June 25, 2014
High-Quality Cree LED Lighting Drives Plans for Widespread LED Rollout
Walgreens Co. (NYSE: WAG) (Nasdaq: WAG), one of the nation’s leading retailers, selected energy-efficient LED lighting by Cree, Inc. (Nasdaq: CREE) for its Goodyear, Ariz. location, delivering superior illumination while lowering the total cost of ownership compared to fluorescent lighting alternatives. The 14,820 square-foot store now features Cree® LED troffers, linear luminaires and downlights, saving the retailer thousands in annual energy and maintenance costs.
“Cree’s products deliver among the best light levels in the industry matched with superior efficacy, which helps lower our total cost of ownership since less power is needed to illuminate all levels of our shelves over alternative light fixtures,” said Jamie Meyers, manager of sustainability for Walgreens. “We had been l ...