InkStop

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InkStop was an American retail company from 2004 to 2009.

Contents

InkStop
Company type Private
Industry Retail
Founded Mayfield, Ohio (2005)
Defunct2009
Headquarters Warrensville Heights, Ohio, U.S.
ProductsOffice supplies
Number of employees
456 (in 2009 at time of closure)

History

Beginnings

In 2004, InkStop founder and CEO, Dirk Kettlewell. InkStop, which was to be focused on profiting from mainly ink and toner sales in smaller stores giving convenience and better customer service than the competition.[ citation needed ]

Fast growth

After its first location opened up in Independence, Ohio in 2006, InkStop grew to operate as many as 162 stores in 14 states. In April 2009, RBC Global Capital Markets ranked the company one of the 30 fastest-growing retailers nationwide.[ citation needed ]

Abrupt end

On November 5, 2009, InkStop filed for Chapter 7 bankruptcy. The filing states the company owes $48.3 million to more than a 1,000 creditors.[ citation needed ]

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References