USPS Negative Growth Slowing. Demand for Mailbox Services Skyrockets

Share Article

IBISWorld Reports USPS declines are leveling off in 2012 but may continue to see loses as online services become more prevalent. Demand for mailbox services is as strong as ever.

A recent report by IBISWorld outlined USPS loses since 2006 estimating a continued annual loss of 3.9 percent over the next years, though for 2012 loses appeared to have nearly leveled off at 0.3 percent. Their estimates are based on increased dependence on online sources for communication. Mentioned in the study is the Postal Accountability and Enhancement Act, which along with 150 other changes to USPS, mandated that USPS have all retirement of employees over the next 50 years pre-funded, a cost of $75 billion over a 10 year span, something no other industry public or private has to do. Minus the 2006 Bill USPS has been in the black since 1982.
The business of mail and related services are as vibrant as ever according to many mailbox store owners. While one of the cited declines in USPS profits is the increased use of the internet, other services provided through mailbox stores like printing, notary services, office supplies, boxes and packing for deliveries or for moving, photo copying, printing, shredding, banners, signage, and various other business services is still in demand.
Other factors expected to help the mailbox stores, if not mail delivery itself, include the scheduled closing of 3,500 USPS stores and switching to a five day work week for USPS with no delivery on Saturday. This is expected to increase the need for independent mailbox stores.
In an interview one mailbox store owner, Ted Griffiths, touted that his recently opened mailbox store is doing fantastic. You can view additional interviews from mailbox store owners here.
Mail Box Stores is a business development company that covers all core tasks of beginning a mailbox store along with ongoing business and marketing support without the long term franchise fees. It is part of Discount Retail Store Services which has opened nearly 3000 stores for business owners.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

David Heintzelman
Follow us on