Staples names final members to its Small Business Hall of Fame
CHICAGO – Staples and the Chicago Bears have announced that McHenry-based Frost Dental Lab and M&M Custom Flooring of New Lenox are the final “enshrinees” to be named to the Staples Small Business Hall of Fame. These Chicagoland small businesses join previous winners Markatay Inc. and Tasty Catering to make up the Staples Small Business Hall of Fame Class of 2010.
In keeping with its commitment to helping small businesses, Staples said it developed the program to make it easy to for local companies to have a chance to win one of the four Hall of Fame spots. The Staples Small Business Hall of Fame Sweepstakes was open to all Chicagoland small businesses this fall by entering at www.StaplesHallofFame.com.
“Frost Dental Lab is very excited to be named the third winner in the Staples Small Business Hall of Fame sweepstakes,” said Scott Frost, president of Frost Dental Lab. “We are a small company, but we’re dedicated to providing high-quality product and service to all of our dental office customers.”
Michelle Thompson, president of M&M Custom Flooring, echoed those same thoughts. “Providing a small business such as ours with a platform like the Staples Small Business Hall of Fame shows Staples’ commitment to business owners, and we are truly honored to be a part of the program.”
In addition to being named to the Staples Small Business Hall of Fame, winners received a prize package featuring a $2,000 Staples gift card, a free onsite consultation with a Staples EasyTech, two annual Economy Plus options and one annual Red Carpet Club membership from United Airlines, and a $200 Wildfire gift certificate. Representatives from each company were also on hand at Soldier Field in December when the Bears took on the New England Patriots.
Staples will also be making a $1,000 donation to the charity of each company’s choice.
RILA responds to tax package nod
Arlington, Va. — The Retail Industry Leaders Association said Friday that it applauds the final passage of a bipartisan agreement for extending critical individual and business taxes.
“RILA applauds lawmakers in both the House and Senate for acting to provide tax relief for both businesses and consumers,” said RILA executive VP for public affairs Katherine Lugar, in response to House passage of the 2010 Tax Relief Act. “Those who negotiated and supported the final package of tax cuts deserve credit for preventing an enormous tax increase on millions of taxpayers and job creators.”
RILA emphasized that the tax package is good news for retailers heading into the New Year. “With the President’s signature, this package will put money back in the pockets of consumers and end the uncertainty many job providers were facing regarding their tax liabilities in 2011,” said Lugar.
Best Buy expands health and fitness offerings
Minnepolis — Best Buy Co. said Friday it is expanding its health-and-wellness offerings to 600 stores nationwide.
The products, which include heart-rate monitoring watches, pedometers, yoga mats, scales and blood pressure monitors, have been tested by Best Buy in 40 stores in multiple markets and will now undergo rollout.
In its most recent quarter, Best Buy’s net income fell 4%, and revenue dipped 1% to $217 million.