On Sep 26, we issued an updated research report on internet-based social expression and personal publishing service provider, Shutterfly, Inc.SFLY .
Efforts to Improve Operational Efficiency
Shutterfly has undertaken various structural changesas announced in fourth-quarter 2016. In fact, the company plans to retire many of its other brandsin order to focus more on profitable and cost-effective brands. Also, the existing customers will be migrated to one common website and all other websites will be shut down as has already been done for its Tiny Prints brand.
Thus, Shutterfly plans to invest in a single Consumer platform with all customers gaining from investment in the Shutterfly.com site in the near term….
Read the full article at: http://www.nasdaq.com/article/shutterfly-rides-on-restructuring-efforts-amid-headwinds-cm852587