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Cub Foods gives thanks with new campaign

BY Allison Cerra

STILLWATER, Minn. — A Supervalu subsidiary is getting into the holiday spirit with a new campaign that gives back to the communities it serves.

Through its Giving Thanks holiday program, Cub Foods will sell $1, $5 and $10 “Giving Thanks” coupons. With the funds raised, the supermarket chain will donate gift cards to local food banks or agencies in time to provide a Thanksgiving or holiday meal to families.

“This year has been a difficult one for many families within the communities where we serve,” said Cub Foods president Keith Wyche. “We hope our customers will find our Giving Thanks holiday program to be an easy and convenient way for them to truly impact families, especially as difficult economic conditions have led to unprecedented demands on food banks.”

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CNE announces partnership with Hallmark Cards

BY Allison Cerra

NEW YORK Cartoon Network’s global licensing and merchandising arm has inked a deal with a greeting card manufacturer.

Cartoon Network Enterprises said its long-term partnership with Hallmark Cards will include greeting cards and party supply items based on Cartoon Network’s portfolio of brands, including Ben 10 Ultimate Alien, Generator Rex and Adventure Time, CNE said.

Hallmark’s product offerings will be available throughout North America.

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Net sales jump in Q3 for Drugstore.com

BY Michael Johnsen

BELLEVUE, Wash. Drugstore.com on Tuesday reported a 23% increase in net sales to $108.8 million for the third quarter ended Oct. 3.

 

“Including a strong performance from SkinStore.com, over-the-counter sales increased 26% year-over-year,” stated Dawn Lepore, CEO and chairman at Drugstore.com. “During the quarter, we did experience supply constraints from a few of our major vendors and some softness in discretionary spending, which impacted growth and resulted in increased promotions,” she said. “[But] with continued growth in our [over-the-counter] and vision segments, we remain on track to hit our 2010 goals of OTC revenue growth of 24% to 28%, doubling our prestige beauty business and delivering $16 to $20 million in revenues from our partnerships.”

 

 

For fourth quarter 2010, Drugstore.com is targeting net sales in the range of $118 million to $122 million. As a reminder, fourth quarter 2010 is a 13-week period and compares with a 14-week period in fourth quarter 2009, the online retailer stated.

 

 

Drugstore.com served approximately 447,000 new customers, excluding strategic partnerships, during the quarter, up 21% over the same period in the prior year. Marketing and sales expense per new customer, excluding partnership orders, increased to $25.

 

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