S. operations of Ahold USA Retail.
The renewal effort is ongoing at Giant-Landover.
“Giant plans 26 new and remodeled or expanded stores during the next 12 months,” the company reported on its website, “with much larger produce departments and salad bars,” as well as gourmet meat shops, expanded delis, more natural and organic foods, pharmacies, Staples office supplies and “entertainment centers featuring books, magazines and DVDs.”