Capstone Lighting Task, Booklights and Novelty LED Lighting Products on Display at AAPEX and Wal-Mart Opens 36 Stores in October Providing Jobs and Savings Nationwide
City of Industry, CA --(www.USEquityNews.com)-- 10/29/2007 - Retail industry alert provided by U.S. Equity News. Capstone Industries Inc., a consumer products company focused on product placement with Retailers nationwide and a wholly owned subsidiary of CHDT Corp. (OTCBB: CHDO), will be showcasing Capstone Lighting's innovative line of LED Task, Novelty and Book Lights at the AAPEX show at booth #940 at the Sands Expo Center in Las Vegas, October 30th through November 1st. "Over the past ten years Capstone has established itself as the market leader in innovative personal lighting solutions," said Reid Goldstein, President of Capstone Industries.
Borders, Inc. (NYSE: BGP) will open a 22,000 square-foot store in Mira Loma, Calif. in March 2008. The store will be located at the intersection of Limonite Avenue and Hamner Avenue off of Interstate 15. The new site was selected based on a variety of factors, including consumer demographics, the strength of the co-tenants, traffic patterns, the availability of parking, visibility and the overall attractiveness of the new site. Nearby stores include Borders in Montclair, Chino and Rancho Cucamonga, and Waldenbooks in San Bernardino and Moreno Valley and Borders Express stores in Ontario.
This week, Wal-Mart Stores, Inc. (NYSE: WMT) will complete the opening of 36 new stores and clubs across the country in the month of October, providing jobs for 10,800 associates. More than 4,300 associates have been hired to fill new positions at new, expanded and relocated stores, demonstrating the economic opportunities the company provides individuals and communities. "With these new store locations, we're strengthening our commitment to helping our customers nationwide save money so they can live better," said Bill Simon, chief operating officer, Wal-Mart Stores, U.S.
Office Depot Inc. (NYSE: ODP) recently delayed its third-quarter earnings report due to its audit committee's independent review of vendor program funds, a development that one analyst said raised questions about the nation's second-largest office supplies retailer's financial statements. Its shares fell nearly 15 percent. The review primarily relates to the timing of the recognition of certain funds, the Delray Beach-based company said. The company had been scheduled to release its third-quarter results Tuesday; a new date wasn't released.
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