Texas-based lighting retailer opens online store
Irving, Texas – Texas-based lighting retailer IMW Internet Ventures LLC is opening its new online store at CedarParkLighting.com. CedarParkLighting.com offers a variety of lighting solutions and plans to continually update its inventory as new items are introduced.
In addition to introducing its new online store, CedarParkLighting.com will also be launching a blog in the upcoming weeks. The blog will share complimentary resources with site visitors such as home decorating tips, the answers to frequently asked questions, instructional articles, and more.
Report: Abercrombie plans 100 China stores
New Albany, Ohio – Abercrombie & Fitch Co. reportedly plans to open 100 new stores under both its marquee and Hollister banners in China. According to China Daily, Abercrombie seeks to expand its presence in China during the next 10 years, and will also open a dedicated Chinese e-commerce site.
Abercrombie executives said China represents the company’s largest growth opportunity. The retailer currently has a flagship Chinese store in Shanghai. The Shanghai store is in a four-story glass building in the Jing’ai commercial district and includes store greeters and models.
Survey: LEDs gain over fluorescents
Yorba Linda, Calif. — For the first time, lighting professionals expect to install more LED than fluorescent fixtures over the coming year, according to the fourth annual lighting by Precision-Paragon [P2].
When asked what is the dominant lighting technology they expect to install in 2014, 49% of respondents selected LED, and 46% indicated fluorescent. Asked the same question last year, 26% selected LED, and 68% indicated fluorescent.
“Our industry has seen steady growth in LED lighting performance and sales in recent years,” said Joe Martin, VP and general manager, [P2]. “Picking the right technology is an important part of any lighting retrofit, and LED technology has advanced to the point that it can compete with fluorescent lighting in many applications.”
Survey respondents indicated that in 2013, LEDs accounted for 37% of the fixtures they installed. That’s up from 27% in 2012, and 13% in 2011.