FedEx Kinko’s to open 200 new stores

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FedEx Kinko’s has announced it will open 200 new-look stores throughout the US in 2007.

 

The new ‘convenient’ store format, unveiled at the firm’s Dallas head office last month, will carry twice the number of office products and feature enhanced pack-and-ship stations alongside the existing self-service copy and computer rental services.

 

"This new concept is part of our larger vision to give customers more access to our office and print services and the FedEx transportation network," said Kenneth May, president and CEO of FedEx Kinko’s. "The expanded office supply offerings and enhanced pack-and-ship capabilities will make FedEx Kinko’s even more convenient for small business owners and mobile professionals."

 

The new stores, or ‘centres’ as FedEx describes them, are expected to be in place by June next year. The design was chosen following 12 months of research and testing by the firm and provides a cost-effective solution which the company says cuts its overheads by 50 percent. With an average footprint of 1,800 square feet, the smaller layout allows Kinko’s to open in more locations than would be possible with its traditional 6,000 sq ft sites.

 

The centres will carry an ‘enhanced’ selection of business papers and writing instruments, as well as new technology offerings such as DVD media, flash drives, and mobile phone accessories. The pack-and-ship stations will feature more shipping supplies and materials, allowing customers to pack items on-site and ship via FedEx Express or FedEx Ground.

 

In a statement, the company said the smaller concept is designed to manage growth efficiently by reducing costs associated with construction, equipment and overheads.

 

The centres will be digitally-connected to FedEx Kinko’s network, reducing the need for duplicate machines. Some larger jobs, including signs and graphics, will be processed via the FedEx Kinko’s digital hub-and-spoke network.

 

"With this new concept, FedEx Kinko’s is poised to grow in a smart and efficient manner," added May. "It is a big step toward providing more convenience for customers while improving and growing our overall business."

 

The 200 new locations will increase the total number of FedEx Kinko’s outlets to 1,700 worldwide.