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More details on Home Depot, PayPal deal

BY HBSDEALER Staff

John Donahoe, president and CEO of eBay, during a Jan. 18 earnings call expanded on the test of PayPal with retailer Home Depot. 

A division of EBay, PayPal is experimenting with extending its on-line payment system to point-of-sale retail locations. In the fourth quarter of 2011, it chose Home Depot as its first national retailer for a limited test at five stores. PayPal plans to widen the pilot to 51 stores in the Bay Area by the end of the month, Donahoe said.

He explained to investors how the payment process worked by relating his own experience.

“I went down to Home Depot in San Jose this morning. I left my wallet and my cell phone in my car. I walked into the Home Depot — and it was one of the five where we’ve got this pilot going. I picked up a hammer and picked up a tape measure, which I have right in front of me, walked into the checkout lane without my wallet, without my mobile phone. On the terminal, I pressed Pay with PayPal. I put in my mobile phone number and a PIN, and, boom, I was done.

"The receipt emailed to my email account, texted to my mobile phone, and I walked out. So it was a beautiful experience."

Donahoe went on to explain that PayPal is being built into the existing hardware at Home Depot. “It’s as fast or faster than swiping your card [and it]  doesn’t require you to have your wallet or phone with you.” The company is developing a PayPal card those who consumers who prefer it, he added.

 

 

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r.sanders says:
Apr-19-2012 01:18 pm

This form of payment will
This form of payment will most certainly improve the customer experience, it already made Home Depot more appealing to me and since I intend to buy a vanity with mirror pretty soon HD is definitely one of my options.

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LED lighting gets more versatile

BY HBSDEALER Staff

Acuity Brands expanded its LED indoor ambient lighting portfolio with the launch of the Z Series LED striplight by Lithonia Lighting.

The Z Series luminaires are compact, low-profile solid-state strips that deliver long maintenance-free performance in a wide range of retrofit and new construction applications, including uplight and downlight in commercial, retail, manufacturing, warehouse, cove and display. The Z Series luminaires join the portfolio of versatile Lithonia Lighting LED indoor ambient lighting products. 

Dennis Paul, senior project manager with engineering consultant DC Engineering, said the product meets some specific challenges. “We needed a fixture with a high lumen output for day-to-day activities, while being able to reduce the lumens for events and functions requiring lower light levels," he said. "We also needed a low-maintenance fixture that did not require lamp and ballast replacement within the next 10 years. The Z Series luminaire achieved these goals, while saving the project roughly 21 fixtures compared to fluorescent striplights.”

The Z Series luminaires are available in both T5 and T8 lengths, and may be surface-mounted or suspended with chain, aircraft cable or stem. The Z Series luminaires are available in white, galvanized, matte black and smoke gray finishes.

This LED technology provides color uniformity that exceeds ANSI standards. Z Series LED striplights distribute light down and outward, eliminating shadows between fixtures and scalloped patterns on walls, the company said.

 

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Industry Dashboard for Jan. 23, 2012

BY HBSDEALER Staff

The housing starts dials show mixed results as total starts for December slipped backward while single-family starts surged ahead.

 

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