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Cooper Lighting Announces 2008 Class Schedule

BY CSA STAFF

Peachtree City, Ga. — The SOURCE, a leading lighting education facility, has released the 2008 calendar of classes for the lighting and design community. Located at Cooper Lighting’s headquarters in Peachtree City, Ga., the 35,000-sq.-ft. state-of-the-art facility is considered to be one the lighting industry’s most complete, offering a wide variety of seminars designed to broaden the understanding of lighting and its applications.

Members of many professional organizations are required to earn some form of continuing education units or credits to demonstrate currency of knowledge and skills and to maintain their professional standing. The SOURCE supports this nationally recognized measurement of accomplishment by providing seminars and workshops, which are pre-certified educational opportunities to obtain such recognition. Upcoming seminars/workshops for 2008 include:

April Lighting Fundamentals/Lighting Basics – $500      April 16-18 Healthcare Lighting Solutions Workshop – $350      April 28-29

May: Energy Solutions for Commercial & Industrial Lighting Design- $350   May 1-2

June: Lighting Fundamentals/Lighting Basics – $500      June 4-6

July: Fundamentals & Lighting Basics for Distributors & Contractors – $500   July 16-18 Residential Lighting Solutions Workshop      July 30-31

August:  Retail Lighting Solutions Workshop – $350      August 6-7 Lighting Fundamentals/Lighting Basics – $500      August 20-22 

September: Energy Solutions for Commercial & Industrial Lighting Design – $350   September 22-23 Advanced IRiS Solutions – $350        September 25-26

October:  Lighting Fundamentals/Lighting Basics – $500      October 8-10 Healthcare Lighting Solutions Workshop- $350      October 21-22 Exterior Lighting Design Solutions – $350      October 28-29

November: Energy Solutions for Commercial & Industrial Lighting Design II – $500   November 5-7 Fundamentals & Lighting Basics for Distributors & Contractors – $500   November 12-14

December: Lighting Fundamentals/Lighting Basics – $500      December 10-12

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Pep Boys posts 4Q sales loss

BY CSA STAFF

PHILADELPHIA The Pep Boys announced that sales for the fourth quarter ended Feb. 2 were $517.6 million, as compared to the $578 million recorded for the fourth quarter ended February 3, 2007. Excluding the 14th week of fourth quarter 2006, comparable-merchandise sales decreased 4.4% and comparable-service revenue decreased 1%.

The company reported a fourth quarter net loss of $18.5 million, or 36 cents per share – basic and diluted, from net earning of $7.9 million, or 15 cents per share – basic and diluted, for the same period last year. According to Pep Boys, the net loss included $8.5 million of margin reductions related to the exiting of non-core merchandise, $6.2 million in store closure costs and $6 million in debt pre-payment costs.

Sales for the fiscal year ended Feb. 2 were $2.14 billion as compared to the $2.24 billion recorded last year. Excluding the 53rd week of 2006, comparable-merchandise sales decreased 4.2% and comparable-service revenue increased 1.8%.

Net loss increased from $7.07 million, or 13 cents per share – basic and diluted, to  $37.4 million, or 72 cents per share – basic and diluted. 

President and ceo Jeff Rachor commented, “While the difficult economic backdrop created sales challenges during the fourth quarter, we are pleased to confirm that our progress to date leaves us well positioned to complete this first important step in our strategic plan by the beginning of the second quarter of this year.

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ALDI launches ‘smart’ ad campaign

BY CSA STAFF

NEW YORK ALDI has launched a new television campaign in the United States.

The four commercials center on the themes of “musical,” “soccer mom,” “extended family” and “dinner party.” Each one presents a different scenario, i.e. shopping for a big family, or putting together the perfect dinner party, and ties into the ALDI motto of “shopping smart.”

The commercials can be viewed on ALDI’s Web site.

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