Staples Eyes Expansion

Framingham, Mass., Staples Inc. has announced that it is on track to deliver a 15% to 20% 3Q profit increase, will open 20 to 25 stores by the end of next year, and said it is upping its long-term goal of private-label sales to 30%.

In an announcement that precedes its analyst conference, Staples also said it is testing a stand-alone copy and print shop to compete with Kinko’s; four will open in Boston this month.