Sales Up 30% in Q4
CARTRIDGE WORLD OF CT & EASTERN NY ANNOUNCED THE FIFTH CONSECUTIVE QUARTER OF SALES GROWTH THE PERIOD ENDING DECEMBER 31, 2008.
SALES IN THE 4TH QUARTER WERE UP 30% FROM THE 4TH QUARTER OF 2007
Newtown, CT. January 17, 2009. Cartridge World of Connecticut and Eastern New Yorkreported overall sales up 30% in Q4 versus a year ago. In addition, quarterly sales were up 12% from the previous quarter with each store in the region showing improved results." We are finding that the current economic conditions are driving individuals and businesses to our stores as they seek lower cost alternatives for ink and toner," said Bob Attanasio, President.
"Our mission is to offer businesses and consumers an affordable and environmentally friendly alternative to costly ink and laser cartridge replacement," said Attanasio. Many people realize that buying a new printer cartridge is neither cost-effective nor environmentally friendly. At Cartridge World, we offer an alternative. Rather than paying high prices for new ink and toner cartridges at a large office superstore or through online channels, we offer an environmentally responsible alternative, and the ability to save 30-40 percent off the cost of a new cartridge by re-filling existing cartridges with high-quality inks.
There are over 1,700 Cartridge World stores worldwide and over 600 in the United States.
About Cartridge World
Emeryville, CA-based Cartridge World is the world's fastest growing ink refilling retailer and franchisor in the US$80 billion printer cartridge industry. The company refills empty ink cartridges and remanufactures empty toner cartridges for inkjet printers, laser printers, fax machines, and photocopiers with top quality, brand-specific ink and toners; It offers consumers and businesses a more affordable option to buying new, provides a 100% 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 Franchisee 500, Cartridge World has more than 1,700 franchised retail locations in 61 countries. Cartridge World North America was founded in 2003. There are currently more than 600 locations open in the United States.
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