The partnership will bring 3D printing services to two stores in New York City and Los Angeles as part of a pilot program. The stores will have a 3D printing center where customers can create their own 3D objects, or bring in their 3D printer-ready files to have them printed.
The stores will have trained employees who can teach customers about 3D printing and guide them through the process. Each store will also have a 3DMe Photobooth that will capture a person's face to create personalize figurines.
"3D printing offers enormous potential for small businesses, and by using Staples, they can print with the technology without having to invest in it," Staples senior vice president of business services Damien Leigh said in a statement.
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TheStreet Ratings team rates STAPLES INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate STAPLES INC (SPLS) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself."