March 24, 2009

Exhibit 10.1

March 24, 2009

Barclays Bank PLC

000 Xxxxx Xxxxxx Xxxx

Xxxxxxxx, Xxx Xxxxxx  00000

Attention:  May Xxxx

Fax:  000-000-0000

Email:  Xxx.Xxxx@xxxxxx.xxx

Barclays Capital

000 Xxxx Xxxxxx

Xxx Xxxx, Xxx Xxxx  00000

Attention:  Xxxxx X. Xxxxxx

Fax:  000-000-0000

Email:  XxxxxX.Xxxxxx@xxxxxx.xxx

Re: Credit Agreement, dated April 1, 2008, by and among Staples, Inc., Barclays Bank PLC, as successor Administrative Agent, and the co-syndication agents and lenders party thereto, as amended from time to time through the date hereof (the “Credit Agreement”)

Ladies and Gentlemen:

Reference is hereby made to Section 2.6(a) (“Mandatory Commitment Reductions”) of the Credit Agreement.  Terms used herein but not defined herein shall have the meanings assigned thereto in the Credit Agreement.

Please take notice that, in accordance with Section 2.6(a) of the Credit Agreement in connection with the issuance of certain Indebtedness, Staples, Inc. hereby gives notice that, effective March 27, 2009, the Total Commitment shall be reduced by $500,000,000 resulting in a remaining Total Commitment of $761,000,000.

Please give notice to the Lenders of this reduction of the Total Commitment in accordance with Section 2.6(a) of the Credit Agreement.

	Regards,
	STAPLES, INC.
	By:	/s/ Xxxxx Xx Xxxxxx
	Name:	Xxxxx Xx Xxxxxx
	Title:	Vice President, Assistant Treasurer