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Photo specialty can compete – and win – against big players Feature Opinion Sponsored post 

Photo specialty can compete – and win – against big players

Guest post by Steve Giordano Jr., president, Photo Finale. I spend my day talking to photo specialty retailers. Many share their triumphs and challenges being an imaging industry entrepreneur. One common thread is frustration over the apparent competitive advantage enjoyed by Shutterfly, Snapfish, Walgreens, and other large-scale photofinishing brands. I say “apparent” because, the truth is, an independent retailer can beat a... Read More
Shutterfly reports first quarter results; will exit iMemories Earnings reports News Press releases 

Shutterfly reports first quarter results; will exit iMemories

Editor’s note: Post updated to reflect iMemories will not be closed – as previously written – but “exited.” Industry reports is a new buyer will take over the business. A few highlights from the Shutterfly earnings report, reproduced below. Shutterfly closed the Lifetouch acquisition April 2 Shutterfly will exit Lifetouch’s iMemories business in the second quarter, earlier than expected. This... Read More
Enter National Photo Month Photo Contest News 

Enter National Photo Month Photo Contest

Vivid-Pix, The Imaging Alliance, Family Motor Coach Association partner for national photo contest ATLANTA (PRWEB) APRIL 30, 2018 – Vivid-Pix, The Imaging Alliance, and Family Motor Coach Association announces “Cross Town or Cross Country, National Photo Month Photo Contest.” Everyone loves photography, and with today’s technology, it’s never been easier to take and share photos. To commemorate May is National Photo... Read More
Oh, snap! Shutterfly suffers data breach on internal test environment News 

Oh, snap! Shutterfly suffers data breach on internal test environment

Shutterfly notified employees and former employees their data may have been compromised, according to a filing with the Office of the Attorney General for California. The filing states: On March 20, 2018, we learned that a Shutterfly employee’s credentials were used without authorization to access our Workday test environment on January 11, 2018. We do not yet know if unauthorized access occurred at... Read More
Shutterfly CMO John Boris becomes CEO of IFOnly People on the Move Press releases 

Shutterfly CMO John Boris becomes CEO of IFOnly

TechCrunch reports IFOnly – “a marketplace for experiences” – gained new funding and a new CEO, in the form of Shutterfly CMO John Boris. Boris spent 6 years helming marketing efforts at Shutterfly, and since mid-March, had been selling off Shutterfly stock holdings. The full press release is below: SAN FRANCISCO, April 4, 2018 /PRNewswire/ — IfOnly, the leading marketplace... Read More
Shutterfly goes all-in on AWS News Press releases 

Shutterfly goes all-in on AWS

Leading online retailer and manufacturer of high-quality personalized products and services taps AWS to accelerate its cloud-first transformation and deliver its next-generation platform SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Shutterfly, Inc. (NASDAQ: SFLY) is moving its infrastructure to AWS—going all-in on the world’s leading cloud to power its Cloud Transformation initiative. Shutterfly... Read More
Shutterfly closes transformational acquisition of Lifetouch News Press releases 

Shutterfly closes transformational acquisition of Lifetouch

Company Issues $825M Term Loan B to Finance Acquisition Updated Credit Ratings Maintain Ba3/BB- Rating REDWOOD CITY, Calif.–(BUSINESS WIRE)–Shutterfly (NASDAQ: SFLY), the leading online retailer and manufacturer of high-quality personalized products and services, today announced it has closed its previously announced acquisition of Lifetouch, the national leader in school photography. The company financed the acquisition with the proceeds of an... Read More
Exclusive: Expansion-minded CanvasPop raises $3.3 million funding Feature Press releases 

Exclusive: Expansion-minded CanvasPop raises $3.3 million funding

CanvasPop, the decade-old Canadian photo canvas shop, has taken its first funding round with an eye for expansion.The $3.3 million infusion from some of Canada’s most-established VC firms will provide capital for future expansion into new product areas and possible acquisitions, says Adrian Salamunovic, co-founder and Chief Innovation Officer, CanvasPop. (See the full press release below). “We started the company originally... Read More
Winners and losers of the Shutterfly/Lifetouch combination News Opinion 

Winners and losers of the Shutterfly/Lifetouch combination

The photo industry’s biggest merger in years has brought up rampant speculation among competitors, vendors and gadflies about the Shutterfly acquisition of Lifetouch. Details of the combination are still coming out, but it’s clear there is a short-term positive reception. Shutterfly’s stock rose to more than $70 a share, after being mired in the mid-$50 range for months. From a... Read More
Lifetouch purchase brings immediate benefits to Shutterfly News Opinion 

Lifetouch purchase brings immediate benefits to Shutterfly

Shutterfly shares jumped nearly 20% last night on the news the leading photo-personalization company was buying the billion-dollar company in the school photography space, Lifetouch National School Studios for $825 million, as well as the report the company beat its fourth-quarter forecasts. The deal includes Lifetouch’s school business, as well as it’s ancillary businesses of church directories, preschool photography, JC Penney retail... Read More
Shutterfly Inc. announces definitive agreement to acquire privately-held Lifetouch News Press releases 

Shutterfly Inc. announces definitive agreement to acquire privately-held Lifetouch

Combination significantly expands customer base and product range Lifetouch achieved revenue of $963.9 million and EBITDA of $111.3 million for the period ended June 30, 2017 Acquisition adds significant Revenue, Adjusted EBITDA, and Cash Flow in the next twelve months with attractive future revenue and cost synergies Combined company total Adjusted EBITDA of at least $450 million targeted in 2020... Read More
Shutterfly announces fourth quarter and full year 2017 financial results Earnings reports Press releases 

Shutterfly announces fourth quarter and full year 2017 financial results

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Shutterfly, Inc. (NASDAQ:SFLY), the leading online retailer and manufacturer of high-quality personalized products and services, today announced financial results for the fourth quarter and full year ended December 31, 2017. “Q4 was a strong conclusion to a year in which we made significant strides in positioning Shutterfly for long-term, profitable growth,” said Christopher North, President and Chief Executive... Read More
Shutterfly customer cries foul over Groupon deal News 

Shutterfly customer cries foul over Groupon deal

Legal NewsLine is reporting an Illinois woman is suing photo personalization leader Shutterfly Inc. for deceptive Groupon advertising practices. The article states Megan Taylor, individually and on behalf of all those similarly situated filed a complaint Dec. 12, 2017, in the Superior Court of California naming Shutterfly and “Does 1 through 50” in alleged violations of the California Consumers Legal Remedies... Read More
Top 10 Dead Pixels Society photo industry stories of 2017 News Opinion 

Top 10 Dead Pixels Society photo industry stories of 2017

It’s been a busy year for the Dead Pixels Society, with the launching of the full blog and a weekly newsletter. Here are the top 10 stories from the website, based on hits and shares: 10) Costco gets into business printing Costco has added business printing to its online Photo Center. The company notified customers of the addition of business... Read More
Tiny Prints Teams Up with Baby2Baby to Support Children in Need Press releases Promotions 

Tiny Prints Teams Up with Baby2Baby to Support Children in Need

Julie Bowen, Baby2Baby Board Member and Tiny Prints Holiday Card Collection Ambassador, to Host Day of Giving for Baby2Baby Supporters REDWOOD CITY, Calif.–(BUSINESS WIRE)–Tiny Prints, a leader in premium personalized stationery, today unveiled an exclusive charitable holiday card collection, benefiting Baby2Baby, a non-profit organization that provides low-income children ages zero to 12 years with diapers, clothing and basic necessities that... Read More
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