Impinj to make IPO
SEATTLE — A company that makes tracking technology for retailers and drug companies is making an initial public offering.
Seattle-based Impinj, which makes ultra-high-frequency radio-frequency identification tags, made the announcement Thursday, saying it had filed a registration statement with the Securities and Exchange Commission relating to a proposed IPO.
Impinj’s tags, which are cheaper and smaller than regular RFID tags, are used by retailers to track inventory and by drug companies to keep counterfeit drugs out of the supply chain.
Wegmans leaves ‘circle W’ to Walgreens
ROCHESTER, N.Y. — Wegmans Food Markets and Walgreens have agreed to settle the lawsuit commenced by Walgreens in November 2010 in which the drug store chain claimed that certain Wegmans logos infringed Walgreens trademarks, the supermarket chain announced Friday.
According to Wegmans, the grocer agreed to discontinue the use of the “circle W” symbol on its Wegmans brand product packaging by June 30, 2012. Wegmans retained the right to freely use the name “Wegmans” in script, as well as its other marks. Wegmans did not admit liability as part of the settlement.
“The cost of making relatively minor changes to a limited number of products was much less than the cost of litigating this case to the end,” Wegmans director of media relations Jo Natale said. “We wanted to return to a logo we had used many decades ago. There was never any intent on our part to make our products or logos resemble those of Walgreens.”
Report: Pennsylvania stores may roll out kiosks for hard liquor
HARRISBURG, Pa. — Pennsylvania soon will be piloting hard-liquor kiosks in grocery stores, according to a report published Thursday by The Patriot-News.
The Pennsylvania Liquor Control Board last summer launched wine kiosks into stores and is expanding distribution options — hard liquor by the bottle can only be sold through state-owned stores — in an effort to satisfy residents’ demand for greater convenience, the daily reported.