Replacing instore lighting as part of green initiative
Furniture retailer Ikea is to sell only LED-based energy-saving lighting by 2016. The switch away from incandescent bulbs and halogen lights to LED lighting will make it the first US home furnishing retailer to do so, and will start the move to the greener light sources by replacing over a million in-store lights with the LED bulbs.
Ikea gets into electronics with the help of TCL
Swedish assembly-required furniture maker Ikea has now gotten into electronics with the Uppleva, which translates to Experience. The design is a home theater system with the HDTV, Blu-ray player/audio receiver, and sound system integrated into a stand that can be customized to a buyer's taste. The electronics come from China's TCL Multimedia, though specs are thin.
Current tax scheme may be hurting key services
A Democrat from Massachusetts, Rep. Bill Delahunt, has proposed new legislation that would remove the protections online retailers have enjoyed in terms of state sales taxes. At present, people buying from an out-of-state website are not required to pay the sales taxes that would normally be owed at a retail shop. The US Supreme Court has ruled that without new law, out-of-state retailers cannot be made to collect sales tax.