July 26, 2023
Top 40 Distributors 2023: No. 3 Staples Promotional Products
Counselor’s exclusive ranking of the distributors with the most revenue in the promo products market.
Staples Promotional Products
(asi/120601)
Company Snapshot
Revenue figures are in $millions
Previous Rank: 3
2022 Revenue: $888.2 (Estimate)
2021 Revenue: $740.1
Year-Over-Year Difference: 20.0%
2020 Revenue: $643.6
2019 Revenue: $601.6
Top Company Officer: Daron Hines, President
Year Founded: 1946
Headquarters: Overland Park, KS
Counselor estimates that the Overland Park, KS, company grew revenue by 20% in 2022. Staples Promotional Products (SPP) has pursued a number of initiatives since Power 50 member Daron Hines took over as president in January 2022, from augmenting internal processes to deepening supply chain partnerships to building up the company’s culture.
One of the biggest has been sustainability. In December, the company partnered with EcoVadis and launched what Hines called the industry’s first “unbiased sustainable procurement platform.” A company sustainability report released in March noted, among other highlights, that SPP’s 500,000-square-foot facility is 100% powered by green energy and diverts 98.8% of all generated waste from landfills. SPP earned a silver rating from EcoVadis (ranking it among the top 25% of companies) with a goal of earning platinum status by 2025.