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It also sells industrial shredding equipment to other secure information destruction businesses. [7] In 2014, Shred-it merged with Cintas Document Shredding, which now operates under the Shred-it name. [8] [9] [10] In 2015, Stericycle acquired Shred-it and began positioning the company as one of its many waste management and compliance services.
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Multi-cut scissors used to shred paper. Shredders range in size and price. Small, inexpensive units are designed for a certain number of pages. Large, expensive units are used by commercial shredding services and can shred millions of documents per hour. While the smallest shredders may be hand-cranked, most shredders are electric.
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Results of the study showed that the menu cost was on average $105,887 per year, per store. This figure comprised 0.7% of revenue, 32.5% of net margins and $0.52/price change. Subsequently in order for updating prices to be beneficial the profitability of an item needed to decrease by more than 32.5%.
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