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Terry Loebel, an unemployed autoworker, founded Valpak in 1968, using a $500 loan to start mailing coupons from his home to households in Clearwater, Florida.In 1972, Valpak established its first franchise in Orlando, Florida.
Each UPS Store also serves as an access point for UPS shipping where customers can drop off packages with prepaid labels, as well as pack and ship new shipments. [12] The UPS Store's other major industry is printing. The store offers brochures, door hangers, car magnets, flyers, yard signs, menus for restaurants, manuals, and 3D printing. [13] [14]
In 2001, United Parcel Service (UPS) acquired Mail Boxes Etc., Inc. [3] locations in the United States and Canada.On April 7, 2003, UPS began converting the 3,000 Mail Boxes Etc. locations in the United States and Canada (at the time, nearly 90% of the domestic U.S. network) to The UPS Store and started offering lower UPS direct shipping rates, with an average reduction of around 20%.
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