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July 21, 2014

GE Capital announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility.

Norwalk, Conn. -- GE Capital announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility. The financing will be used to support the company’s recent acquisition by Sailing Innovation (Sailing) and general working capital needs.

May 30, 2014

GE Lighting and ByteLight are introducing LED lighting fixtures that communicate with shoppers’ smart devices while in-store, enabling retailers to provide location-based services using GE LED infrastructure.

Fairfield, Conn. - GE Lighting and ByteLight are introducing LED lighting fixtures that communicate with shoppers’ smart devices while in-store, enabling retailers to provide location-based services using GE LED infrastructure. ByteLight’s indoor location technology embedded inside GE LED fixtures will provide the ability to understand the precise location of shoppers using an opt-in application powered by ByteLight on their smartphones and tablets.

October 21, 2013

RadioShack has secured a financial boost from GE Capital, securing a loan of about $835 million, according to Marketwatch.com.

New York -- RadioShack has secured a financial boost from GE Capital, securing a loan of about $835 million, according to Marketwatch.com.

The loan, backed by inventory and other existing assets, will help the chain refinance the company's outstanding bank debt and free up cash for its ongoing revamp, the report said.

 

October 15, 2013

GE Capital Retail Bank announced a long-term extension of its private label and dual card credit program with J.C. Penney Co.

Stamford, Conn. -- GE Capital Retail Bank announced a long-term extension of its private label and dual card credit program with J.C. Penney Co.

Launched in 1999, the credit card program is managed by GE Capital’s Retail Finance business and available for purchases at any of the nearly 1,100 J.C. Penney stores across the United States and Puerto Rico.

October 15, 2013

Kodak Alaris today unveiled the Kodak Photo Service, which opens the company's worldwide installed base of Kodak picture kiosks and printers to content providers, creating new revenue streams for both them and retailers.

Rochester, N.Y. -- Kodak Alaris today unveiled the Kodak Photo Service, which opens the company's worldwide installed base of Kodak picture kiosks and printers to content providers, creating new revenue streams for both them and retailers.

February 13, 2013

GE Capital Retail Bank, a consumer lending unit of General Electric Company (GE), has renewed its private label credit card program with J.C. Penney Co.

Stamford, Conn. -- GE Capital Retail Bank, a consumer lending unit of General Electric Company (GE), has renewed its private label credit card program with J.C. Penney Co.

The JCP consumer card program provides credit to millions of consumers who shop at more than 1,100 J.C. Penney stores in communities across the United States and Puerto Rico, as well as online at JCP.com.

October 30, 2012

Walmart's wind turbine at its distribution center in Red Bluff, Calif., is now operational.

Red Bluff, Calif. -- Walmart's wind turbine at its distribution center in Red Bluff, Calif., is now operational. The wind turbine is Walmart's first onsite industrial-sized wind turbine and will generate approximately 2,200,000 kilowatt-hours of power, providing up to 20% of the distribution center's annual electricity use. U.S. House Representative Wally Herger joined local officials, as well as Walmart and Foundation Windpower executives, to commemorate the pilot project.

September 4, 2012

GE Capital said that it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith, owned by parent company Golfsmith International.

Norwalk, Conn. -- GE Capital said Friday that it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith, owned by parent company Golfsmith International. 

GE said the credit facility will be used to support working capital and to refinance existing debt.
 
"GE Capital structured the financing that will enable us to make … our ongoing operations a success," said Sue Gove, president and COO of Golfsmith International. 

August 24, 2012

A switch to LED lighting technology in its refrigerated coolers has resulted in combined energy and maintenance savings of more than $1 million annually for convenience store operator Wawa.

New York -- A switch to LED lighting technology in its refrigerated coolers has resulted in combined energy and maintenance savings of more than $1 million annually for convenience store operator Wawa.

The new technology, Immersion from GE Lighting Solutions, has been installed in Wawa’s 600 locations across the Mid-Atlantic region, and has reduced refrigerated cooler/freezer electricity and maintenance expense by a combined 78% since its adoption.

June 29, 2012

Brookshire Brothers has launched a facility-wide lighting update, including in-store, parking lot, exterior signage and refrigerated case fixtures.

New York -- Brookshire Brothers has launched a facility-wide lighting update, including in-store, parking lot, exterior signage and refrigerated case fixtures.

Using a combination of new linear fluorescent lighting and LED technologies -- from GE Lighting, East Cleveland, Ohio -- Brookshire will, once all of its stores have been completed, reduce its annual operating costs more than $235,000.

April 17, 2012

Solid-state lighting took center stage at the SPECS Sustainability session, “LEDs: Perception and Reality.”

Speaker Leigh Savage, national accounts manager, GE Lighting, debunked many of the myths that surround LED lighting. They included:

• LEDs produce no heat at all. FALSE

• LEDs are more efficient than any other light source. NOT NECESSARILY.

• LEDs are still too expensive to use in retail applications. FALSE

November 30, 2011

Solid-state lighting figures prominently in Starbucks’ newly renovated Time Square flagship in New York City.

New York City -- Solid-state lighting figures prominently in Starbucks’ newly renovated Time Square flagship in New York City. The retailer utilized the services of Focus Lighting, a New York-based architectural lighting design firm, which called upon LED Source, an international supplier of LED lighting.

“LEDs are the most energy-efficient lighting solution on the market,” said Joe Zamore, VP of business development, LED Source, Wellington, Fla., which specializes specializes in full-scale evaluations and retrofits.

October 24, 2011

For commercial, on-premise signs, luminance (brightness) emerged as a key issue in 2005, when the California Energy Commission (CEC) first adopted the Title 24 regulations for electric signs. 


October 24, 2011

Ultra Diamonds has unveiled a contemporary prototype that provides the ideal home for its sparkling merchandise. The design showcases the breadth and diversity of the jewelry retailer’s assortment, while putting a stylish new spin on the space.


“It also makes the environment more inviting and accessible,” said Gordon Eason, creative director, JGA, Southfield, Mich. 


October 7, 2011

Lighting Science Group is performing an LED lighting upgrade for Villa, the Philadelphia-based urban-inspired apparel and footwear retailer.

Satellite Beach, Fla. -- Lighting Science Group is performing an LED lighting upgrade for Villa, the Philadelphia-based urban-inspired apparel and footwear retailer. Villa estimates the lighting upgrade will pay for itself in one to two years, with energy and maintenance savings continuing to shave costs from its bottom line going forward.

September 27, 2011

Jo-Ann Fabric and Craft Stores has reduced energy by switching to solid-state lighting in the parking lot at its Ohio headquarters and adjacent store. The energy-efficient LEDs have also had a positive impact on the overall appearance of the areas.


“We’re seeing an 80% lighting-system energy savings compared with our previous high-intensity discharge units,” said Debbie Mansfield, director, energy and facilities for Jo-Ann Fabric and Craft Stores, Hudson, Ohio, which operates more than 751 stores nationwide.


August 31, 2011

Cree has acquired Ruud Lighting, a supplier of LED outdoor lighting, at an estimated net cost of approximately $525 million.

Durham, N.C. -- Cree has acquired Ruud Lighting, a supplier of LED outdoor lighting, at an estimated net cost of approximately $525 million. The companies’ shared focus on best-in-class LED-based systems has led to thousands of LED lighting installations over the past several years, Cree said.

Ruud Lighting will continue to be based in Racine, Wis., and will operate as a subsidiary as part of Cree’s lighting business.
 

January 19, 2011

Denny’s Corp. has chosen LED lights from Cree as the preferred lighting standard for all its new and remodeled stores across the United States.

Durham, N.C. -- Denny’s Corp. has chosen LED lights from Cree as the preferred lighting standard for all its new and remodeled stores across the United States. Cree’s six-inch downlights are being specified in various applications, including dining areas and restrooms.

June 22, 2010

Southern Imperial announced the release of the Allura LED Light Kits for under shelf and...

December 31, 2009

Chain Store Age editor Marianne Wilson spoke with Jensen about this rapidly evolving technology.  ...

Chain Store Age editor Marianne Wilson spoke with Jensen about this rapidly evolving technology. 

To date, what has been the primary use of LED lighting in retail stores? 

The primary applications of LED lighting have fallen in the areas of accent lighting and displays. Because LEDs provide the ability to mix colors and are a very directional light source, they have offered designers with options to create interesting display environments with a highly reliable light source that is virtually maintenance-free.

May 31, 2008

One of the biggest challenges confronting store operators and facility managers is how to...

May 5, 2008

Rosemont, Ill.-based Advance has expanded its innovative family of ROVR digital addressable controllable fluorescent lamp...

March 30, 2008

Circuit City Stores Inc. said Monday it is shrinking its home-installation business in response to...

February 24, 2008

Advance's new e-Vision electronic HID ballasts incorporate dedicated circuitry for self heating thermal protectors for...

January 15, 2008

Des Plaines, Ill. Juno Lighting Group introduces...