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AMER GREETINGS CL, (AM) Stock Research Free Stock Rating
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American Greetings Corporation engages in the design, manufacture, and sale of everyday and seasonal greeting cards, and other social expression products. It offers social expression products, including greeting cards, gift wrap, party goods, calendars, candles, balloons, and stationery, as well as non-prescription reading glasses, educational products, and custom display fixtures. The company operates in four segments: Social Expression Products, Retail Operations, AmericanGreetings.com, and Non-Reportable Operating segment. The Social Expression Products segment designs, manufactures, and sells greeting cards and other products through various channels of distribution with mass retailers as the primary channel and is managed by geographic location. The company owns and operates approximately 600 card and gift retail stores in the United States and Canada through its Retail Operations segment. The stores are primarily located in malls and strip shopping centers. AmericanGreetings.com, Inc. provides Internet-based greetings and other social communication content to consumers and Internet-based businesses. This segment operates online cards and entertainment Internet sites. The companys Non-Reportable Operating segment includes the design, manufacture, and sale of non-prescription reading glasses and display fixtures. The company operates in the United States, the United Kingdom, Canada, Australia, New Zealand, Mexico, and South Africa. In addition, it has licensees in approximately 70 other countries. American Greetings was founded in 1906. The company has its headquarters in Cleveland, Ohio.
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