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Hunter Fan thermostat offers new control

BY Ken Clark

Memphis, Tenn.-based Hunter Fan introduced a Universal Internet Thermostat, which can be controlled in-home or remotely with a smartphone.

The company says consumers can dramatically cut heating and cooling costs by installing Hunter Fan’s new Universal Internet Thermostat, which is controlled in-home or remotely with a smartphone app.

Consumers can save an average of $180 a year using a programmable thermostat, according to the U.S. Environmental Protection Agency.  

“The Universal Internet Thermostat works with a broad range of heating and cooling systems and can be controlled from anywhere, anytime with a smartphone and our best-in-class app,” said Martin Heckmann, Group Marketing Manager at Hunter Fan. “The Universal Internet Thermostat is ideal for people and families who want to warm or cool their homes before they come home, and save money by turning off their heating and cooling equipment when they are traveling.”

Hunter Fan teamed with Arrayent’s Internet-Connect Service to develop the product.

The thermostat’s price tag is $99.99. The first three months of Internet connectivity are free, as part a 100% risk-free trial. Consumers can opt to pay $9.99 a year for Internet connectivity or pay a $49.99 one-time fee for product life-time Internet connectivity.

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Google gives $3 million to USGBC

BY Brae Canlen

The U.S. Green Building Council (USGBC) has announced a $3 million grant from Google to be used to “catalyze the transformation of the building materials industry” by accelerating the creation of healthier indoor environments.

The grant will focus on three areas that will encourage market transformation in the building materials industry: supporting research on building materials and health, developing new transparency tools and engaging stakeholders from across the industry. The new initiatives will be developed over the next two years.

"The idea for this project emerged from our own work at Google, where we’re committed to creating the healthiest work environments possible that help employees perform at their best," said Anthony Ravitz, Google’s Green Team Lead. "USGBC has a deep background in spearheading research, developing a rating system spanning the globe and engaging with the many stakeholders in the building industry, making them the perfect partner to help spur real change on the healthy materials front."

"Healthy, non-toxic building materials are a critical component in green building," said Rick Fedrizzi, president, CEO and founding chair, U.S. Green Building Council. "Fostering awareness of the materials we put into our buildings is of paramount importance, since many materials can link to a host of environmental and health issues. Working with Google enables us to broaden our efforts in the materials industry as we prepare for the next version of the LEED green building program, LEED v4. This updated rating system will paint a more complete picture of materials and products, enabling project teams to make more informed decisions."

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Loss widens at Sears Holdings Corp.

BY HBSDealer Staff

Hoffman Estates, Ill.-based Sears Holdings Corp posted a third quarter net loss from continuing operations of $498 million, compared to a net loss of $410 million in the same quarter last year. 

Sears Domestic’s comparable store sales declined 1.6% in the third quarter ended Oct. 27. Kmart’s comparable store sales declined 4.8%, and Sears Canada’s comparable store sales declined 5.7%. Revenues decreased $548 million to $8.9 billion for the quarter. 

CEO Lou D’Ambrosio pointed to improved EBITDA performance, which came from "some of our most important categories like Appliances, Apparel, and Home Services as we introduced new offers, honed pricing, effectively managed costs and implemented better inventory management." He continued: "We did experience shortfalls, however, in categories like Grocery and Household and Consumer Electronics, and are taking actions to improve that performance."

Amid the declines, Sears promoted the idea of its Shop Your Way customer membership program, which generates more than half of the Sears domestic and Kmart revenues.

"We are rapidly moving to a member based business model," D’Ambrosio said. "Our investments are focused on our members and their experience — at the store, online, and mobile — which is why we are investing in Integrated Retail and our Shop Your Way membership program."

 

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