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 user 2007-08-27 at 11:54:00 am Views: 97
  • #18620

    All systems go at FedEx Kinko’s
    2007 — Dallas (TX): FedEx Kinko’s has outlined an aggressive expansion
    plan to open 300 new office and print centres across the US next year.

    company will also redesign 110 existing centres and introduce 20 new
    locations internationally as part of the company’s plan to provide
    small businesses and travelling professionals with greater access to
    its office and print services, as well as the FedEx transportation
    network.Last August, the company introduced a smaller store format and
    announced plans to open 200 centres across the US. The centres, which
    have an average footprint of 1,800ft² and carry more than 700 different
    office products, have generated positive customer feedback since the
    launch. And so, the new centres to be opened next year will take the
    same format.Ken May, president and CEO, said: “With our strategic
    expansion efforts, we are opening the equivalent of one new FedEx
    Kinko’s location every business day over the 2008 fiscal year. And with
    more centres around the world, we’re making it easier than ever for
    customers to get the shipping, office and printing services they need
    in one stop.”

    The company also plans to enhance its
    international presence by opening 20 new centres outside the US. They
    will be focused in the Asia-Pacific region with 12 in China, four in
    Japan, two in Korea, and one in Australia. In addition, one new centre
    will be opened in Canada.Joe Luongo, senior VP of international
    operations, said: “The tremendous economic growth of the Asia-Pacific
    region is fuelling an increase in demand for our services. As a result,
    we are almost doubling our current presence in China and enhancing our
    strong presence in Japan.”In addition to the new locations, Kinko’s
    will also begin converting 110 existing US centres from a traditional
    format to a large-footprint retail model, which was first introduced in
    October 2005. These centres, which range from 6,000 to 10,000ft², will
    be redesigned to stock more than 2,500 different office supplies. Also,
    the locations will be reconfigured to have enhanced areas for shipping,
    computer rental and internet services.Tom Leverton, EVP and chief
    development officer, said: “At FedEx Kinko’s, we’re dedicated to growth
    and innovation. Customer needs are evolving at a rapid pace, and FedEx
    Kinko’s is driven to build our network in response.”