C P I Corp (CPICQ)

CPI Corp. provides professional portrait photography services for young children, individuals, and families. The company operates a network of 3,058 portrait studios principally under lease and license agreements with Walmart Stores, Inc., as well as under license agreements with Sears, Roebuck and Co.; and Toys R Us. The company’s PMPS brand focuses on the sales of packages and portrait collections; the SPS brand focuses on customized traditional portrait solutions; and the KKPS brand focuses on a variety of contemporary and traditional baby, young children, and family photographic styles. CPI Corp., through its subsidiary, Bella Pictures Holdings, LLC, also offers photographer services and products for wedding packages, as well as pre-wedding engagement photography and wedding videography services. In addition, it operates a network of Websites that serve as vehicles to archive, share portraits via email, and order additional portraits and products; a Website for Bella Pictures, which serves as a vehicle to reserve/book weddings, select specialized product offerings, and view/edit photographs and videos from the wedding day; and FotoNet.com photography deals program that offers program members special offers on studio and on-location photography, and a range of other specialized services and products. The company was founded in 1979 and is headquartered in St. Louis, Missouri. On May 1, 2013, CPI Corp., along with its affiliates, filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Delaware.