Staples To Offer Same-day Delivery In Select Metropolitan Areas

By Tomi KilgoreMarketsMarketWatch Pulse

Staples Inc. said Tuesday it will begin offering same-day delivery for online orders in select metropolitan areas. Orders placed before 3 p.m. local time will can be delivered by 7 p.m. for a fee of $14.99. The service, named "Staples Rush," is currently available in parts of Boston, Dallas and New York City, and will soon be available in Chicago, Houston, Los Angeles, San Francisco and Seattle. "Businesses want their online orders fulfilled faster than ever," said Faisal Masud, executive vice president of global e-commerce. The stock, which was indicated up slightly in premarket trade, had declined 8.9% year to date through Monday, while the S&P 500 had gained 1.7%.

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