Cartridge World Achieves Growth Milestones for 2009
Global ink and toner refilling retailer and franchisor ends the year with system-wide sales increases
March 11, 2010 // Franchising.com // EMERYVILLE, Calif. – As most retailers were feeling the strain of the recession in 2009, Cartridge World, the world's largest dedicated retailer of refilled ink and toner printer cartridges, has experienced record-setting growth announcing incredible same store sales increases for the third year in a row.
As the leader in the $80 billion printer cartridge industry, Cartridge World experienced a 16 percent increase in same-store sales in the United States over 2008. Cartridge World's sales have skyrocketed relative to the economic slowdown as more consumers and business owners are opting for ways to save money on ink costs by refilling cartridges, instead of always buying new.
"We attribute another record breaking year to the success and dedication of our franchisees system-wide and we look forward to another great year in 2010," said Steven Yeffa, President of Cartridge World Americas. "Our growth 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."
With more than 1,700 locations worldwide and new locations opening this year, Cartridge World has struck a chord with consumers, small business owners and leaders of the world's largest organizations for its ability to save purchasers hundreds and sometimes thousands of dollars on their ink and toner costs. Although consumers have cut back on many things, the demand for ink is a necessary aspect of daily life and business owners as well as families have turned to Cartridge World to reduce their operating expenses, and household budgets, during this financial crisis.
Professionally refilled and remanufactured cartridges are becoming an indispensable service for businesses and consumers looking to save money on office supplies and adopt green practices. Cartridge World prevents more than 9 million cartridges from going into landfills each year for businesses, schools, organizations and the average consumer.
"Continually educating consumers on their options for printer cartridges backed by a 100% satisfaction guarantee assures that they're getting a product that works, allows them to save money and help the environment, is a win all the way around, "said Yeffa.
Cartridge World addresses environmental issues by showcasing its ability to refill ink cartridges an average of three to eight times, without sacrificing quality. All Cartridge World products come with a 100 percent money-back guarantee on quality and offer substantial savings over buying new.
Voted #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.
About Cartridge World
Emeryville, 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 percent 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 for 2010, Cartridge World has more than 1,700 franchised retail locations in 61 countries.