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Author Archive | Nancy Nally

Michaels IPO Details Announced

Michaels Stores is finally moving ahead with its long-planned IPO, after the company filed paperwork this week with the U.S. Securities & Exchange Commission registering details of their intended stock offering.

The company has been privately held since being purchased by Bain Capital and the Blackstone Group in 2006. The two private equity firms have been working on a Michaels IPO since 2012, but it has been delayed multiple times by market conditions and the stroke of then-CEO John Menzer, which lead to a lengthy search for a replacement.

Michaels store Continue Reading →

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Breaking: American Crafts Acquires We R Memory Keepers

American Crafts announced today that it has acquired We R Memory Keepers.

Family-owned We R Memory Keepers is based in Salt Lake City, Utah and is known in the industry for its albums, tools and Albums Made Easy pocket scrapbooking collections – all of which make it an attractive acquisition target for American Crafts. It has also been getting attention for products in the home decor and organization markets at recent shows. The company has a licensing deal with designer Teresa Collins to design Albums Made Easy products.

We R Memory Keepers AlbumsWe R Memory Keepers has been having huge success with their “punch board” tools that create everything from flowers to envelopes, but they are also known for the Crop-A-Dile tools and the Sew Easy system. In September 2013, We R acquired Lifestyle Crafts, adding the QuicKutz and L Letterpress lines of tools to their line up at a time when letterpress is growing in popularity. Continue Reading →

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Update | 6.12.2014 – Google+, Megan Hoeppner, Webster’s Pages, more

Is the end near for Google+? Murmurs are getting louder in the tech community that Google+’s days are numbered after several ominous developments in the past few months.

First, in April, Google executive Vic Gundotra, the executive in charge of Google+, suddenly left the company citing family reasons. At the same time, it became apparent that many of the engineers responsible for building Google+ were being reassigned to other areas of the company. Then in late May, at a code conference in California, Google co-founder Sergey Brin told the audience that “It was probably a mistake for me to be working on anything tangentially related to social to begin with.”

Google+ has never reached the popularity of Facebook and Twitter, achieving only a fraction of the active users in a month of their two major competitors, although it has found niche popularity in certain communities (like the photography community). Google has a history of killing products with avid user bases that it doesn’t consider profitable or a success – most recently and notably Google Reader. It also has a history of letting products die a slow death by not developing or maintaining them – most notably at the moment Feedburner, which is also on a deathwatch in the community of online publishers that rely on it. Continue Reading →

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Projects | Thank You Cards

It’s a time of year that can traditionally lend itself to a lot of thank you cards: graduation, weddings, end of the school year. And at our house, all of our birthdays have just passed as well, so it’s really thank you season!

My thank you stash was running low and I had some fun new supplies I wanted to play with from my latest Scrapbook.com order, so it seemed the perfect time to whip up some new thank you cards!

Birthday CardSupply List: Lawn Fawn “Hello Sunshine” 6×6 paper pad; Lawn Fawn “Sophie’s Sentiments ” stamps; Lawn Fawn Trimmings; Ranger Adirondack Inkpad in Pitch Black; Ranger Tim Holtz Distress Ink in Tumbled Glass, Wild Honey, & Mustard Seed; Colorbox Mixed Media Ink in Pewter; Stampin’ Up! Classic Ink in Raspberry Ripple; Bazzill white smooth cardstock (card base). Continue Reading →

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Stampin’ Up! In Color Palette for 2014-2016 Announced

Stampin’ Up! released their 2014-2015 catalog yesterday, revealing the new “In Color” palette for 2014-2016 as well.

Each year, Stampin’ Up releases a palette of 5 colors for its color media collection that will be only available for two years. The company appears to be alternating releasing collections of dark and light colors, so there is always an active In Color light palette and an active In Color dark palette.

For 2014-2016, Stampin’ Up! was replacing the 2012-2014 collection which was made up of dark shades. Stampin’ Up! fans must say goodbye now to Raspberry Ripple, Midnight Muse, Starfruit, Gumball Green, and Primrose Petals. (I am a huge fan of Midnight Muse and Raspberry Ripple and use them quite often myself.)

The new 2014-2016 In Color palette, while dark like the previous palette, is bolder:

Stampin-Up-2014-2016-in-color-palette Continue Reading →

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Splash of Color Partnership Implodes into Lawsuit

Jack Behlmer, the former owner of Creative Imaginations, filed suit on May 13th against Leslie Ohnstad, founder of LuminArte, alleging in nine wide-ranging causes of action that she committed fraud, misappropriated jointly-owned company assets, and violated the operating agreement governing the Splash of Color partnership.

Splash of Color booth art, CHA Winter 2013

Splash of Color booth art, CHA Winter 2013

Splash of Color debuted at CHA Winter 2013, and was founded of the melding of the remnants of Creative Imaginations and LuminArte. Creative Imaginations had long been an industry staple primarily for its licensed lines and for the work of designers like Marah Johnson and Samantha Walker.  LuminArte was known for its various color mediums like Twinkling H20s. Under an agreement inked in April 2011, Behlmer purchased 50% of LuminArte from Ohnstad for $100,000, and then Splash of Color was formed by both Behlmer and Ohnstad contributing their 50% interest in LuminArte to the new company. Johnson, who is also Behlmer’s fiance, joined Splash of Color as Vice President and Brand Manager. Continue Reading →

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