Cooper Lighting Introduces Mirror Luminaire
Richmond, Calif. – Cooper Lighting has introduced a new family of Shaper mirror luminaires for commercial and high-end applications offering versatility and glare-free illumination. Ideal in retail dressing rooms, bathrooms, salons and spas, the 601 Series is available in four sizes, and features a choice of either Vertical or Horizontal T8 Integral Lamp(s), two integrated shelf options and a GFI Duplex integrated receptacle.
All configurations on the 601 Series feature T8 lamp technology in combination with a matte white diffuser and extruded, ribbed, highly tooled prismatic acrylic lens producing glare-free illumination and a wide beam distribution for better light uniformity.
Available in 14 finishes (or custom color), specify Natural Aluminum finish with recycled aluminum content and dimmable electronic ballast for a sustainable design. Custom sizes are available. ADA-compliant and Energy Star rated.
Walgreen’s 4Q Drops
CHICAGO One of the nation’s biggest drug store chain operators announced that its fourth-quarter profit dropped nearly 4%, according to Monday’s reports.
Walgreens explained that because of lower reimbursements for popular generic drugs and increased store and staff costs, their net income tumbled.
According to the company’s earnings report, total expenses increased by more than 11% to $12.8 billion, which chairman Jeffrey Rein said was out of line with reimbursements the company received. Prescription sales accounted for nearly two-thirds of the company’s business.
“Managing both expenses and lower reimbursements on some generic drugs is my top priority,” he said in a company release. “We’re going to fix this, and at the same time continue our aggressive growth plan.”
While company’s revenues rose more than 10% to $13.4 billion from $12.2 billion, its net income slipped to $396.5 million, compared to $412.3 million earnings at the same time last year.
For the year, the company said that its earnings increased by to $2.04 billion ($2.03 per share), compared with $1.75 billion ($1.72 per share).
Jonathan Adler creates giftware line for B&N
NEW YORK Barnes & Noble is teaming up with ceramist Jonathan Adler for a new collection this fall.
According to reports, the line will launch in 400 stores on Oct. 20, and will include items such as an umbrella, mug and a vase made exclusively for Barnes & Noble. The collection will range in price from $5.95 and $29.95.