This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cree LED Lighting Delivers Exceptional Light Quality While Saving Significantly On Energy And Maintenance For Tempe, Ariz. Bashas’ Grocery Store

Bashas’, a family owned and operated grocery retailer in the western United States, recently installed energy-efficient LED lighting from Cree, Inc. (Nasdaq: CREE) to better illuminate its Tempe, Ariz. location. The newly renovated store features luminaires powered by Cree TrueWhite ® Technology, delivering superior light quality that helps make products more attractive to customers, while enjoying the benefits of a quick payback and an anticipated energy savings of 47 percent over the store’s previous design.

“Shopping is a highly visual experience and it’s critical to showcase products in their most appetizing colors,” said Scott Murphy, construction manager for Bashas’. “When we decided to remodel the Tempe location, we initially chose fluorescent T8s and CFL downlights until we were introduced to Cree LED lighting. Cree luminaires not only deliver the best LED lighting in the industry but also provide significant energy and maintenance savings compared to outdated technologies. In the grocery store industry, it’s all about margins and Cree helped add green to our bottom line.”

Featuring a number of luminaires from Cree’s extensive portfolio—Cree ® CS18™ linear luminaires, CR24™ troffers, and LR6™ and LE6™ downlights—the installation resulted in a one-for-one replacement against the original specification due to the upgrade in light quality as well as energy and maintenance savings. Additionally, the Cree CS18 luminaires deliver strong vertical light levels, illuminating all levels of the store’s shelves using less power and providing significant energy savings.

“Businesses like Bashas’ no longer have to choose between color quality and savings,” said Mike Bauer, vice president of lighting sales, Cree. “Cree luminaires provide a truly no-compromise alternative to fluorescent lighting with exceptional light quality, reduced energy and reduced maintenance costs—all working to increase the bottom line.”

The installed Cree luminaires further help reduce energy consumption with their dimming capabilities. Supermarkets can see even greater energy savings with this technology, especially during hours with low shopper volume. Bashas’ expects the Cree system to pay for itself within two years*. More importantly, the Cree luminaires are backed by Cree’s 10-year industry-leading warranty, providing investment protection.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,776.91 +93.33 0.53%
S&P 500 2,081.34 +12.58 0.61%
NASDAQ 4,997.4590 +5.5190 0.11%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs