The UPS Store: Difference between revisions
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{{Short description|American chain of shipping and packaging stores}} |
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{{ad|date=February 2012}} |
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{{Use mdy dates|date=May 2023}} |
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{{Infobox company |
{{Infobox company |
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| name |
| name = The UPS Store |
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| logo = The UPS Store Logo (New).jpg |
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|Image:The UPS Store Pinckney Michigan.JPG|thumb|200px|right|The UPS Store, [[Pinckney, Michigan]] |
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| image = |
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| image_caption = |
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| foundation = [[1980]] |
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| type = [[Subsidiary]] |
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| industry = [[Retail]] |
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| foundation = {{start date and age|1980|8|1}} (as [[Mail Boxes Etc.]])<br>2003 (as The UPS Store) |
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| industry = [[Retail]] and [[Franchising]] |
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| parent = [[United Parcel Service]] |
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}} |
}} |
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[[Image:The UPS Store Pinckney Michigan.JPG|thumb|200px|right|The UPS Store, [[Pinckney, Michigan]]]] |
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'''The UPS Store''' (formerly the United States arm of [[Mail Boxes Etc.]]) is a franchised [[subsidiary]] of [[United Parcel Service]] which provides, according to its website, [[Freight transport|shipping]], [[Paper shredder|shredding]], [[printing]], [[fax]], [[passport photo]]s, [[Letter box|personal and business mailboxes]], and [[Notary|notary services]].<ref>{{Cite web|title=Pack and Ship, Print, Mailboxes and more - The UPS Store|url=https://www.theupsstore.com/|access-date=May 24, 2021|website=www.theupsstore.com|language=en}}</ref><ref>{{cite report |date= March 30, 2020 |title= US Industry (Specialized) Report OD5561 Packing & Shipping Service Franchises |url= https://www.ibisworld.com/united-states/market-research-reports/packing-shipping-service-franchises-industry/ |publisher= IBISWorld |page= 30 |access-date= March 26, 2021 |quote= The UPS Store is the world's largest franchisor of retail shipping, postal, printing and business service centers. Headquartered in San Diego, it operates as a wholly owned subsidiary of United Parcel Service Inc.}}</ref> |
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'''The UPS Store''' network is [http://www.entrepreneur.com/franchises/upsstorethemailboxesetc/282553-0.html the nation’s largest]<ref name=Entrepreneur>{{cite web|title=Entrepreneur Magazine|url=http://www.entrepreneur.com/franchises/upsstorethemailboxesetc/282553-0.html|accessdate=13 December 2011}}</ref><ref name=FranchiseMall>{{cite web|title=The Franchise Mall|url=http://www.thefranchisemall.com/franchises/details/10888-0-The_UPS_Store.htm|accessdate=13 December 2011}}</ref><ref name=FranchiseDirect>{{cite web|title=Franchise Direct|url=http://www.franchisedirect.com/mailingshippingfranchises/the-ups-store-franchise-05563/ufoc|accessdate=13 December 2011}}</ref><ref>{{cite web|title=Franchise Solutions|url=http://www.franchisesolutions.com/franchisenews/2011/02/UPS-President-of-Sales.cfm|accessdate=13 December 2011}}</ref> franchisor of retail shipping, postal, printing and business service centers. Today, there are nearly 4,700 independently owned The UPS Store locations in the U.S., Puerto Rico and Canada. Mail Boxes Etc., Inc., franchisor of The UPS Store brand, is a wholly owned subsidiary of United Parcel Service of America, Inc. (UPS). |
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== History == |
== History == |
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In March 2001, [[United Parcel Service|UPS]] acquired [[Mail Boxes Etc.|Mail Boxes Etc]].,<ref>{{cite news |last= Herper |first= Matthew |date= March 5, 2001 |url= https://www.forbes.com/2001/03/05/0305ups.html?sh=173298fb5983 |title= UPS Picks Up Mail Boxes Etc. |work= [[Forbes]] |accessdate= March 26, 2021 |quote= The express carrier said today it is paying $191 million in an all-cash transaction for Mail Boxes Etc., a chain of 4,300 packing and shipping centers.}}</ref> which was founded in 1980 as an alternative to the [[United States Postal Service|post office]].<ref>{{cite news |last= Apodaca |first= Patrice |date= August 28, 1990 |url= https://www.latimes.com/archives/la-xpm-1990-08-28-fi-92-story.html |title= Post Office Alternative Changes Its Route : Franchising: Mail Boxes Coast to Coast has had a hard time making a profit, but selling its Long Island network has helped. |publisher= |accessdate= March 26, 2021 |quote= Mail Boxes Coast to Coast Inc. in Encino is the largest franchiser for Mail Boxes Etc., the San Diego-based company that has gained attention with its nationwide network of post office alternative stores and steady earnings gains. Since it was founded in 1980, Mail Boxes Etc. has grown to $25.7 million a year in revenues and about $1.5 million in net income. Mail Boxes Etc. stores provide the usual postal services, such as letter mailing and private box rentals, plus other office and shipping services.}}</ref> In February 2003, UPS rebranded more than 3,000 Mail Boxes Etc. locations as The UPS Store.<ref>{{cite news |date= February 10, 2003 |url= https://www.bizjournals.com/atlanta/stories/2003/02/10/daily3.html |title= UPS to convert Mail Boxes Etc. into UPS Stores |publisher= [[American City Business Journals|Atlanta Business Journal]] |accessdate= March 26, 2021 |quote= United Parcel Service Inc. plans to convert 3,300 Mail Boxes Etc. (MBE) stores in the 48 contiguous United States into The UPS Stores.}}</ref> Each location is independently owned.<ref>{{cite news |last= Tash |first=Joe |date=July 23, 2019 |url= https://www.nbcsandiego.com/news/local/ups-store-independent-franchising-model-retail-shipping-copies-mail-san-diego/78235/ |title= Independent Owners, Big Brand Drive UPS Store |publisher= [[KNSD|NBC San Diego]] |accessdate= March 26, 2021 |quote= Under The UPS Store’s business model, all of its locations are franchises, meaning they are owned by independent entrepreneurs, rather than by the company.}}</ref> |
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The Mail Boxes Etc. concept was introduced in 1980 as an [http://www.entrepreneur.com/franchises/upsstorethemailboxesetc/282553-0.html alternative to the post office].<ref name=Entrepreneur /> In 2001, UPS acquired Mail Boxes Etc., Inc. The two companies introduced The UPS Store brand in 2003, and approximately 3,000 locations were re-branded. This allowed those franchises to offer lower UPS-direct shipping rates. In the year following the re-branding, Mail Boxes Etc., Inc. [http://www.theupsstore.com/about/Pages/index.aspx sold more than 500 new The UPS Store franchise locations in the United States]. The UPS Store provides convenient business solutions and reliable customer experience. The UPS Store franchise locations remain locally owned and operated. |
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The UPS Store franchises offer consumers and [http://www.marketwatch.com/story/the-ups-store-and-us-postal-service-team-up-to-promote-small-business-2011-09-22 small businesses a wide range of products and services]<ref name=SmallBusiness>{{cite news|title=The UPS Store and U.S. Postal Service Team up to Promote Small Business|url=http://www.theupsstore.com/about/media-room/Pages/the-ups-store-and-the-us-postal-service-team-up-to-promote-small-business.aspx|accessdate=13 December 2011|date=22 September 2011}}</ref><ref name=SMB>{{cite news|title=Entrepreneurs getting work done at shipping sites|url=http://www.suntimes.com/photos/galleries/8578067-417/entrepreneurs-getting-work-done-at-shipping-sites.html|accessdate=13 December 2011|newspaper=Chicago Sun-Times|date=4 November 2011}}</ref> in a single location, including domestic and international shipping, packaging, printing, mailbox services, postal services, moving supplies and other business services. |
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=== Printing Services === |
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Advertised as a one-stop shop for consumers and small businesses, The UPS Store has a wide range of document-related services. Printing services include: |
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* Digital Printing and Copying – From full-color to black-and-white, digital printing and copying options are available. The UPS Store can help consumers and businesses produce produce customized, original documents, including marketing and training materials, flyers, newsletters, posters, banners and more. |
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* Document Finishing – The UPS Store can finish documents to help complete projects. They offer binding, laminating, folding, padding, collating, cutting and drilling options. |
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* Custom Printing – The UPS Store franchise locations have professional custom printing solutions designed for both personal and business printing needs, including stationery, business cards, labels, forms, rubber stamps and [http://www.theupsstore.com/ more]. |
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=== Mailbox and Postal Services === |
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The UPS Store offers customers a mailbox solution that includes a real street address and, at most locations, 24-hour access to mail and package deliveries. Mailbox holders can select to receive an email or text when they have a package waiting, eliminating unnecessary trips. Additional mailbox services include mail forwarding, fax receiving and package acceptance from all shipping carriers. |
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=== Corporate Retail Solutions === |
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Corporate Retail Solutions (CRS) is a program designed to foster long-term relationships between The UPS Store franchise locations and enterprise clients. This program provides clients viable business solutions that allow them to improve their operations and enhance the customer service [http://www.usatoday.com/money/perfi/basics/story/2011-11-16/bank-branches/51244020/1 experience].<ref name=CorporateRetailSolutions>{{cite news|title=Will bank branches wither away?|url=http://www.usatoday.com/money/perfi/basics/story/2011-11-16/bank-branches/51244020/1|accessdate=13 December 2011|newspaper=USA Today|date=16 November 2011}}</ref><ref>{{cite web|title=Franchise Key|url=http://www.franchisekey.com/us/franchise/the-ups-store-usa.htm|accessdate=13 December 2011}}</ref><ref>{{cite web|title=Internet Franchises|url=http://www.internetfranchises.co.uk/the-ups-store-franchise-information#|accessdate=13 December 2011}}</ref><ref>{{cite web|title=Stoughton City Guide|url=http://www.stoughtoncityguide.com/business/listing/business/276904/The-Ups-Store|accessdate=13 December 2011}}</ref><ref>{{cite web|title=Insurance of Insurance|url=http://www.insuranceofinsurance.com/general/the-ups-store-franchise/|accessdate=13 December 2011}}</ref><ref>{{cite web|last=Carmichael|first=Evan|title=Evan Carmichael|url=http://www.evancarmichael.com/Franchises/682/The-UPS-Store-Franchise-Information.html|accessdate=13 December 2011}}</ref> |
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== Locations == |
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The UPS Store has more than [http://www.entrepreneur.com/franchises/upsstorethemailboxesetc/282553-0.html 4,700 independently owned locations]<ref name=Entrepreneur /> within the United States and abroad. The UPS Store franchise locations offer convenient and value-added business services to small-office/home-office (SOHO) marketing, corporate offices and consumers. |
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In addition to traditional locations in shopping centers and commercial complexes, [http://www.theupsstore.com/pages/locations.aspx The UPS Store locations] can be found on college campuses, military bases, convention centers, hotels and urban renewal areas/empowerment zones in order to provide more convenient locations to specific groups of customers. |
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== Franchises == |
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The UPS Store franchise opportunities are available to “[http://www.franchisesolutions.com/franchise/The_UPS_Store.cfm qualifying entrepreneurs].<ref name=Entrepreneur /><ref name=FranchiseDirect /><ref name=qualifyingentrepreneurs>{{cite web|title=Franchise Solutions|url=http://www.franchisesolutions.com/franchise/The_UPS_Store.cfm}}</ref><ref name=IFA /><ref name=IFA /><ref>{{cite web|title=My Fran Connect|url=https://www19.myfranconnect.com/ups/captivate/financial-requirements.html|accessdate=13 December 2011}}</ref><ref>{{cite web|title=Franchise.com|url=http://www.franchise.com/franchise/printing-packaging-shipping/packaging/the-ups-store/company-information.cfm|accessdate=13 December 2011}}</ref><ref>{{cite web|title=Franchise.com - Investment, Training, Support|url=http://www.franchise.com/franchise/printing-packaging-shipping/packaging/The-UPS-Store/investment-training.cfm|accessdate=13 December 2011}}</ref><ref>{{cite web|title=Franchise Direct - Financials|url=http://www.franchisedirect.com/mailingshippingfranchises/the-ups-store-franchise-05563/financials/|accessdate=13 December 2011}}</ref>” The UPS Store has development opportunities throughout the United States. A [http://www.franchise.org/The_UPS_Store_Mail_Boxes_Etc_Inc_franchise.aspx Franchise Development Team]<ref name=IFA>{{cite web|title=International Franchise Association|url=http://www.franchise.org/The_UPS_Store_Mail_Boxes_Etc_Inc_franchise.aspx|publisher=International Franchise Association|accessdate=13 December 2011}}</ref> is available to guide potential The UPS Store franchise owners through the process of business ownership. |
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Through an association with Franchise America Finance™ and The Bancorp Bank, The UPS Store offers a national [http://www.pressroom.ups.com/Press+Releases/Archive/2011/Q1/ci.The+UPS+Store+Lines+Up+$22.5+Million+for+Franchisee+Lending+Program.print funding option for qualified franchisee candidates].<ref name=financing>{{cite news|title=UPS Store Makes $22.5 Million Available for Franchisee Loans|url=http://www.bloomberg.com/news/2011-02-14/ups-store-makes-22-5-million-available-for-franchisee-loans.html|accessdate=13 December 2011|newspaper=Bloomberg|date=14 February 2011}}</ref> |
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The UPS Store provides [http://online.wsj.com/article/SB10001424052970204083204577083012792081048.html?mod=WSJ_SmallBusiness_LEADNewsCollection financial incentives]<ref name=vetfran>{{cite news|title=Military Veterans Prepare for a New Role|url=http://online.wsj.com/article/SB10001424052970204083204577083012792081048.html?mod=WSJ_SmallBusiness_LEADNewsCollection|accessdate=13 December 2011|newspaper=Wall Street Journal|date=8 December 2011}}</ref> to qualifying U.S. military veterans, including $10,000 off the franchise fee of a new The UPS Store location and 75% off the initial application fee (applied toward the total franchise fee). |
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The UPS Store offers [[Freight transport|shipping]], packaging, [[printing]], [[Paper shredder|shredding]], [[Notary|notary services]] and postal services for individual consumers and small businesses.<ref>{{cite report |date= March 30, 2020 |title= US Industry (Specialized) Report OD5561 Packing & Shipping Service Franchises |url= https://www.ibisworld.com/united-states/market-research-reports/packing-shipping-service-franchises-industry/ |publisher= IBISWorld |page= 30 |access-date= March 26, 2021 |quote= Franchisees of The UPS Store offer packing and shipping services alongside a variety of business solutions, including copy and print services, mailbox services, computer time rentals and more…}}</ref><ref>{{cite news |last=Bednarski |first=PJ |date= September 18, 2018 |url= https://www.mediapost.com/publications/article/325297/beyond-shipping-spots-capture-the-excitement-or.html |title= 'Beyond ShippING' Spots Capture The Excitement (Or Not) Of UPS Store |publisher= MediaPost |accessdate= March 26, 2021|quote= UPS is calling it the “Beyond ShippING” campaign, with a spot in which actors rattle off all those other “ing” things -- printing, packing, shredding, notarizing, supplying, sizing, mailboxing, scanning and more -- that the 4,700 UPS Stores nationwide provide.}}</ref><ref>{{cite news |last= Olson |first= Elizabeth |date= September 19, 2012 |url= https://www.nytimes.com/2012/09/20/business/media/ups-bills-stores-as-small-business-solution.html |title= U.P.S. Bills Stores as Small-Business Solution |work= [[The New York Times]] |accessdate= March 26, 2021 |quote= a third of the customers of the 4,300 UPS Stores are small businesses — with 10 or fewer people or individuals — that accounted for 75 percent of overall revenue. }}</ref> Franchise locations are typically found on or near military bases, hotels, colleges, shopping centers and convention centers.<ref>{{cite report |date= March 30, 2020 |title= US Industry (Specialized) Report OD5561 Packing & Shipping Service Franchises |url= https://www.ibisworld.com/united-states/market-research-reports/packing-shipping-service-franchises-industry/ |publisher= IBISWorld |page= 30 |access-date= March 26, 2021 |quote= They are traditionally located in and around densely populated commercial areas, such as shopping centers, college campuses, military bases, convention centers, hotels and urban renewal areas.}}</ref> {{As of|alt=As of 2021|2021|03|post=,}} there were 5,268 UPS Store locations across the United States and Canada.<ref>{{cite web|title=The UPS Store|url=https://www.entrepreneur.com/franchises/upsstorethe/282553|access-date=March 26, 2021|publisher=[[Entrepreneur (magazine)|Entrepreneur]]|quote=# of Units: 5,268 (as of 2020); Franchises are located throughout the United States and in Canada.}}</ref> |
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Each UPS Store also serves as an access point for UPS shipping where customers can drop off packages with prepaid labels, as well as pack and ship new shipments.<ref>{{Cite web|title=Domestic Shipping Services in the U.S. {{!}} The UPS Store|url=https://www.theupsstore.com/pack-ship/domestic-shipping|access-date=May 24, 2021|website=www.theupsstore.com}}</ref> |
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== Industry Recognition == |
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The UPS Store has been named the [http://www.entrepreneur.com/franchises/upsstorethemailboxesetc/282553-0.html No. 1 postal and business services franchise]<ref name=Entrepreneur /> for 21 consecutive years by Entrepreneur Magazine in their annual “Franchise 500.” USA Today and G.I. Jobs named The UPS Store franchise opportunity in the [http://www.franchises4vets.com/download/Top50-DigitalArticle-2010.pdf 50 Top Franchises for Military Veterans].<ref name=veterans>{{cite web|title=50 Top Franchises for Military Veterans|url=http://www.franchises4vets.com/download/Top50-DigitalArticle-2010.pdf|accessdate=13 December 2011}}</ref> The UPS Store franchise network was named [http://www.theupsstore.com/about/media-room/pages/050809_press_release.aspx American Brand Excellence Award Winner] in the Retail category by City Business Journals. |
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The UPS Store's other major industry is printing. The store offers brochures, door hangers, car magnets, flyers, yard signs, menus for restaurants, manuals, and [[3D printing]].<ref>{{Cite web|title=StackPath|url=https://www.cpapracticeadvisor.com/small-business/news/11079073/the-ups-store-to-offer-3d-printing-services-for-smbs|access-date=May 24, 2021|website=www.cpapracticeadvisor.com|date=August 6, 2013 }}</ref><ref>{{Cite web|title=Custom Print Services {{!}} The UPS Store|url=https://www.theupsstore.com/print|access-date=May 24, 2021|website=www.theupsstore.com|language=en}}</ref> |
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== Community Relations == |
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The UPS Store network works with the Marine [[Toys for Tots]] Foundation to provide books to less fortunate children through the [http://www.toysfortots.org/literacy/ Toys for Tots Literacy Program]. Many The UPS Store franchise locations take an active role in the local communities through these programs. |
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== Awards == |
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Launched in March 2008, the Toys for Tots Literacy Program is the first year-round initiative of the Marine Toys for Tots Foundation. This program offers the nation’s most economically disadvantaged children the ability to compete academically and succeed in life by providing them direct access to books and educational resources. The UPS Store franchise locations raise money throughout the year through a variety of activities. One hundred percent of all proceeds raised support local children and literacy programs. According to the Marine [http://support.toysfortots.org/site/MessageViewer?em_id=3261.0&dlv_id=7481 Toys for Tots] Foundation, more than $1.7 million has been contributed to the program since its inception. |
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In 2019 and 2020, The UPS Store was ranked fifth overall among the top franchise brands in [[Entrepreneur (magazine)|Entrepreneur Magazine]]’s [[Franchise 500]] list.<ref>{{cite news |last= Herold |first= Tracy |date= April 14, 2020 |url= https://www.entrepreneur.com/article/348551 |title= The Best Franchise Brands of 2020 |publisher=[[Entrepreneur (magazine)|Entrepreneur]] |accessdate= March 26, 2021|quote= We’ve crunched the numbers from our 2020 Franchise 500 list, identifying the 113 companies that performed best in their categories. Among them, you’ll naturally find a lot of familiar names — companies that have dominated their categories for decades. Postal & Business Centers - The UPS Store. 2019 Franchise 500 Rank: 5}}</ref> The company ranked third on the Franchise 500 list in 2021.<ref>{{cite web |url= https://www.entrepreneur.com/franchise500/2021 |title= 2021 Franchise 500 Ranking |publisher=[[Entrepreneur (magazine)|Entrepreneur]] |access-date= March 26, 2021 |quote= #3 The UPS Store. Postal & Business Centers}}</ref> |
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== References == |
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{{reflist}} |
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== External links == |
== External links == |
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{{commons category|The UPS Store}} |
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* [http://online.wsj.com/article/SB10001424052970204083204577083012792081048.html?mod=WSJ_SmallBusiness_LEADNewsCollection/ Military Veterans Prepare for a New Role] |
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*{{Official website}} |
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* [http://www.entrepreneur.com/franchises/upsstorethemailboxesetc/282553-0.html/ Entrepreneur Magazine Franchise 500] |
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* [http://www.toysfortotsliteracy.org/ Toys for Tots Literacy Program] |
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* [http://www.ups.com/content/us/en/locations/store/ The UPS Store locations] |
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* [http://www.franchiseopportunities.com/Zor_13/The_UPS_Store.htm FranchiseOpportunities.com] |
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* [https://franchise.theupsstore.com/ The UPS Store Franchise Opportunity] |
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* [http://www.thefranchisemall.com/franchises/details/10888-0-The_UPS_Store.htm TheFranchiseMall.com] |
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* [http://blog.ups.com/tag/franchise/ UPS Blog] |
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* [http://www.franchise.org/The_UPS_Store_Mail_Boxes_Etc_Inc_franchise.aspx International Franchise Association] |
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{{UPS}} |
{{UPS}} |
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{{Use dmy dates|date=January 2012}} |
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{{DEFAULTSORT:UPS Store}} |
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[[Category: |
[[Category:Companies based in San Diego]] |
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[[Category: |
[[Category:American companies established in 1980]] |
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[[Category: |
[[Category:Retail companies established in 1980]] |
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[[Category: |
[[Category:American companies established in 2003]] |
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[[Category:Retail companies established in 2003]] |
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[[Category:United Parcel Service|Store]] |
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[[Category:Printing companies of the United States]] |
Latest revision as of 00:03, 17 September 2024
Company type | Subsidiary |
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Industry | Retail and Franchising |
Founded | August 1, 1980Mail Boxes Etc.) 2003 (as The UPS Store) | (as
Headquarters | San Diego, California, U.S. |
Area served | United States and Canada |
Services | Packaging and labeling, Shipping, Postal, Printing, and Business Services |
Parent | United Parcel Service |
Website | theupsstore |
The UPS Store (formerly the United States arm of Mail Boxes Etc.) is a franchised subsidiary of United Parcel Service which provides, according to its website, shipping, shredding, printing, fax, passport photos, personal and business mailboxes, and notary services.[1][2]
History
[edit]In March 2001, UPS acquired Mail Boxes Etc.,[3] which was founded in 1980 as an alternative to the post office.[4] In February 2003, UPS rebranded more than 3,000 Mail Boxes Etc. locations as The UPS Store.[5] Each location is independently owned.[6]
Services
[edit]The UPS Store offers shipping, packaging, printing, shredding, notary services and postal services for individual consumers and small businesses.[7][8][9] Franchise locations are typically found on or near military bases, hotels, colleges, shopping centers and convention centers.[10] As of 2021,[update] there were 5,268 UPS Store locations across the United States and Canada.[11]
Each UPS Store also serves as an access point for UPS shipping where customers can drop off packages with prepaid labels, as well as pack and ship new shipments.[12]
The UPS Store's other major industry is printing. The store offers brochures, door hangers, car magnets, flyers, yard signs, menus for restaurants, manuals, and 3D printing.[13][14]
Awards
[edit]In 2019 and 2020, The UPS Store was ranked fifth overall among the top franchise brands in Entrepreneur Magazine’s Franchise 500 list.[15] The company ranked third on the Franchise 500 list in 2021.[16]
References
[edit]- ^ "Pack and Ship, Print, Mailboxes and more - The UPS Store". www.theupsstore.com. Retrieved May 24, 2021.
- ^ US Industry (Specialized) Report OD5561 Packing & Shipping Service Franchises (Report). IBISWorld. March 30, 2020. p. 30. Retrieved March 26, 2021.
The UPS Store is the world's largest franchisor of retail shipping, postal, printing and business service centers. Headquartered in San Diego, it operates as a wholly owned subsidiary of United Parcel Service Inc.
- ^ Herper, Matthew (March 5, 2001). "UPS Picks Up Mail Boxes Etc". Forbes. Retrieved March 26, 2021.
The express carrier said today it is paying $191 million in an all-cash transaction for Mail Boxes Etc., a chain of 4,300 packing and shipping centers.
- ^ Apodaca, Patrice (August 28, 1990). "Post Office Alternative Changes Its Route : Franchising: Mail Boxes Coast to Coast has had a hard time making a profit, but selling its Long Island network has helped". Retrieved March 26, 2021.
Mail Boxes Coast to Coast Inc. in Encino is the largest franchiser for Mail Boxes Etc., the San Diego-based company that has gained attention with its nationwide network of post office alternative stores and steady earnings gains. Since it was founded in 1980, Mail Boxes Etc. has grown to $25.7 million a year in revenues and about $1.5 million in net income. Mail Boxes Etc. stores provide the usual postal services, such as letter mailing and private box rentals, plus other office and shipping services.
- ^ "UPS to convert Mail Boxes Etc. into UPS Stores". Atlanta Business Journal. February 10, 2003. Retrieved March 26, 2021.
United Parcel Service Inc. plans to convert 3,300 Mail Boxes Etc. (MBE) stores in the 48 contiguous United States into The UPS Stores.
- ^ Tash, Joe (July 23, 2019). "Independent Owners, Big Brand Drive UPS Store". NBC San Diego. Retrieved March 26, 2021.
Under The UPS Store's business model, all of its locations are franchises, meaning they are owned by independent entrepreneurs, rather than by the company.
- ^ US Industry (Specialized) Report OD5561 Packing & Shipping Service Franchises (Report). IBISWorld. March 30, 2020. p. 30. Retrieved March 26, 2021.
Franchisees of The UPS Store offer packing and shipping services alongside a variety of business solutions, including copy and print services, mailbox services, computer time rentals and more…
- ^ Bednarski, PJ (September 18, 2018). "'Beyond ShippING' Spots Capture The Excitement (Or Not) Of UPS Store". MediaPost. Retrieved March 26, 2021.
UPS is calling it the "Beyond ShippING" campaign, with a spot in which actors rattle off all those other "ing" things -- printing, packing, shredding, notarizing, supplying, sizing, mailboxing, scanning and more -- that the 4,700 UPS Stores nationwide provide.
- ^ Olson, Elizabeth (September 19, 2012). "U.P.S. Bills Stores as Small-Business Solution". The New York Times. Retrieved March 26, 2021.
a third of the customers of the 4,300 UPS Stores are small businesses — with 10 or fewer people or individuals — that accounted for 75 percent of overall revenue.
- ^ US Industry (Specialized) Report OD5561 Packing & Shipping Service Franchises (Report). IBISWorld. March 30, 2020. p. 30. Retrieved March 26, 2021.
They are traditionally located in and around densely populated commercial areas, such as shopping centers, college campuses, military bases, convention centers, hotels and urban renewal areas.
- ^ "The UPS Store". Entrepreneur. Retrieved March 26, 2021.
# of Units: 5,268 (as of 2020); Franchises are located throughout the United States and in Canada.
- ^ "Domestic Shipping Services in the U.S. | The UPS Store". www.theupsstore.com. Retrieved May 24, 2021.
- ^ "StackPath". www.cpapracticeadvisor.com. August 6, 2013. Retrieved May 24, 2021.
- ^ "Custom Print Services | The UPS Store". www.theupsstore.com. Retrieved May 24, 2021.
- ^ Herold, Tracy (April 14, 2020). "The Best Franchise Brands of 2020". Entrepreneur. Retrieved March 26, 2021.
We've crunched the numbers from our 2020 Franchise 500 list, identifying the 113 companies that performed best in their categories. Among them, you'll naturally find a lot of familiar names — companies that have dominated their categories for decades. Postal & Business Centers - The UPS Store. 2019 Franchise 500 Rank: 5
- ^ "2021 Franchise 500 Ranking". Entrepreneur. Retrieved March 26, 2021.
#3 The UPS Store. Postal & Business Centers