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Tesco expects 30% energy savings from all-LED store
New York -- Tesco has opened its first all-LED store as the United Kingdom’s largest retailer continues its drive to reduce carbon emissions from its operations. Tesco expects that the use of the LEDs in its new Express location, in Loughborough, England, will produce a 30% energy savings compared to its other Express stores.
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Ikea CEO to step down
Stockholm, Sweden -- Ikea said Monday that its CEO Mikael Ohlsson will step down effective Sept. 1, 2013, and will be succeeded by Peter Agnefjall, current country manager of Ikea Sweden.
To prepare Agnefjall for his new role, Ikea said that he will serve as VP of the company beginning in 2013 until his September transition.