Portrait studio operator CPI Corp. (CPY -1.5%) says same-store holiday sales sank amid weakness...

|About: CPI Corporation (CPY)|By:, SA News Editor

Portrait studio operator CPI Corp. (CPY -1.5%) says same-store holiday sales sank amid weakness in its PictureMe Portrait Studio and Sears Portrait Studio brands. The company runs about 3,000 portrait photography studios, with most of its locations in Sears (SHLD -0.2%) and Wal-Mart (WMT -0.6%) stores.