FedEx Office (Kinko's) vs Hermes Robotics

About

FedEx Office (formerly Kinko's) is a retail print and business services chain owned by FedEx Corporation (NYSE: FDX) — operating approximately 2,200 locations in the US that provide printing, copying, finishing (binding, laminating, large-format printing), FedEx shipping services, packing, mailbox rentals, and business center services for consumers, small businesses, students, and professionals. FedEx acquired Kinko's in 2004 for $2.4 billion and rebranded the chain as FedEx Office in 2008, integrating it with FedEx's shipping network.\n\nFedEx Office's business model combines two revenue streams: print and document services (printing presentations, marketing materials, banners, architectural drawings) and FedEx retail shipping locations (where customers can drop packages, buy packaging, and access FedEx services without going to a FedEx distribution center). The locations serve as both retail print shops and access points for FedEx's shipping network — creating convenience for small businesses that regularly ship and print. Same-day printing for presentations and event materials is a key use case where FedEx Office's retail footprint creates value.\n\nIn 2025, FedEx Office competes with Staples (print services), OfficeMax/Office Depot (print centers), and online print services (Vistaprint, Moo, Printingforless) for print services business. The physical retail print market has contracted as office printing volumes have declined and online alternatives have grown, but FedEx Office's co-location with FedEx shipping creates a defensible position for customers who need both services. FedEx has been evaluating strategic options for FedEx Office as it focuses on its logistics core business. The 2025 strategy focuses on growing the shipping access point value (with package pickup lockers supplementing counter service), maintaining corporate print contracts, and serving the event and marketing print occasions that still require physical retail.