8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 5, 2009

CHECKPOINT SYSTEMS, INC.

(Exact name of Registrant as specified in its Articles of Incorporation)

Pennsylvania	22-1895850	22-11257
(State of Incorporation)	(IRS Employer Id)	Commission File Number

101 Wolf Drive, PO Box 188, Thorofare, New Jersey	08086
(Address of principal executive offices)	(Zip Code)

856-848-1800

(Registrant’s telephone number, including area code)

N/A

(Former name or address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR

      240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR

      240.13e-4(c))

Item 8.01 Other Events

This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Historically, we have reported our results of operations into three segments: Shrink Management Solutions, Intelligent Labels, and Retail Merchandising. During the first quarter of 2009, resulting from a change in our management structure we began reporting our segments into three new segments: Shrink Management Solutions, Apparel Labeling Solutions, and Retail Merchandising Solutions. Shrink Management Solutions now includes results of our EAS labels and library business. Apparel Labeling Solutions, formerly referred to as Check-Net®, includes tag and label solutions sold to apparel manufacturers and retailers, which leverage our graphic and design expertise, strategically located service bureaus, and our Check-Net® e-commerce capabilities. Our apparel labeling services coupled with our EAS and RFID capabilities provide a combination of apparel branding and identification with loss prevention and supply chain visibility.

In order to assist investors' understanding of the change in segments on a quarterly basis, we are furnishing herewith, certain financial information related to our segments. All segment financial information, beginning in the first fiscal quarter of 2009, will reflect this change. This change will be reflected on a retrospective basis, with prior years also adjusted to reflect the change in segments. We are issuing this Form 8-K in order to provide investors with summary financial information and historical data that is on a basis consistent with our new reporting structure. Exhibit 99.1 provides quarterly financial summary information by reportable segment for fiscal year 2008 and fiscal year 2007. There were no changes to the Retail Merchandising Segment.

Item 9.01(d). Exhibits       

Exhibit Number	Description
99.1	Historical Quarterly and Annual Financial segment information for fiscal 2008 and fiscal 2007 conformed to the Company’s new segment presentation.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CHECKPOINT SYSTEMS, INC.
DATE: May 7, 2009	By:	/s/Raymond D. Andrews
	Title:	Senior Vice President and Chief Financial Officer

Checkpoint Systems, Inc.

Index of Exhibits

Exhibit Number	Description
99.1	Historical Quarterly and Annual Financial segment information for fiscal 2008 and fiscal 2007 conformed to the Company’s new segment presentation.

EX-99.1

Exhibit 99.1

Checkpoint Systems, Inc.

BUSINESS SEGMENTS

(dollar amounts in thousands)

(Unaudited)

	Quarter (13 weeks) Ended				YTD (52 Weeks)
Fiscal 2008	March 28, 2008	June 29,  2008	September 28, 2008	December 28, 2008	December 28, 2008
Business segment net revenue:
Shrink Management Solutions	$ 154,561	$ 171,330	$ 179,388	$  182,073	$  687,352
Apparel Labeling Solutions	31,697	38,842	31,698	33,113	135,350
Retail Merchandising	23,362	26,028	22,909	22,081	94,380
Total revenues	209,620	236,200	233,995	237,267	917,082
Business segment gross profit:
Shrink Management Solutions	62,283	72,204	74,668	75,273	284,428
Apparel Labeling Solutions	12,086	13,290	11,386	10,246	47,008
Retail Merchandising	12,110	12,447	11,577	10,529	46,663
Total gross profit	86,479	97,941	97,631	96,048	378,099
Operating expenses	80,097	84,703	79,509	150,967	395,276
Interest (expense) income, net	(653)	(535)	(845)	(1,075)	(3,108)
Other (loss) gain, net	(1,164)	558	(1,512)	(6,806)	(8,924)
Earnings (loss) from continuing operations before income taxes and minority interest	$    4,565	$  13,261	$  15,765	$ (62,800)	$ (29,209)

	Quarter (13 weeks) Ended				YTD (52 Weeks)
Fiscal 2007	April 1, 2007	July 1,  2007	September 30, 2007	December 30, 2007	December 30, 2007
Business segment net revenue:
Shrink Management Solutions	$ 119,190	$ 138,561	$ 151,531	$ 201,945	$ 611,227
Apparel Labeling Solutions	28,244	33,130	31,037	34,170	126,581
Retail Merchandising	23,768	24,011	22,021	26,548	96,348
Total revenues	171,202	195,702	204,589	262,663	834,156
Business segment gross profit:
Shrink Management Solutions	50,043	58,694	63,830	83,166	255,733
Apparel Labeling Solutions	8,578	13,533	10,989	11,033	44,133
Retail Merchandising	11,658	10,768	10,829	12,851	46,106
Total gross profit	70,279	82,995	85,648	107,050	345,972
Operating expenses	64,114	64,336	67,250	83,454	279,154
Interest income (expense), net	851	940	1,321	(16)	3,096
Other (loss) gain, net	(524)	131	66	989	662
Earnings from continuing operations before income taxes and minority interest	$    6,492	$  19,730	$  19,785	$  24,569	$  70,576