OPERATIONS

Office Depot to Move Headquarters

BY CSA STAFF

Boca Raton, Fla., Office Depot Inc. broke ground Tuesday on a new headquarters in Boca Raton, Fla. The facility, expected to be completed in 2008, will replace a current headquarters in Delray Beach. It will accommodate up to 2,500 people, 500 more than the current facility.

?“It symbolizes not only our growth, from a company operating a single store in South Florida to a $15 billion enterprise serving customers in 42 countries, but also our commitment to the local community that gave us our start,” Office Depot’s Chairman and CEO, Steve Odland, said in a statement. ??

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FINANCE

Target Rolls Out Discounted Generic Program

BY CSA STAFF

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.

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News

Osram Sylvania Adds to CAPSYLITE Family of Halogen Lamps

BY CSA STAFF

Danvers, Mass.-based Osram Sylvania has introduced a new addition to its CAPSYLITE family of halogen lamps.

The CAPSYLITE e-PRO offers:

  • Electronic. The innovative rocket-shaped circuit board enables the lamp to produce 35% more lumens and last 80% longer than a similar wattage halogen PAR lamp.
  • Energy Savings. Using a 35-watt lamp in place of a 50-watt lamp provides a 30% energy savings with nearly the same lumen output.
  • Environment. CAPSYLITE e-PRO lamps are lead-free, last longer and consume less energy than the halogen lamps they replace.
  • Eye-catching. Color temperature is 100 Kelvin (K) higher than similar wattage standard halogen lamps.
  • 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.

    www.sylvania.com

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