*NEWS*STAPLES & UPS IN CHINESES VENTURE

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Date: Tuesday October 30, 2007 11:58:00 am
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    Staples, UPS Launch Co-Branded Stores In China
    October  2007: Staples Inc.  and United Parcel Service Inc. formed a joint venture to launch co-branded stores in China.The companies said Monday the stores, to be called Staples UPS Express, will provide office supplies and document-processing services from Staples, Framingham, Mass., as well as packaging and international shipping services from UPS, the Atlanta package-delivery company.The first two Staples UPS Express sites opened Monday in Beijing, and two more locations are expected to open in Shanghai by the end of the year.The companies said the move builds on their “long-term” alliance.

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