News

Device fools burglars into thinking somebody’s home

BY Alaric DeArment

EDEN PRAIRIE, Minn. — Strictly speaking, television is a pulsating blue light, which is why from the outside of a house, it makes it look as though the entire living room or bedroom is glowing blue while turned on. That’s the basic principal behind a new device designed to ward off burglars.

FakeTV, manufactured by Hydreon Corp., uses LEDs to simulate the light produced by a television set, using a built-in computer to produce effects that emulate variations in light and color that come from scene changes, camera pans, fades, flicks and on-screen motion.

"My wife and I were going out for the evening, and I decided to leave the TV on so that it looked like somebody was still at home," inventor Blaine Readler said. "I commented that it was a shame to waste all that electricity, when the burlgars couldn’t even see the picture itself, just the reflection on the wall."


Find us on Facebook for even more insight, analysis and the latest in drug store news.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

Walgreens raises quarterly dividend, names new controller

BY Michael Johnsen

DEERFIELD, Ill. — The board of directors of Walgreens on Thursday declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend. The dividend is payable March 12, 2013, to shareholders of record Feb. 15, 2013.

Walgreens has paid a dividend in 321 straight quarters (more than 80 years) and has raised its dividend for 37 consecutive years. Over the last five years, Walgreens annual dividend rate has increased from 38 cents per share to $1.10 per share, resulting in a compound annual growth rate of nearly 24%.

The board today also elected Ted Heidloff as controller of the company. Heidloff succeeds Mia Scholz, who continues in her role with Walgreens as SVP corporate financial operations.

Heidloff, 36, had served as assistant controller since joining Walgreens in May 2011. Previously, he served as controller of Aon Hewitt, a division of Aon Corp., from October 2010 to April 2011, and as assistant controller of Hewitt Associates from September 2008 to September 2010. He also served as controller of Brunswick Boat Group, a division of Brunswick Corp., from April 2007 to August 2008.

 


Find us on Facebook for even more insight, analysis and the latest in drug store news.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

New Year revelations

BY Dave Wendland

If you are like a lot of people, hanging a new calendar has inspired you to embrace new beginnings and experimentation. Every January morning begins with plans to put insights into action.

And if you are like a lot of other people, you’re feeling desperate for different outcomes in 2013, while still doing things the 2012 way.

Whichever group you are in, take heart. You have time. In fact, now is the perfect time to set your course based on what you learned last year. While the inevitable naysayers might prognosticate about a grim future, I foresee a very positive 2013. Especially for those who are bold enough to take a chance on educated guesses.

Here are a few of my “New Year Revelations” for consumer health care in 2013:

  1. De-cluttered shelves and refined assortments are in. Retailers and manufacturers must embrace “less is more” in this age of attention spans lasting no longer than the time it takes to send a text message. If shopping is confusing and difficult because of too many choices or ill-conceived merchandising, consumers will vote with their feet.
  2. Ubiquitous communication is in. Your message has to be omnipresent. And consistent. All the time. When a consumer meets your brand, she needs a familiar yet unique experience. Why? Because consumers need reassurance that they can count on your brand. They also need reminders of why they like your brand in the first place.
  3. The price is right is in. Pricing is part art, part science, with a dash of math and a pinch of intuition. A recent survey by Boston Consulting Group found that 53% of global retail executives believed pricing should be a top priority, but only 38% felt that the company was taking measures to get it right. Examining pricing from a consumer value perspective in 2013 is a good first step.
  4. Leather wallets are out. Along with canvas, vinyl, burlap or any other textile that protects your paper and plastic money. This is the year the digital wallet makes a splash. Permitting shoppers to make purchases through the platform of their choice is something you need to start planning for now, before demand grows.
  5. Ignoring the data is out. How many strategic decisions do you make without consulting your mountains of loyalty card statistics, consumer feedback and transactional level data? If you answered “less than 50%,” listen up. Why collect the data if you don’t plan to mine it? Seize the opportunities to optimize operations and product plans with well-sifted data. (And if you really want to, you can still make fancy graphs and pretty charts with it.)

There was a time when revelations like these took years to come to fruition. Today’s pace of business makes it entirely possible that these five priorities could be — or must be — tackled before 2014.

But take note: The train has already left the station on some of these initiatives. Are you on board?


Dave Wendland is VP and co-owner of Hamacher Resource Group, a retail healthcare consultancy located near Milwaukee, Wis. He directs business development, product innovation and marketing communications activities for the company and has been instrumental in positioning HRG among the industry’s foremost thought leaders. You may contact him at (414) 431-5301 or learn more at Hamacher.com.

MORE ARTICLES FROM DAVE WENDLAND >

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES