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Metrologic Releases New Premium Five-Sided Bioptic Scanner/Scale

BY CSA STAFF

Blackwood, N.J. – Metrologic Instruments, Inc. today announced the release of the newest edition to the company’s line of 360°-bioptic scanners. The MS2400 Stratos five-sided bioptic scanner/scale increases productivity in demanding, high-volume seated and small checkout environments. The MS2400 Stratos is now available for purchase worldwide.

In addition to supporting the Stratos family’s exclusive patented features, the MS2400 Stratos comes with more than 10 additional enhancements, including: a faster microprocessor, advanced decoding software and the ability to perform firmware Flash upgrades via a USB interface. The MS2400’s patented independent scanning planes and modular design promote easy set up, lower maintenance costs and ensure continuous operation.

The MS2400 Stratos separates itself from the competition with its scanning architecture, which was specifically designed to handle poor-quality barcodes. To help retailers boost checkout productivity, the MS2400 Stratos reads high-density codes as small as 4.5 mil and gives operators using a rapid scanning motion the ability to process a product in a single pass regardless of orientation.

Metrologic plans to discontinue production of the MS2200 StratosS before the end of 2007.
www.metrologic.com

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Walgreen’s 4Q Drops

BY CSA STAFF

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).

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Jonathan Adler creates giftware line for B&N

BY CSA STAFF

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.

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