PURCHASE, N.Y. and QUINCY, Mass., Oct. 2, 2012 /PRNewswire/ -- Customers utilizing the Coinstar® kiosks at all Stop & Shop stores, now have the option of placing the full value of their coins, without fees, onto a Stop & Shop gift card. In addition, customers also have the option to select a gift card from a variety of national retailers and e-retailers. The gift cards are immediately activated and can be used the same day.
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"Stop & Shop understands that customers want convenience and savings when they shop,"said Joe Kelley, president, Stop & Shop New England Division. "No fee Stop & Shop gift cards is the ideal option for Coinstar kiosks in our stores. Customers now have the convenience of redeeming their coins and using the full value, fee free, immediately in our stores."
"The repurposing of loose change in this manner underscores the value that Coinstar Kiosks bring to Stop & Shop customers. They will be able to easily take advantage of this new feature and conveniently convert their lose change at no additional cost," said Don Sussman, president of Stop & Shop New York Metro Division.
"We've based our business on finding solutions to the ongoing economic challenges facing both retailers and consumers, and believe that the retailer gift card option stands out as a game-changer in the industry," said Mike Skinner, president of Coinstar's Coin business. "The latest among our broad range of no fee offerings, the retailer card product guarantees greater consumer flexibility. We are pleased that Stop & Shop is among the first grocery retailers to offer this fee free option for customers redeeming their coins."
For information regarding no fee coin counting and kiosk locations, visit www.coinstar.com.
About Coinstar
Coinstar, a Coinstar, Inc. (NASDAQ: CSTR) brand, is the leader in the self-service coin-counting services and owns and operates the only multi-national, fully automated network of self-service coin-counting kiosks. The company has approximately 20,200 coin-counting locations in the United States, Canada, Puerto Rico, Ireland and the United Kingdom, and since its inception, Coinstar has processed more than $30 billion in change. Coinstar makes it simple to convert coins to cash or store credit or consumers can receive no-fee coin-counting when choosing a gift card or eCertificate. For more information on Coinstar coin-counting visit www.coinstar.com and for information on Coinstar, Inc., visit www.coinstarinc.com.
About Stop & Shop
The Stop & Shop Supermarket Company LLC employs approximately 62,000 associates and operates more than 400 stores throughout Massachusetts, Connecticut, Rhode Island, New Hampshire, New York, and New Jersey. The company helps support local communities fight hunger, combat childhood cancer and promote general health and wellness – with emphasis on children's educational and support programs. In its commitment to be a sustainable company, Stop & Shop is a member of the U.S. Green Building Council and EPA's Smart Way program; has been awarded LEED (EB) certifications for 50 of its existing stores; and has been recognized by the EPA for the superior energy management of its stores. Stop & Shop is an Ahold company. To learn more about Stop & Shop, visit www.stopandshop.com.
SOURCE Stop & Shop