Pennies Go Long Way in Staples Deal with NY State
By CAROLYN THOMPSON, Associated Press
BUFFALO, N.Y. (AP) — Staples, Inc. is practically giving stuff away under a new contract with New York state, charging just a penny for hundreds of items ranging from batteries and pens to surge protectors and even paper shredders that normally sell for more than $1,000 each.
The price list thrilled buyers at first. But as word spreads about the deals some government agencies are having trouble finding many of the bargain items in stock.
Staples was selected from among 10 bidders for the contract to be New York’s primary supplier of office products.
But just two months into the three-year contract, the state Office of General Services says it’s receiving calls daily about items being unavailable and is working with Staples on the issue.
Staples, based in Framingham, Mass., declined to comment.