For the full year 2012, International Operations achieved sales of $4.4 billion, a decrease of 10 percent in U.S. dollars and a decrease of seven percent on a local currency basis compared to the prior year. Excluding the extra week of sales in 2012, sales for the full year decreased 12 percent in U.S. dollars compared to 2011. Full year 2012 operating income rate declined 256 basis points to an operating loss of 0.48 percent compared to the prior year. Excluding $20 million of accelerated Australia tradename amortization during 2012, operating income rate decreased 211 basis points to a loss of 0.02 percent. In 2012, the company closed 49 stores and opened one store, ending the year with 283 stores in Europe.Discontinued Operations
Staples, Inc. Announces Fourth Quarter And Full Year 2012 Performance
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