Industry Notes for the week of Feb. 26

GaryPageau

 

Shutterfly settles Illinois biometric privacy suit

Law360 reports Shutterfly has reached a preliminary agreement to settle a biometric privacy lawsuit filed against it under Illinois’ Biometric Information Privacy Act (BIPA).

CES wrap up from Dealerscope

Did you miss the virtual CES 2021? Dealerscope’s Jeff Dorgay has a recap here. It’s almost like the real thing.

Financial News

Best Buy reports fourth-quarter online sales up 90%

Best Buy reported fourth-quarter online sales were up 90% in domestic online sales. “During the fourth quarter, our teams delivered an exceptional customer experience in a safe environment,” said Corie Barry, Best Buy CEO. “They showed amazing flexibility managing extraordinary volume in a dynamic environment. Online sales grew almost 90% to a record $6.7 billion and made up 43% of our total Domestic sales.

HP reports first-quarter sales up 7%

HP Inc. announced fiscal 2021 first-quarter net revenue of $15.6 billion, up 7.0% from the prior-year period.
Printing Segment net revenue was $5.0 billion, up 7% year over year (up 7% in constant currency) with a 19.8% operating margin. Total hardware units were up 16% with consumer hardware units up 18% and commercial hardware units flat. consumer net revenue increased 55% and commercial net revenue decreased 11%. supplies net revenue was up 3% (up 4% in constant currency).

CEWE plans to raise dividend for 12th consecutive year

The Board of Management of CEWE Stiftung & Co. KGaA resolved to propose to the Supervisory Board, on the basis of the preliminary unaudited figures for the 2020 financial year, to raise the dividend to 2.30 euros per eligible share, up from 2.00 euros.

People on the Move

Chari Pack, the founder of  Utah-based Persnickety Prints, was featured at Forbes.com as part of its “Tne Next 1000” list. Founded in 2010, the company had 43% YoY growth in 2020.

Rachel LaCour Niesen was promoted to Chief Product Officer at ShootProof.

DotPhoton named José Achache as chairman of the board. He is the founder and CEO of ALTYN, Geneva-based space and security company, a managing Director of AP-Swiss, a joint programme of ESA and the Swiss Space Office, and an advisor and a chairman of several startups.

Open Positions

Artifact Uprising

Artifact Uprising is looking for several open positions, including buyer, product designer (UX/UI), senior product manager, and software engineer.

Dakis

Dakis is looking for a full-stack software developer and an SaaS senior project manager.

Nations Photo Lab

Nations Photo Lab is looking for a Product+Business Development Manager for Artsy Couture.

Shutterfly

Shutterfly has numerous vacancies.

Are you hiring? Let our readers know! Email us at [email protected]

Positions wanted

Raghu Chaitanya has 16 years of experience in digital printing operations, sales and marketing, and business consultation. He specializes in the photobook segment. Most recently, he was with Pixel Splash Limited (Kenya).