Staples Inc picks Canadian president to be new head of North American retail network

FRAMINGHAM, Mass. — The Staples office supplies company has chosen the president of its Canadian arm to be the new head of its North American retail network.

Steve Matyas will be filling a vacancy as president of North American retail that was created following a failed attempt to merge Staples with Office Depot.

He replaces Shira Goodman, who become interim chief executive last month after Ron Sargent agreed to step aside in May.

Goodman says that a realignment of retail leadership at Staples will strengthen the company’s position as it continues to “right size” its store network and meet the changing needs of its business customers.

Staples Inc. announced in May that its first-quarter sales were down three per cent from the same time last year and it expected a further year-over-year decline in the current second quarter.

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Read the original at News – Financial Post.