Scalper1 News
Sales growth at online photo company Shutterfly (SFLY) is no longer outpacing overall U.S. e-commerce growth, a sign that the company is being hurt by increased competition, pricing pressure and “poor” mobile performance, says an analyst. “Shutterfly grew organic consumer revenue by an estimated 15% in 2013, vs. 17% growth for overall U.S. e-commerce, the first time Shutterfly has not beaten e-commerce industry growth since the company was founded Scalper1 News
Scalper1 News