Vu1 to Sell Mercury-Free Light Bulbs in Lowe’s Stores, CEO Says
News from Bloomberg:

Vu1 Corp. (VUOC), a U.S. developer of mercury-free lights, will sell its energy-efficient bulbs at Lowe’s Cos. stores in its first deal with a major retailer, Chief Executive Officer Scott Blackstone said.

Lowe’s, with more than 1,700 stores across the U.S., Canada and Mexico, will initially sell the bulbs online and then in its shops next year, Blackstone said by phone from New York. While sales of the lights, which are about 70 percent more efficient than incandescent bulbs, are currently limited to “sampling,” there’s potential to generate “serious volumes,” he said.

Vu1, based in New York,…………… continues on Bloomberg
… Read the full article

Related News: