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Michaels predicts 2022 as the year of “Mindful Making” Marketing News 

Michaels predicts 2022 as the year of “Mindful Making”

GaryPageau
The Michaels Companies, Inc., the largest arts and crafts retail chain in North America, released its first-ever trend predictions for 2022. Michaels’ trend experts are constantly tracking the materials and makes on the horizon — about 18 months before they’re in-store or trending on social, the company said. Through a combination of internal data, customer insights, and engagement with Makers... Read More
CVS Health to close 900 stores over three years News 

CVS Health to close 900 stores over three years

GaryPageau
CVS Health announced “several steps to support its strategy of making health care more affordable, accessible and convenient for consumers,” according to a press release. The company has been emphasizing its health business, and as part of the company’s strategic review of its retail business, CVS Health will have three distinct retail models serving as community health destinations: Sites dedicated to... Read More
Freepik Company reaches 500,000 subscribers News 

Freepik Company reaches 500,000 subscribers

GaryPageau
Freepik Co., the largest free graphic resource platform, reached half a million Premium subscribers, surpassing its direct competitors worldwide, and emerging as an undisputed leader in its sector. North American users comprise 20 percent of these subscribers and have downloaded nearly 63 million resources in 2021 alone. Freepik Co. is a boot-strapped Spanish tech company, based in Malaga, Spain, specializing... Read More
Adorama announces partnership with imaging gadget maker Pictar, warehouse expansion New Products News 

Adorama announces partnership with imaging gadget maker Pictar, warehouse expansion

GaryPageau ,
Adorama and Pictar, a maker of mobile photography solutions, announced a strategic partnership between the companies, where a new entity, Pictar World LLC, will operate as an independently run, fully owned subsidiary of Adorama. Pictar is known for its range of camera grips for smartphones but has also expanded into other accessories. “We are thrilled to enter this agreement with... Read More
Vitec Group acquires Savage Universal Acquisitions News 

Vitec Group acquires Savage Universal

GaryPageau ,
Vitec Imaging Solutions, a division of The Vitec Group plc announced the acquisition of Phoenix, Ariz-based, background manufacturer Savage Universal Corp. and its affiliates, with the deal expected to close by the end of November 2021. Savage Universal was founded in 1937 and manufactures an extensive range of high-quality, specialist, seamless paper backgrounds, or backdrops, ensuring the essentially flat, crease-free... Read More
NRF: October retail sales grew as consumers got an early start on holiday shopping Market research News 

NRF: October retail sales grew as consumers got an early start on holiday shopping

GaryPageau
Retail sales rose in October as many consumers began holiday shopping early to avoid any shortages amid pandemic-driven supply chain disruptions that are dominating businesses and shoppers this holiday season, the National Retail Federation said today. “Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” said Matthew... Read More
Fujifilm to introduce INSTAX MINI EVO Hybrid Instant Camera New Products News 

Fujifilm to introduce INSTAX MINI EVO Hybrid Instant Camera

GaryPageau , ,
FUJIFILM North America Corp. introduced the INSTAX MINI EVO Hybrid Instant Camera (Mini Evo). The hybrid camera can operate as a traditional instant camera plus has the capabilities of a digital camera. It can also operate as a smartphone printer, when paired with the INSTAX Mini Evo Smartphone App. The INSTAX MINI EVO Hybrid Instant Camera will be offered in... Read More
NRF: Thanksgiving weekend to see more holiday shoppers than 2019 News 

NRF: Thanksgiving weekend to see more holiday shoppers than 2019

GaryPageau
Nearly 2 million more people than last year are expected to shop from Thanksgiving Day through Cyber Monday this year even as consumers have continued the trend of starting their holiday shopping earlier in the year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “We’re expecting another record-breaking holiday season this... Read More
Meyer Optik Görlitz opens new location in the heart of Hamburg News 

Meyer Optik Görlitz opens new location in the heart of Hamburg

GaryPageau
Lens maker Meyer Optik Görlitz opened a new location in the heart of Hamburg. The lens manufactory of Meyer Optik Görlitz is in the Rothenburgsort district of Hamburg, close to HafenCity district. “With the successful launches of the current lenses and the foundation of Meyer Optik Görlitz GmbH this year, we have built the basis for Meyer Optik’s future,” says... Read More
Tamron USA announces instant savings on DSLR, mirrorless camera lenses News 

Tamron USA announces instant savings on DSLR, mirrorless camera lenses

GaryPageau
Tamron USA, Inc. announces up to $100 Instant Holiday Savings on four popular zoom lenses designed for Sony’s full-frame mirrorless cameras. The Instant Savings starts Monday, Nov.  15 and runs through Sunday, Jan. 2. Purchasers of the 150-500mm F/5-6.7 Di III VC VXD (model A057), 17-28mm F2.8 Di III RXD (model A046), 70-180mm F2.8 Di III VXD (model A056), and... Read More
Snap responds to “mini-tender” offer by TRC Capital Investment Corp. News 

Snap responds to “mini-tender” offer by TRC Capital Investment Corp.

GaryPageau ,
Snap Inc. announced it received notice of an unsolicited “mini-tender” offer by TRC Capital, to purchase up to 2 million shares of Snap Class A common stock at a price of $50.25 per share in cash. TRC Capital’s offer price is 4.43% below the $52.58 closing price per share of Snap’s Class A common stock on Oct. 29, 2021, the... Read More
Lensrentals announces Keeper, Keeper Test Drive purchase programs News 

Lensrentals announces Keeper, Keeper Test Drive purchase programs

GaryPageau
Gear rental powerhouse Lensrentals announced two purchase programs – Keeper and Keeper Test Drive – for customers to purchase used photo and video equipment. Both programs are accessible via the Keeper page or the product page of equipment on Lensrentals.com. Current Lensrentals customers are able to purchase used equipment from LensAuthority, a sister company; this change brings everything under one... Read More
Zenfolio acquires Format website-building business Acquisitions News 

Zenfolio acquires Format website-building business

GaryPageau ,
Zenfolio has acquired Format, a worldwide website-building platform and marketplace based in Toronto, Canada. Both companies offer SaaS business solutions; Zenfolio since 2006 and Format since 2010. Terms weren’t disclosed. The two brands will initially operate in parallel, each retaining its current employee workforce and subscription base. Format will continue to be headquartered in Toronto. Zenfolio headquarters will continue to... Read More
U.S. Postal Service reports fiscal year 2021 results, reduces annual loss News 

U.S. Postal Service reports fiscal year 2021 results, reduces annual loss

GaryPageau
The U.S. Postal Service announced its financial results for the 2021 fiscal year ended Sept. 30, reporting an adjusted loss of $6.9 billion for 2021, compared to an adjusted loss of $7.6 billion for 2020. This excludes non-cash workers’ compensation adjustments for the impacts of actuarial revaluation and discount rate changes, which are outside of management’s control. On a U.S.... Read More