Brian Gongol
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All Kinko's locations will now be known as "FedEx Office". It's an idiotic move for a couple of reasons. First, when FedEx bought Kinko's for $2.4 billion, it was partially paying for the brand equity in the Kinko's name. They immediately started frittering that away by embarking on a $20 million re-branding campaign to tack the FedEx name onto the existing locations. But beyond that, they're damaging two valuable brands at once: "FedEx" was once shorthand for "overnight delivery"; "Kinko's" was once shorthand for "overnight printing". Now, "FedEx Office" won't be shorthand for anything. And that's not to mention that "Kinko's" is a two-syllable name, while "FedEx Office" takes four.
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A listing of almost 300 websites that feature regular updates and commentary on economics and business in general
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