CPI Corp. (CPI) is engaged in the professional portrait photography of young children, individuals and families. CPI is the operator of portrait studios in Wal-Mart Stores and Supercenters in all 50 states in the United States, Canada, Mexico and Puerto Rico. As of February 7, 2009, PictureMe Portrait Studio operated 2,019 studios worldwide, including 1,642 in the United States and Puerto Rico, 259 in Canada and 118 in Mexico. In Canada, CPI operated 110 portrait studios in Sears and 259 studios in Wal-Mart. In Mexico, it operated 118 studios in Wal-Mart. The Company operates a Website, which supports its Sears studio operations. Searsphotos.com serves as a vehicle to archive, share portraits via e-mail (after a portrait session) and order additional portraits and products. During the fiscal year ended February 7, 2009 (fiscal 2008), the Company discontinued its Portrait Gallery and E-Church operations.