American Greetings
American Greetings
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American Greetings
American Greetings Corporation, LLC is a privately owned American company which is the world's largest greeting card producer.[citation needed] Based

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American Greetings Corporation, LLC Formerly Sapirstein Greeting Card CompanyType PrivateIndustry Greeting cardFounded Brooklyn, Ohio, United States (1906; 112 years ago (1906))Founder Jacob SapirsteinHeadquarters 1 American Blvd[1], Westlake, Ohio, United StatesArea served WorldwideKey people
  • Morry Weiss (Chairman)
  • Zev Weiss (Co-CEO)
  • Jeffrey M. Weiss (Co-CEO)
  • John W. Beeder (President and COO)
  • Erwin Weiss (Senior Vice President)
  • Gregory M. Steinberg (CFO)
Products
  • Greeting cards
  • Gift wrap
  • Party goods
  • Giftware
  • Stationery
  • Electronic greetings
  • Calendars
  • Educational products
Brands
  • Carlton
  • Tender Thoughts
  • Just For You
  • Gibson
  • Care Bears
  • The Get Along Gang
  • Popples
  • Holly Hobbie
Owner Clayton Dubilier & Rice (60%)
Weiss Family (40%)Number of employees 27,500 (2012)[2]Subsidiaries Carlton CardsWebsite ag.com

American Greetings Corporation, LLC is a privately owned American company which is the world's largest greeting card producer.[citation needed] Based in Westlake, Ohio, a suburb of Cleveland, the company sells paper greeting cards, electronic greeting cards, party products (such as wrapping papers and decorations), and electronic expressive content (e.g., ringtones and images for cell phones). In addition, the company owns the Carlton Cards, Tender Thoughts, Just For You, and Gibson brands.[2]

American Greetings's former toy design and licensing division, initially called Those Characters From Cleveland, subsequently renamed American Greetings Properties and now separately owned as Cloudco Entertainment, includes copyrighted properties such as Care Bears, Topsy and Tim, The Get Along Gang, Popples, and Holly Hobbie. American Greetings also holds an exclusive license for Nickelodeon characters.

Contents
  • 1 History
  • 2 Strawberry Shortcake
  • 3 Licenses
  • 4 Cartoonists
  • 5 Subsidiaries
  • 6 See also
  • 7 References
  • 8 External links
History

Founded in 1906 by Polish immigrant Jacob Sapirstein (1885–1987), who sold cards from a horse-drawn cart, American Greetings has been run by members of the family since its inception. Irving I. Stone (Sapirstein's oldest son, who changed his surname to Stone) was stuffing envelopes at age five, handling the business during his father's illness when he was nine, and worked for the company full-time upon leaving high school. He was succeeded as CEO by his son-in-law Morry Weiss in 1987, and Stone took the title "Founder-Chairman" previously held by his father, when Weiss became chairman in 1992, before dying in 2000. In 1993, American Greetings began sponsoring the Entertainment Tonight Birthdays, also in that same year, the company also introduced its new corporate mascot, the Birthday Bear, AG remained sponsor until 2000, when competitor Hallmark Cards assumed sponsorship.

In 1999, the company bought rival Gibson Greetings and united the second and third largest U.S. greeting card makers.[3]

In 2003, Morry Weiss's sons Zev and Jeffrey became CEO and President respectively; Morry Weiss remains Chairman. In early 2007, American Greetings replaced Kellogg's as the sponsor for Dragon Tales.[citation needed] American Greetings has also branched out onto the Internet, and owns a network of websites. October 25, 2007, it announced the purchase of Webshots from CNET for $45 million in cash.[4]

In October 2005, American Greetings recalled its Sesame Street toy sunglasses sold from December 2003 through August 2005, because the lenses can separate from the frames, posing a choking hazard to young children.[5]

In 2006, American Greetings celebrated its 100th anniversary.

In 2010, American Greetings announced plans to move its headquarters from Brooklyn, Ohio to a new facility at Crocker Park within the nearby city of Westlake.[6] However, in 2013, the company announced it would delay moving its operations to Westlake. Construction had been scheduled to start in early 2013, and American Greetings said it was only delaying the $150 to $200 million project.

In June 2012, American Greetings acquired assets from Clinton Cards PLC together with some of its subsidiaries.[7]

American Greetings went private once again in 2013, thus removing itself from all the public markets, agreeing to pay $18.20 per share, valuing the company at $878 million.[8]

In 2014, American Greetings sold its Brooklyn, Ohio headquarters to developers and began renting its current offices from the new owners until the move to Westlake.[9]

American Greetings opened their new Westlake headquarters in September 2016.[10]

American Greetings operates with four divisions:[11][12]

  • North American Social Expression Products,
  • International Social Expression Products,
  • AG Interactive (Webshots was formerly part of AG Interactive)[13]
  • a non-reportable operating segment, sometimes referred to as "Retail"[11]

In 2018, The Weiss family sold a 60% majority stake of the company to the investment firm Clayton Dubilier & Rice. The Weiss Family will continue to operate as directors and shareholders of American Greetings as well as retaining ownership of Clintons in the U.K. and American Greetings Entertainment,[14] which was later renamed to Cloudco Entertainment.[15]

Strawberry Shortcake

In July 2008, American Greetings announced the sale of its Strawberry Shortcake and Care Bears properties to DIC Entertainment (now part of Cookie Jar Entertainment). However, January 9, 2009 it announced that the planned sale had been canceled.[16] As a result, the properties remain under American Greetings' ownership as the company searches for a new buyer.

March 24, 2009, MoonScoop offered to pay $95 million for the Care Bears and Strawberry Shortcake properties and related rights held by Cookie Jar. Under that deal, American Greetings would pocket $76 million for the animation assets while Cookie Jar would get $19 million for its own rights.[17]

March 30, 2009, Cookie Jar made a $76 million counter-bid for Care Bears and Strawberry Shortcake. Cookie Jar had until April 30, 2009 to complete the deal. If Cookie Jar failed to close the deal, MoonScoop had until June 7, 2009, to complete its own deal with American Greetings.[17]

In May 2009, American Greetings filed a $100 million lawsuit against Cookie Jar with Cookie Jar filing a $25 million countersuit against American Greetings over the Care Bears and Strawberry Shortcake deal.[18][19] In August, 2009 MoonScoop filed a lawsuit against American Greetings over the Care Bears and Strawberry Shortcake deal.[20][21]

In February 2015, Iconix Brand Group acquired the rights to Strawberry Shortcake from American Greetings for $105 million.[22][23]

Licenses

(Note: Original creations by American Greetings now mostly owned by Cloudco Entertainment. Other properties were licensed from third parties, where indicated)

  • Betsy's Kindergarten Adventures
  • Buddy Thunderstruck
  • Care Bears
  • The Electric Company (2009 TV series)
  • The Get Along Gang
  • Herself the Elf
  • Holly Hobbie (original)
  • Holly Hobbie & Friends
  • Kelly Clarkson[24]

  • Lady Lovely Locks
  • Madballs
  • Maryoku Yummy
  • My Pet Monster (owned by Hasbro)
  • Packages from Planet X
  • Paintbox Studios
  • Peppermint Rose
  • Popples (owned by Hasbro)

  • Pretty Freekin Scary
  • Ring Raiders
  • Strawberry Shortcake (owned by Iconix Brand Group)
  • Sushi Pack (created by Studio Espinosa and Cloudco[25])
  • TinPo (created by UNKL[26])
  • Topsy and Tim
  • Twisted Whiskers

Cartoonists
  • R. Crumb
  • Peter Guren (Ask Shagg)
Subsidiaries
  • Carlton Cards - American Greetings' branch in Canada.
  • Carlton Cards Retail - American Greetings' store management.
  • John Sands (company), Australian subsidiary
  • British subsidiary, UK Greetings[27]
  • Clintons, formerly 'Clinton Cards' - UK card retailer acquired by American Greetings in 2012
See also
  • Cardmaking
  • Hallmark
References
  1. ^ http://www.crainscleveland.com/article/20160928/NEWS/160929767/american-greetings-opens-new-westlake-headquarters
  2. ^ a b "American Greetings, Form 10-K, Annual Report" (PDF). Securities and Exchange Commission. April 30, 2012. Retrieved January 6, 2013. 
  3. ^ "American Greetings to buy rival". Reading Eagle. Associated Press. November 4, 1999. Retrieved June 18, 2013. 
  4. ^ "American Greetings, Form 8-K, Current Report". Securities and Exchange Commission. December 20, 2007. Retrieved January 6, 2013. 
  5. ^ "CPSC, American Greetings Corp. Announce Recall of Sesame Street Sunglasses" (Press release). U.S. Consumer Product Safety Commission. September 1, 2005. Retrieved December 8, 2014. 
  6. ^ Cho, Janet (January 7, 2010). "American Greetings may pull its world headquarters out of Brooklyn, Ohio". The Plain Dealer. Cleveland. Retrieved January 7, 2010. BROOKLYN, Ohio -- American Greetings Corp., the nation's largest publicly held greeting card manufacturer, is exploring moving its global headquarters from Brooklyn to another community - maybe even out of state - with lower taxes. 
  7. ^ "US company American Greetings acquires Clinton Cards". The Guardian. June 7, 2012. Archived from the original on October 6, 2014. 
  8. ^ Cho, Janet H. (April 1, 2013). "American Greetings' Weiss Family Aims to Take the Company Private Again, Via an $878 Million Offer for Outstanding Shares". The Plain Dealer. Retrieved April 4, 2013. 
  9. ^ McFee, Michelle Jarboe (1 July 2014). "American Greetings sells Brooklyn headquarters; Lichter, Semarjian plan 150-acre industrial park". Cleveland.com. Retrieved 9 May 2015. 
  10. ^ "American Greetings opens new Westlake headquarters". Crain's Cleveland Business. 2016-09-28. Retrieved 2016-11-05. 
  11. ^ a b "Company Overview of American Greetings Corp". Bloomberg BusinessWeek. 2014. Archived from the original on October 6, 2014. 
  12. ^ McKee, Tyler (March 30, 2011). "Higher Prices Still In The Cards For American Greetings". Forbes. Archived from the original on October 6, 2014. 
  13. ^ "Company Overview of AG Interactive, Inc". Bloomberg BusinessWeek. 2014. Archived from the original on October 6, 2014. 
  14. ^ Rice, Clayton, Dubilier &. "Clayton, Dubilier & Rice to Acquire Majority Interest in American Greetings". www.prnewswire.com. Retrieved 2018-02-13. 
  15. ^ Amid Amidi (August 21, 2018). "American Greetings Entertainment Rebrands As Cloudco, Developing Hybrid 'Care Bears' Feature". Cartoon Brew. Retrieved August 29, 2018. 
  16. ^ Grant, Allison (November 26, 2012). "American Greetings wins case against MoonScoop over Strawberry Shortcake and Care Bears". The Plain Dealer. Retrieved 2014-12-08. 
  17. ^ a b "American Greetings, Form 8-K, Current Report". Securities and Exchange Commission. March 30, 2009. Retrieved January 6, 2013. 
  18. ^ "American Greetings, Form 8-K, Current Report" (PDF). Securities and Exchange Commission. May 12, 2009. Retrieved January 6, 2013. 
  19. ^ "Brooklyn-based American Greetings accuses Cookie Jar Entertainment of bad faith in Strawberry Shortcake, Care Bears deal". The Plain Dealer. May 12, 2009. Retrieved May 12, 2009. 
  20. ^ "American Greetings, Form 10-Q, Quarterly Report" (PDF). Securities and Exchange Commission. October 7, 2009. Retrieved January 6, 2013. 
  21. ^ "MoonScoop sues American Greetings over Care Bears and Strawberry Shortcake". The Plain Dealer. August 13, 2009. Retrieved August 16, 2009. 
  22. ^ Atkinson, Claire (3 February 2015). "Strawberry Shortcake is new 'it' girl for Iconix". New York Post. Retrieved 7 February 2015. 
  23. ^ Associated Press (3 February 2015). "Snoopy Owner Iconix to Buy Strawberry Shortcake for $105M". ABC News. Retrieved 7 February 2015. 
  24. ^ Philpot, Robert (April 7, 2015). "Kelly Clarkson launches greeting-card line". star-telegram.com. Star-Telegram. Retrieved April 8, 2015. 
  25. ^ "Studio Espinosa Illustration". studioespinosa.com. Retrieved 29 June 2015. 
  26. ^ "UNKL » TEES, TEES & MORE TEES". unklbrand.com. Retrieved 29 June 2015. 
  27. ^ "UK Greetings Greeting Card Gift Wrap Social Expression Publisher". ukgreetings.co.uk. Archived from the original on 9 May 2015. Retrieved 29 June 2015. 
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (April 2009) (Learn how and when to remove this template message) External links
  • American Greetings
  • American Greetings Properties
  • American Greetings SEC Filings


American Greetings Pastel Blank Flat Panel Note Cards and Colored Envelopes, 100-Count
American Greetings Pastel Blank Flat Panel Note Cards and Colored Envelopes, 100-Count
Brighten someone’s mailbox with a pop of color! This bulk stationery set is filled with 100 light and bright note cards with trendy matching envelopes. Packaged in a protective plastic box, you can safely store the blank cards on a desk or in a drawer. Fashionable and practical, you’ll be glad you have a stockpile of cheerful stationery cards at your fingertips when you want to connect!

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American Greetings Mickey Mouse Plastic Party Cups (12 Count), 16 oz
American Greetings Mickey Mouse Plastic Party Cups (12 Count), 16 oz
American Greetings Mickey Mouse Plastic Party Cups (12 Count), 16 oz

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American Greetings Premium Bold Birthday Greeting Card Collection, 8-Count
American Greetings Premium Bold Birthday Greeting Card Collection, 8-Count
Be ready for any birthday! This bold birthday greeting card bundle features a variety of contemporary, trend-forward designs sure to brighten anyone’s big day. Festive, colorful and quirky artistry and photography perfectly complement celebratory, smile-worthy messages. Sparkling glitter, shimmering foil and dimensional attachments add a sophisticated touch to these handmade cards. Neatly packaged in a convenient cardboard box, this mix of 8 unique greeting cards and envelopes is protected by plastic sleeves to keep designs in tact. It’s a great value for anyone who has a lot of birthday wishes to send, and can be used as a refill kit for our card collection starter kit box (sold separately). When it’s time to say Happy Birthday, you’ll be glad you have a birthday card pack at your fingertips!

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American Greetings Premium Multi-Occasion Greeting Cards Set with Organizer (Pack of 16) - Birthday, Baby, Wedding, Sympathy, Thinking of You, Thank You, Get Well, Congratulations, Blank Assortment
American Greetings Premium Multi-Occasion Greeting Cards Set with Organizer (Pack of 16) - Birthday, Baby, Wedding, Sympathy, Thinking of You, Thank You, Get Well, Congratulations, Blank Assortment
Bring the greeting card aisle to your home! This card collection Starter Kit box features 16 cards and envelopes in popular everyday occasions, packaged in a durable keepsake box with a matte finish and a polka dot design. Tranquil, neutral colors are sure to complement your home’s decor, and will look great on a writing desk, shelf or any creative space. Whenever you feel inspired, simply pop open the attached flip-top lid and leave it open until you’re done writing your heart out. A trendy dot design fills the inside of the box, which has space to hold a pen (not included) and contains 8 multicolored tabbed dividers and labels to help keep you organized. The dividers and labels allow cards to be organized by occasion and/or recipient. The collection includes unique handmade cards for anticipated and unexpected moments, like congratulations (1), wedding (1), wedding shower (1), baby (1), baby shower (1), general birthday (2), humorous birthday (1), juvenile birthday (2), sympathy (1), thank you (2), get well (1) and blank (2). Card designs feature bright, on-trend color palettes, exceptional artistry and photography, glitter and foil embellishments, and dimensional attachments, all protected by plastic sleeves and the hefty box construction. When the card count gets low, simply replenish your kit with one of our refill collections (sold separately). When the moment calls for a card, you’ll love having this assorted greeting card box set right at your fingertips!

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American Greetings Funny Bread and Butter Anniversary Card
American Greetings Funny Bread and Butter Anniversary Card
Celebrate your love by sharing this funny anniversary greeting card with your other half. This boutique-sized card by just Wink features embossed lettering and graphics, and a cute bread-and-butter couple holding hands against a bright-orange background. It’s a cute, quirky way to pat yourselves on the back for sticking together another year.

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American Greetings Outer Space Cats Blank Card with Glitter
American Greetings Outer Space Cats Blank Card with Glitter
American Greetings Outer Space Cats Blank Card with Glitter

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American Greetings Premium Thank You Greeting Card Collection, 8-Count
American Greetings Premium Thank You Greeting Card Collection, 8-Count
Thank those you love! This thank you greeting card bundle features a variety of contemporary, cheerful designs that express gratitude in fresh ways. Concise yet heartfelt messages combine with sophisticated treatments like sparkling glitter, shimmering foil, cord and ribbon ties and dimensional attachments. Neatly packaged in a convenient cardboard box, this mix of 8 unique greeting cards and envelopes is protected by plastic sleeves to keep designs in tact. These handmade looks come at a great value, and you can stay organized by adding them to our upscale card collection starter kit box (sold separately). When the moment calls for gratitude, you’ll be glad you have this thank you greeting card pack at your fingertips!

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American Greetings Assorted Bright Birthday Cards with Inside Messages and White Envelopes, 12-Count
American Greetings Assorted Bright Birthday Cards with Inside Messages and White Envelopes, 12-Count
Wish every kid the best birthday! This juvenile birthday greeting card collection features a variety of bright and bold designs that capture the fun and magic of kids’ birthdays. Suitable for boys and girls from tots to teens, they’ll love the fun animal characters and birthday iconography. Neatly packaged in an plastic box, this mix of 12 greeting cards and envelopes includes 6 different designs. A great value for anyone who has lots of kids to celebrate, you’ll be glad you have a stockpile of amazing greeting cards at your fingertips!

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American Greetings Funny Sunny-Side Up Wedding Card
American Greetings Funny Sunny-Side Up Wedding Card
American Greetings Funny Sunny-Side Up Wedding Card

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$4.25



American Greetings I Love You Anniversary Card with Rhinestones
American Greetings I Love You Anniversary Card with Rhinestones
Celebrate your Love with a heartwarming anniversary card! beautifully decorated with die-cut hearts, pearlescent paper, shiny Red foil and sparkling rhinestone attachments, it’s the perfect way to show your spouse extra-special appreciation!

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