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GoPro confirms layoffs, shuts down Karma drone division News Opinion Press releases 

GoPro confirms layoffs, shuts down Karma drone division

Action-camera leader GoPro confirmed in a press release plans to reduce headcount by about 300 with the closure of its Karma drone division. Restructuring costs will be $23-$33 million – about half of which will be severance – recognized in the first quarter. The company also reported a price reduction in its HERO5 Black camera for the holidays significantly increased... Read More
Canon needs to boost innovation, CEO tells Nikkei Asian Review News Opinion 

Canon needs to boost innovation, CEO tells Nikkei Asian Review

Canon chairman and CEO Fujio Mitarai told the Nikkei Asian Review the company will look beyond cameras and copiers for growth, and pledged to boost innovation efforts. The company will establish an “innovation center” in Silicon Valley, but left unsaid is how much of that effort will be spent on imaging. Most of the recent acquisitions have been in health... Read More
MailPix announces growth initiatives for 2018 News Press releases 

MailPix announces growth initiatives for 2018

Following breakthrough year in 2017, MailPix to keep up momentum in 2018 Huntington Beach, CA – MailPix, the photo-printing, canvas and gifting site, reports a record-breaking year in 2017.  Organic sales growth, product line expansions and acquisitions all contributed to a successful year. “MailPix added three brands to our offerings in 2017, with the acquisitions of 1 Hour Photo, Just4MyPet... Read More
Iowa’s University Camera closing after 40 years News 

Iowa’s University Camera closing after 40 years

University Camera, a fixture in downtown Iowa City, Iowa, will close by April 15, 2017. Longtime industry figure Roger Christian announced retirement plans for him and his wife, Chris, after particularly slow sales in October reinforced his belief the time had come to close the longstanding business (established in 1970). Christian, who had worked in camera stores since 1968, bought the... Read More
GoPro drone woes leading to 200-300 job cuts, says TechCrunch News Opinion 

GoPro drone woes leading to 200-300 job cuts, says TechCrunch

The karma has been bad in GoPro‘s drone division, which may see cuts of 200-300 employees this week, according to a report in TechCrunch. The sobering news follows a series of high-profile setbacks for the action-camera maker, who has struggled to diversify into drones, VR and entertainment. Its Karma quadcopter drone was pulled from the market after technical problems arose,... Read More
Nashville’s Brand Imaging Group to become independently-operated Big Visual Group News Press releases 

Nashville’s Brand Imaging Group to become independently-operated Big Visual Group

Sign Industry Giant Continues Growth and Announces New Name Nashville, Tenn. (January 2, 2018) — Scott Snoyer, franchisee of the Nashville sign and print company Brand Imaging Group, a brand owned by FASTSIGNS International,®, announced this week that the company will end its relationship with the FASTSIGNS franchise after 24 years and launch as an independent, stand-alone company, officially changing... Read More
VHT Studios Acquires Real Estate Photography Business from Circlepix News Press releases 

VHT Studios Acquires Real Estate Photography Business from Circlepix

VHT Studios has acquired the photography business of Circlepix, marking the second major acquisition for VHT, the leading provider of professional photography, virtual staging and visual marketing services for real estate and businesses. ROSEMONT, ILL. (PRWEB) JANUARY 05, 2018 – VHT Studios®, the nation’s leading provider of professional photography, virtual staging and visual marketing services for real estate and businesses, announced... Read More
Following Job Gains in November, Retailers Scale Back in December News Press releases 

Following Job Gains in November, Retailers Scale Back in December

WASHINGTON, January 5, 2018 – Retail industry employment decreased by 20,200 jobs in December from November, the National Retail Federation said today. The number, which excludes automobile dealers, gasoline stations and restaurants, reverses the increase of 20,500 jobs seen in November over October, which the Labor Department revised upward from the original estimate of a 12,900-job gain, likely because of... Read More
Scanning leader ScanMyPhotos takes on Epson over advertising claims News Opinion 

Scanning leader ScanMyPhotos takes on Epson over advertising claims

A native New Yorker, ScanMyPhotos CEO Mitch Goldstone has never shied away from a fight. He’s taken on competitors big – like Visa/Mastercard – and small in his 30-year photo-industry entrepreneur career. His latest crusade is against Epson America, which positioned its FastFoto FF-640  desktop scanner as a home solution equivalent to ScanMyPhotos’ own industrial scanners. The FastFoto FF-640 is... Read More
DxO to release new version of Nik Collection in 2018 News 

DxO to release new version of Nik Collection in 2018

DxO posted (on Google Plus, of all places) it will release a new version of the Nik Collection in 2018. In October, DxO acquired the assets of the Nik Collection from Google. In May, Google announced it was abandoning the Nik Collection, which it had acquired (along with Snapseed) in 2012. By 2013, Google killed off Snapseed for Desktop, and... Read More
Neomodern featured on Cheddar News Opinion 

Neomodern featured on Cheddar

Neomodern, the San Francisco-based concierge retail photo-printing service, had another media win on Dec. 27, with a nearly 10-minute long feature interview on the Cheddar news network. The interview included a review of the highly personalized printing and framing process used by the store, along with the description of the business model. Michael Rubin, CEO, stressed the importance of printing... 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
Business Forum Imaging Cologne coming in February Events News 

Business Forum Imaging Cologne coming in February

Business Forum Imaging Cologne 2018 will be staged by photokina on February 28 and March 1, 2018 at the Congress-Center East of Koelnmesse, Cologne, Germany. The new title “Creating new realities” is taking on the dramatic expansion of the imaging market. In fact, it’s now possible to create new realities with digital imaging innovations such as new capturing devices, Virtual... Read More
Mobile app store spending to jump 30% in 2018 News 

Mobile app store spending to jump 30% in 2018

Consumer spending among all mobile app stores will rise 30% to more than $110 billion in 2018, according to a Mobile Marketer article cited in RetailDive. “App Annie’s forecast for 2018 holds nuggets of insights based on the in-app spending and downloads it tracks. The retail industry will increasingly become less segmented between traditional categories of ‘digital-first’ like Amazon and... Read More
Business columnist lauds Illinois camera stores as successful competitors News 

Business columnist lauds Illinois camera stores as successful competitors

Business columnist Jim Kendall recently featured two camera stores in an article about independent retailers competing with large-scale and online retailers. In the feature article, “How the little guys beat the big guys,” Kendall tells the story of LaGrange Camera Inc. and PJ’s Camera & Photo Supply in Glen Ellyn, Ill. “They’re scattered around the suburbs, a relative handful of... Read More