Question

What did FedEx acquire and rebrand as FedEx Kinko's (later rebranded as FedEx Office in 2008), expanding retail access for FedEx shipping services?

a. A chain of coffee shops
b. A bookstore chain
c. Privately held Kinko's Inc.
d. An international airline

Answer 1

FedEx acquired and rebranded Kinko's Inc., later renamed FedEx Kinko's and eventually FedEx Office in 2008, to expand retail access for its shipping services.

Step-by-step explanation:

Kinko's Inc. was a privately held company specializing in providing convenient access to office services like copying, printing, and shipping. By acquiring Kinko's, FedEx significantly expanded its reach into the retail market, offering customers access to shipping services alongside Kinko's existing array of office-related services. The acquisition allowed FedEx to leverage Kinko's extensive network of stores, strategically positioning itself as a one-stop destination for both shipping and office needs. The rebranding to FedEx Kinko's and later to FedEx Office in 2008 aimed to integrate the shipping services more seamlessly with the existing office solutions, enhancing the company's overall brand identity and customer offerings.

Correct answer: c. Privately held Kinko's Inc.