Saturday, June 15, 2013

Creative Memories bankruptcy update 6/15/13

Here is what I know as of today and this is all pending Court approval:

1. An extensive list of Current products (including many coversets) will be While Supplies last in June

2. Refill Pages and Page Protectors will be on a LAST CHANCE availability in July. They will make as many of these as needed starting July 8 (again this is assuming the Court approves this plan). So we will have July 8-31 to order Refill Pages and Page Protectors (and many Coversets).

3. Rewards Club ends August 21. So if you are a Rewards Club member and have credit, you need to use it or lose it by August 21.  

4. The "new" Creative Memories will launch in the U.S.A. this Fall. They have not said if they are changing their name or not. It will be a party plan business like CM currently is.

5. The "new" CM will offer "fresh" and "new" Albums and Pages. They will not give any more specifics other than they keep saying how Fast to Fabulous has been a big seller for them. They are moving to a SIMPLE offering of albums to complete quickly. They are closing out the old and rolling in the new.

Picfolios
Fast to Fabulous Albums
 
 
What is Fast to Fabulous? Basically their beautiful coversets with 12x12 pages that are predesigned...all you have to do is add photos and you're done! You can also add stickers, title stickers and journaling to personalize your album and make it more meaningful.

Fast to Fabulous Baby Girl
 
 
So it sounds like they are going in this direction. The only thing I don't understand is why Page Protectors would be on a LAST CHANCE in July. Unless they are changing the size? Or repackaging? But if they are just repackaging, then we should be able to purchase 12x12 sizes in the future I would think they wouldn't tell us to get them in July. I wish I knew! I think if the Court approves their plan, then they will be able to tell us more. I would hate to stock up on Page Protectors in July and then have them reintroduced in the Fall.
 
"All great changes are preceded by chaos." 
 
Here are some more Fast to Fabulous kits that are currently available:
 

 






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