Lighting has been an integral part of Walgreens since its first store opened in 1901, which featured “new, bright lights to create a cheerful, warm ambiance,” a marked departure from the dimly-lit stores of competitors. Powered by Cree TrueWhite ® Technology, Cree CS18 and CR24 architectural troffers deliver 90+ CRI, providing exceptional color rendering to showcase merchandise in their truest colors.“With Cree, the colors of our merchandise pop to such an extent that customers can easily see items on the bottom shelves,” added Meyers. “There is a distinctively different feel when you walk into this store. Cree ® LED lighting has a better quality to it. It’s crisper and cleaner. That’s valuable to us, particularly as a retailer trying to make our product look as appealing as possible.” Please visit www.cree.com/lighting/walgreens to read the full case study and view images of the installation. About Cree Cree is leading the LED lighting revolution and making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, mercury-free LED lighting. Cree is a market-leading innovator of lighting-class LEDs, LED lighting and semiconductor products for power and radio-frequency (RF) applications. Cree's product families include LED fixtures and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and RF devices. Cree ® products are driving improvements in applications such as general illumination, electronic signs and signals, power supplies and solar inverters. Please refer to www.cree.com/lighting for additional product and company information. This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including the risk that actual savings and lifetimes will vary from expectations; that Walgreens’s plans for additional stores to install LED lighting may change; the rapid development of new technology and competing products that may render Cree’s products obsolete; and other factors discussed in Cree’s filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended June 30, 2013, and subsequent filings.
Cree ®, Cree TrueWhite ®, and TrueWhite ® are registered trademarks, and CR24 ™, CS18 ™, and CS14 ™ are trademarks of Cree, Inc.