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Serial shoplifter is caught, again

BY HBSDealer Staff

A man recently released from prison after serving two years for five shoplifting convictions was arrested on Feb. 29 — for shoplifting.

According to an article in the Tulsa World, Stacy Gene Bunch, 39, has been accused of stealing $2,385.52 worth of merchandise from six Tulsa stores between Sept. 16 and Nov. 2. The merchandise includes $759.94 worth of tool sets from Ace Hardware and a vacuum cleaner and another item from Home Depot.

Bunch was released from prison Aug. 12. A sixth conviction for shoplifting had Bunch on probation until April.

Along with larceny convictions in 2009, Bunch was convicted of larceny in 2004 and 2007 and also has several drug convictions. A charge of armed robbery against him was dismissed in 1988.

Jail records list his address as a hotel in Tulsa, according to the newspaper. He was released on $15,000 bond the night of his arrest. 

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Boise posts sales increases for full year and Q4

BY HBSDEALER Staff

Boise, Idaho-based Boise posted fourth-quarter sales of $600.4 million, up 14.6% from $524.1 million in the same quarter of 2010.

"The past year was our most successful year since our inception four years ago," said Alexander Toeldte, president and CEO of Boise. "Our EBITDA excluding special items was a record $340 million, we generated $121 million in free cash flow, and returned $169 million of capital to our shareholders through share repurchases and dividends."

Net income for the quarter was $16.3 million, down from $26.2 million in the same quarter last year.

For the full year, sales were up 14.7% to $2.4041 billion, and net income was up 19.9% to $62.7 million.

 

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Leviton turns on a new website

BY HBSDealer Staff

Melville, N.Y.-based Leviton, a manufacturer of electrical devices, data center connectivity solutions and lighting energy management systems, launched its newly redesigned website.

The new leviton.com offers step-by-step installation videos, tips and interactive discussion forums, including installation procedures and best uses for various Leviton products.

"At Leviton, we strive to be not just a supplier of electrical products, but rather a complete solutions provider capable of evaluating the unique needs of our entire range of customers — from general contractors to weekend do-it-yourselfers," said Daryoush Larizadeh, Leviton’s chief operating officer. "As with our industry-leading product solutions, the new offerings of leviton.com serve as the industry benchmark by supplying visitors with expert solutions on all electrical-related inquiries."

As part of Leviton’s commitment to offering complete solutions to customers, the new "Leviton 101" is prominently featured on the home page as well as throughout the site.

This educational platform connects visitors with intuitive training videos and information from Leviton experts, as well as with other site visitors for collaborative DIY discussions.

"We wanted to make sure that our new website gives everyone the tools — no matter their skill level — to complete their project, while being mindful that site navigation must be more intuitive, so solutions can be found more easily," explained David Keller, Leviton’s senior director of e-business. 

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