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Ikea stores to sell only LED lighting by 2016
Plymouth Meeting, Pa. -- Ikea said Monday that it plans to sell only energy-efficient LED lighting by 2016. The move comes two years after the Swedish retailer phased out incandescent bulbs.
Ikea said it believes the shift to the longer-lasting bulbs will help set an environmentally friendly example in the industry. It also will help save the company about $10 million to $20 million a year, or 10%, in lighting costs at its 300 stores around the globe, said Steve Howard, the company's chief sustainability officer.