Couche-Tard Profit Up 35%
Toronto, Couche-Tard Inc. said profit in its second quarter ended Oct. 15 rose 35% on more profitable gasoline sales. Net income climbed to $74.7 million, from $55.5 million a year earlier. Sales for the three months rose 15% to $2.76 billion from $2.39 billion.
The company, which gets more than 60% of sales from gasoline, last month agreed to acquire 236 stations and stores in the United States from Shell Oil Co., giving it about 5,205 outlets in the United States and Canada.
Target Rolls Out Discounted Generic Program
Minneapolis, Target Stores announced on Monday that it will offer $4 generic prescription drugs at all 1,287 of its pharmacies, effective immediately. The move comes after Wal-Mart on Thursday rolled out its $4 generic Rx drug program to an 11 additional states and added 17 more prescriptions to the program.
Osram Sylvania Adds to CAPSYLITE Family of Halogen Lamps
Danvers, Mass.-based Osram Sylvania has introduced a new addition to its CAPSYLITE family of halogen lamps.
The CAPSYLITE e-PRO offers:
Compared to its predecessors, the CAPSYLITE e-PRO with a 30% increase in lumens per watt and superior beam control. The CAPSYLITE e-PRO also has a 4,500-hour lamp life, which is 80% longer than standard halogen PAR lamps.
It is designed to highlight merchandise, and for floor, accent and display lighting. Its bright white light brings out colors and helps merchandise look its best.