Replies to post #5414 on CPI Corp. (fka CPICQ)

[Picme 1]

I don't believe that the comments were meant to be a dig at us. The Canadian group had been much closer to comp for some time. The company even stated as much in their SEC filing. I know we are all working hard to drive sales but Canada is somewhere around 95% while we are in the neighborhood of 65%. It's either do to competition, marketing, or management leadership. I believe the Canadian operations have the pretty much the same group as when we came over from PCA while we have had allot of changes in the last year.

[used up sm]

I don't think we are on the same team. We might think we are but I think the bank has already split us up and are going through with their plans for each entity since our host are different and they are owed money as well. If the bank is the real boss now where does that leave the host stores as far as rent? Is the bank obligated to pay Wal-Mart or will the bank stiff them since they are the primary lender?I bet Wal-Mart has already lawyered up along with Sears to get their money not to mention the KK'S bunch.

[orca32]

There is a lot more competition in the U.S. which is why Canada is more profitable. Downsideup isn't insulting anyone and the majority of us look to him/her for advice, so please try not to take things so personal.

[downsideup]

Not my words. That's what the banks said in their filings.

I think the only reason the business in the U.S. is failing is because they're making it fail.