Energizer introduces new portfolio of lighting products
NEW YORK — Energizer is set to launch a new portfolio of lighting products this spring, the New York Times "Gadgetwise" blog reported today. The new line is expected to hit Target shelves in late March, followed by other mass merchandisers later on.
The line consists of four portable, multipurpose lanterns and flashlights that incorporate what the company calls “smart dimming technology,” essentially a dimmer switch that allows users to lower the intensity of the light and conserve battery life. The Energizer Folding Lantern (pictured above) uses light from tiny LEDs that are spread across a flat, plastic panel to provide 360 degrees of light.
The entire portfolio of lighting products uses “light fusion technology,” which distributes light uniformly through laser-etched acrylic panels.
Energizer claims the Folding Lantern output provides up to 300 lumens and can run for up to 100 hours, has a SRP of $40 and can run on four or eight AA batteries.
Safeway contracts OneHealth Solutions on comprehensive ‘healthy living’ service for employees
SOLANA BEACH, Calif. — OneHealth Solutions on Wednesday announced that Safeway has selected OneHealth to help support healthy living for its 171,000 employees. "Safeway is committed to developing programs that enable our employees to make informed and sustainable healthcare decisions," stated Kent Bradley, SVP and chief medical officer at Safeway. "We offer a number of innovative healthcare programs, and integrating a peer support program like OneHealth allows us to leverage the power of the community to support individuals on their health journey."
Safeway’s benefit-eligible employees and their dependents can access OneHealth’s private, technology-enabled service for a wide range of chronic behavioral and medical conditions, including addiction, depression, stress reduction, asthma, obesity and caregiver/family support around the clock. OneHealth’s HIPAA-compliant Social Solutioning platform includes access to peer health coaches, community managers, expert discussions and live online meetings and group chats where members can learn and interact with guest experts to drive positive behavior change.
The importance of implementing programs that help improve the psychosocial aspects of employee health is underscored by a new study co-authored by Ron Goetzel, a research professor and the director of Emory University’s Institute for Health and Productivity Studies and VP consulting and applied research for Truven Health Analytics, demonstrating that 22.4% of the $366 million spent annually by seven employers can be attributed to just 10 health risk factors. For example, the study found that annual medical spending for an employee with depression is 48% higher than for a worker without depression.
Dollar Tree reports Q4, 2012 fiscal year results
CHESAPEAKE, Va. — Dollar Tree reported consolidated net sales for the fourth-quarter jumped 15.4% to $2.25 billion compared with $1.95 billion reported for the quarter ended Jan. 28, 2012. Comparable-store sales increased 2.4%, on top of a 7.3% increase for the fourth quarter 2011.
Earnings per diluted share for the fourth quarter were $1.01, an increase of 26.3% compared with the 80 cents earnings per diluted share reported for the fourth quarter 2011.
“I am pleased with the growth of Dollar Tree’s sales and earnings in the fourth quarter and for the year of 2012,” said president and CEO Bob Sasser. “On top of a very strong fourth quarter performance in 2011, average basket size increased and customers responded this year in record numbers. These results were achieved through the efforts of thousands of Dollar Tree associates across North America, working every day to provide a unique assortment of merchandise at great values in stores that are clean, bright, and fun to shop.”
During the fourth quarter, Dollar Tree opened 47 stores, expanded or relocated 6 stores, and closed 6 stores. Retail selling square footage increased 7.7% compared to a year ago, to 40.5 million square feet.
The company estimates sales for the first quarter of 2013 to be in the range of $1.84 billion to $1.89 billion, based on low single-digit positive comparable-store sales and 6.8% square footage growth. Diluted earnings per share are expected to be in the range of 53 cents to 58 cents.