CSK Auto Sales Up in 3Q
Chicago, CSK Auto Corp. said on Monday sales rose about 16% in its fiscal third quarter mainly on acquisitions, and that it would further delay filing formal results due to ongoing financial restatements. Sales rose 16% to $473.8 million in its third quarter ended Oct. 29, mainly due to the acquisition of Murray’s Discount Auto Stores in December 2005.
CSK Auto said in September that two top executives and several finance staff had left the retailer following an investigation of accounting errors and improprieties that will result in various restatements dating to 2001.
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.