Shutterfly, Inc. (NASDAQ:SFLY), the leading Internet-based social
expression and personal publishing service, today announced that it has
been ranked 69 on the Internet Retailer’s 500 list, the listing of
America’s largest e-tailers. Shutterfly’s rank increased from 76 to 69
in 2008 based on total net revenues of $213.5 million. Net revenue was
up 14% from 2007, helping Shutterfly climb in rankings.
“We are thrilled to continue our climb in Internet Retailer’s top 500
rankings again this year,” said Jeffrey Housenbold, president and chief
executive officer of Shutterfly. “Our continued success, even in this
challenging economic climate, is directly tied to our close
communication with our customers and our commitment to provide them with
the most innovative, high quality products and services for sharing and
preserving their treasured memories.”
“Shutterfly moved up seven spots in the Top 100 this year and ranked as
the 69th largest retailer in the Top 500 because they
continue to innovate and find a market for their online photo services
and social expression products,” said Kurt Peters, editor-in-chief of
Internet Retailer. “They are building a solid e-commerce base that’s
reflected by their upward movement on our Top 100 list.”
Internet Retailer's definitive ranking and analysis of America's 500
largest e-retailers is based on annual 2008 Internet sales, researched
by Internet Retailer and confirmed by retailers. This report includes
company financial, operational and performance data, as well as vendors
in 18 key categories.
About Shutterfly
Founded in 1999, Shutterfly, Inc. is an Internet-based social expression
and personal publishing service. Shutterfly provides high quality
products and world class services that make it easy, convenient and fun
for consumers to preserve their digital photos in a creative and
thoughtful manner. Shutterfly's flagship product is its award-winning
Photo Book line, which helps consumers celebrate memories and tell their
stories in professionally bound coffee table books. More information
about Shutterfly (NASDAQ:SFLY) is available at www.shutterfly.com.
Shutterfly and Shutterfly.com are trademarks of Shutterfly, Inc.
About Internet Retailer
Published by Chicago-based Vertical Web Media LLC, Internet Retailer is
a monthly national business magazine, web site conference and directory
that serve the retailing community. The Internet Retailer family of
products focuses on the Internet's vital role in a wide array of
retailing activities, including web merchandising, supply chain
management and multi-channel integration. Its 40,000+ subscribers are
senior executives primarily from retail chains, independent stores,
catalogs, virtual merchants and brand name manufacturers. Internet
Retailer's circulation represents the largest multi-channel readership
base of any retailing magazine. The magazine also publishes the most
widely read e-mail newsletter in retailing, IRNewsLink, which is
distributed twice-weekly to 35,000 opt-in subscribers, operates the
largest retailing information web site, InternetRetailer.com, sponsors
the largest conference in the e-retailing industry and publishes an
annual ranking of the 500 largest web sites.
Shutterfly, Inc.
Media Relations:
Gretchen Sloan, 650-610-5276
glsoan@Shutterfly.com
