Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

March 29, 2015 7:58 PM ET

Diversified Consumer Services

Company Overview of CPI Corp.

Company Overview

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...

1706 Washington Avenue

St. Louis, MO 63103

United States

Founded in 1979

4,800 Employees





Key Executives for CPI Corp.

CPI Corp. does not have any Key Executives recorded.

CPI Corp. Key Developments

CPI Sets Auction Date

CPI Corp. (OTCPK:CPIC.Q) sets the auction date and deadline for the assets sale. According to court documents, the sale deadline is set for June 21, 2013 and an auction is set to take place June 24, 2013. A hearing to consider the sale of CPI’s other assets is set for June 26, 2013 and closing is anticipated by July 15, 2013. Lifetouch Portrait Studio Inc. has entered into a stalking horse agreement to pay $3.3 million. Third-party bidders seeking to purchase CPI’s assets must bid at least $3.5 million, court documents said. The court approved a break-up fee for the sale of CPI’s assets. According to court documents, the fee is not to exceed 4% of the purchase price or $0.13 million.

Lifetouch Portrait Offer To Acquire CPI's Store Portrait Business

Lifetouch Portrait Studios Inc. has made an offer of $3.3 million to acquire remaining in-store portrait business CPI Corp. (OTCPK:CPIC.Q). CPI Corp also wants the bankruptcy court to approve its plan for an asset sale. The other potential bidders must submit offers worth at least $3.5 million by June 21, 2013. If Lifetouch be topped at auction, it would be entitled to a $0.132 million breakup fee if the bankruptcy court approves the proposal as is.

CPI Corp. Announces Executive Changes

On May 1, 2013 CPI Corp. announced that effective upon the appointment of a trustee by the Bankruptcy Court, the employment of James Abel, Interim President and Chief Executive Officer and Jane Nelson, Secretary and General Counsel terminated. Following the first meeting of creditors, Dale Heins and Rose O'Brien will resign their positions as Treasurer and Assistant Treasurer, respectively. On May 1, 2013 effective upon the appointment of a trustee by the Bankruptcy Court, all of the directors of the company (James Abel, David Meyer, Eric Salus, Michael Koeneke and Turner White) resigned as members of the company's Board of Directors. The company has no current members of the Board of Directors.

Similar Private Companies By Industry

Company Name Region
Sears Middleton Jones Funeral Home, Inc. United States
Atlas Information Group, Inc. United States
F. Brinn & Associates United States
Instituto De Banca Y Comercio, Inc. United States
Zero Defects Mechanical, LLC United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CPI Corp., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at