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 user 2009-09-11 at 12:42:00 pm Views: 35
  • #22715
    Cartridge-World Continues to ‘Ink’ Record Sales
    Two consecutive quarters of double digit same store sales growth is evidence consumers seek better value in ink and toner
    2009 EMERYVILLE, Calif. – As more and more consumers are realizing the
    value of refilling and recycling ink cartridges, Cartridge World
    franchisees are reaping the benefits. The world’s fastest growing ink
    and toner refilling retailer is reporting double digit increases in
    same-store sales for the sixth consecutive month, with domestic same
    store sales increasing 16.3% for Quarter Two over last year.

    the tough economic conditions, 55 percent of Cartridge World’s stores
    have achieved an all time high month at some point during the seven
    months of the year.”Our continued success clearly reflects the
    acceptance of our products from both consumers and businesses alike, as
    they realize the financial and environmental benefits of refilling and
    recycling their ink and toner cartridges,” said Steven Yeffa, President
    of Cartridge World Americas. “We are happy for our franchisees’ success
    during these challenging economic times and look forward to continued
    growth throughout the remainder of the year and beyond.”

    #1 in the category of toner replacement services by Entrepreneur
    Magazine’s Franchise 500, Cartridge World is continuing to see
    significant demand in the market in spite of the current economic
    climate. With the recession squeezing budgets, the ability to use
    Cartridge World for high-quality refilled and remanufactured printer
    cartridges is becoming an indispensable service for businesses and
    consumers looking to save money on office supplies.

    “The simple
    fact that our competitors continue to experience loss in revenues while
    we continue to report double-digit increases further highlights that
    consumers are fundamentally shifting to value,” Yeffa added,
    referencing Hewlett Packard’s recent announcement that its printer unit
    saw revenues down 20 percent for the second quarter as consumers cut
    back on expensive ink and printing supplies.

    In addition to the
    cost saving advantages, Cartridge World addresses environmental issues
    by showcasing its ability to refill ink cartridges without sacrificing
    quality. By doing so, Cartridge World prevents more than 9 million
    cartridges from going into landfills each year for businesses, schools,
    organizations and the average consumer.
    About Cartridge World

    CA – based Cartridge World is the world’s fastest growing ink and toner
    refilling retailer and franchisor in the $80 billion printer cartridge
    industry. The company refills and remanufactures inkjet and toner
    printer cartridges, using state-of-the-art processes and high quality
    inks and toners. It offers consumers and businesses a more affordable
    option to buying new, provides a 100% satisfaction money-back guarantee
    and helps the environment by keeping cartridges out of landfills. Voted
    #1 in the category of toner replacement services by Entrepreneur
    Magazine Franchise 500, Cartridge World has more than 1,700 franchised
    retail locations in 61 countries.