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Costco announces October sales figures

BY Doug Desjardins

ISSAQUAH, Wash. Costco reported a big 9 percent jump in same store sales in October.

Leading the way was a 17 percent increase in sales at its international stores with U.S. sales jumping 7 percent. The increase beat the 5.7 percent average predicted by analysts for the month.

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Rite Aid announces Mark Panzer’s departure

BY Michael Johnsen

CAMP HILL, Pa. Rite Aid Thursday announced that Mark Panzer, senior executive vice president and chief marketing officer, is leaving the company.

Panzer was responsible for merchandising, marketing and supply chain at Rite Aid. With his departure, these functions will report directly to Rob Easley, Rite Aid’s chief operating officer.

“Since Mark joined Rite Aid in 2001, he has contributed to the success of our company in several key roles on our leadership team,” stated Mary Sammons, Rite Aid chairman, president and chief executive officer. “We thank him for his hard work and dedication during his six years with us.”

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Supervalu, others acquire new automated refill technology

BY Doug Desjardins

MINNEAPOLIS Supervalu has purchased a non-exclusive license from Robert Katz Technology for use in its Automated Health Care Services portfolio. Supervalu said the agreement gives the company access to technology that will improve a number of areas including automated prescription refills.

“Many of our leading pharmacies such as Acme, bigg’s, Cub, Osco, Sav-On, Shop ‘n Save and Supervalu offer ‘Express Prescription Refill’ or ‘Easyfill’ services over the phone, which utilize many of the inventions in this portfolio of patents,” said Supervalu spokeswoman Haley Meyer. “Customers can, for example, dial in 24 hours a day, enter their prescription number and the last four digits of their phone number in order to quickly request a refill of their prescription This is an important group of patents.” Supervalu affiliates New Albertson’s Inc. and Albertson’s LLC also have access to the new technologies.

Among the other major clients to reach a settlement with Katz are: the Jean Coutu Group, Express Scripts, Safeway and Walgreen Co.

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