Thomas Stemberg
 


 

Age: 66



Summary:
founder and former chief executive officer of Staples, Inc. who revolutionized the office supplies retail business while he was a New England grocery executive but left after a dispute with his bosses and came up with the idea of Staples after driving around the Boston area searching unsuccessfully for printer ribbon on a July 4th weekend in 1985 when stores were closed, in which Staples grew into a chain with $22.5 billion in revenue and 83,000 employees in 2014 and it was among the first big-box stores that applied price pressure on competitors and lured shoppers from downtown stores and shopping malls.




Cause of Death: Stomach cancer



Born: January 18, 1949


 
Died: October 23, 2015



Location:
Chestnut Hill, Massachusetts