Tag Archives: Stop Shop

Retailers vow not to sell Rolling Stone issue as critics blast decision to put accused Boston bomber on cover

At least five retailers with deep New England ties will not sell the Rolling Stone magazine featuring an unsmiling, scruffy Boston Marathon bombing suspect Dzhokhar Tsarnaev on its cover.

The picture, which accompanies a story titled “Jahar’s World,” shows the 19-year-old accused murderer with his long, curly hair tousled, reminiscent of the magazine’s iconic shots of rock ‘n’ roll royalty like The Doors’ Jim Morrison and Bob Dylan.

The issue, which hits newsstands Friday, depicts Tsarnaev above a boldface headline, “The Bomber.” The story, which features interviews from childhood friends, teachers and law enforcement agents, promises to reveal how a “popular, promising student was failed by his family, fell into radical Islam, and became a monster.”

Multiple retailers, including CVS and Walgreens, have decided not to carry the issue in their stores.

“CVS/pharmacy has decided not to sell the current issue of Rolling Stone featuring a cover photo of the Boston Marathon bombing suspect,” the Rhode Island-based pharmacy chain said in a statement. “As a company with deep roots in New England and a strong presence in Boston, we believe this is the right decision out of respect for the victims of the attack and their loved ones.”

Other retailers who have said they will not carry the issue include Walgreens, Rite Aid, Stop & Shop, the grocery chain the Roche Bros and Tedeschi Food Shops, a Massachusetts-based convenience store chain.

Other critics of the cover, including Boston Mayor Tom Menino and Massachusetts Gov. Deval Patrick, struck fast, accusing the magazine of offering Tsarnaev “celebrity treatment” and calling the cover “ill-conceived, at best in a letter written by Menino to Rolling Stone publisher Jann Wenner.

“The survivors of the Boston attacks deserve Rolling Stone cover stories, though I no longer feel that Rolling Stone deserves them,” the letter concluded.

Rolling Stone, for its part, issued a statement Wednesday saying the story was part of its “long-standing commitment to serious and thoughtful” coverage of the most important current political and cultural issues.

“The fact that Dzhokhar Tsarnaev is young, and in the same age group as many of our readers, makes it all the more important for us to examine the complexities of this issue and gain a more complete understanding of how a tragedy like this happens,” the statement said.

Rolling Stone did not address whether the photo was edited or filtered in any way in a brief statement offering condolences to bombing survivors and the loved ones of the dead.

In a blog posting late Tuesday, Rolling Stone detailed “five revelations” in the story by contributing editor Janet Reitman, including Tsarnaev’s increasing devotion to Islam while still in high school, as well as his older brother Tamerlan Tsarnaev’s possible mental illness, which the boys’ mother decided would be better treated by Islam than by a psychiatrist.

“Around 2008, Jahar’s older brother Tamerlan confided to his mother that he felt like ‘two people’ were inside him,” the blog posting reads. “She confided this to a close friend who felt he might need a psychiatrist, but Zubeidat believed that religion would be the …read more

Source: FULL ARTICLE at Fox US News

Will Wal-Mart Be the Death of Near-Field Communications?

By Rich Duprey, The Motley Fool

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According to a recent Harris Interactive survey, most consumers feel smartphone payments will eventually replace credit and debit cards and cash for most purchases but it’s likely not going to happen within the next five years.

That bodes well for the long-term outlook for chip makers like NXP Semiconductors and Skyworks Solutions , which are leaders in the field of near-field communications, or NFC. That’s the technology that allows mobile devices to securely communicate with a payment terminal. Wave your NFC-enabled smartphone in front of an NFC-enabled terminal and you can easily make a payment.

Objects are closer than they appear
The interest expressed in the survey is part of the reason behind why NXP feels 2013 is the year that NFC technology takes off. Google has been in the forefront of the issue through its Wallet mobile payment system and Android smartphones like Samsung’s Galaxy have been equipped with NFC chips to take advantage of it wherever it’s available. Indeed, Samsung recently partnered with Visa to provide an NFC platform that financial institutions can trust.

Banks will be able to load payment account information to a secure chip embedded in Samsung devices using Visa’s mobile provisioning service linked to Samsung’s service that creates secure data storage domains for card issuers.

Notably, however, Apple has yet to jump into the fray. Although many watchers had anticipated the iPhone 5 to include an NFC chip, it was not to be, even though it had acquired such capabilities through its AuthenTec acquisition last year. And with Skyworks already a chip supplier for the iPhone, should Apple decide it needs to be a part of the NFC revolution, it has ready access to a key player in the field.

Scanning the horizon
Yet retail king Wal-Mart may be leading the way in killing off the chances of NFC gaining a real foothold. Rather than investing in the expensive new terminal upgrades that would be required to make NFC in its stores a reality, it’s rolling out an iPhone app called Scan & Go that allows consumers to scan and bag their purchases while shopping and simply scan a quick-response pixilated QR code square at the checkout terminal to complete the purchase.

While that may be a means for it to ultimately save money on cashier salaries, it could provide the pathway for other retailers to follow. Wal-Mart is expanding the test program to 200 stores in 14 markets, and though the app is only available for the iPhone, it’s easy to see that (depending upon its success) it could eventually roll out to all 14,000 stores and be available across all smartphone platforms.

Stop & Shop supermarkets have offered a similar app for both iPhones and Android devices for several years, but Wal-Mart’s entry could be the thing that brings it mainstream. Because near-field communications has taken longer than expected to get up and running, just as widespread adoption looks to be within …read more

Source: FULL ARTICLE at DailyFinance

Kimco Completes Purchase of Wilton River Park in Fairfield County

By Business Wirevia The Motley Fool

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Kimco Completes Purchase of Wilton River Park in Fairfield County

NEW HYDE PARK, N.Y.–(BUSINESS WIRE)– Kimco Realty Corp. (NYS: KIM) announced today that it has acquired the remaining phase of the 283,000-square-foot Wilton River Park in Wilton, Conn. Including the company’s initial acquisition, the combined investment of this complex totals $82 million, including $57 million of mortgage debt. Wilton River Park is a valuable addition to the company’s shopping center portfolio because of its strong mix of retailers, including the dominant supermarket in the community, and attractive location within the upscale market of Lower Fairfield County.

In August 2012, Kimco completed the first phase of its acquisition of Wilton River Park with the purchase of Wilton Campus Shops, a 97-percent occupied retail center anchored by the national grocer Stop & Shop. To secure full ownership of the complex, Kimco recently finalized the purchase of Wilton Executive Campus and Shoppes, a 187,000-square-foot mixed-use center directly adjacent to Wilton Campus Shops that shares all road access and parking, for $42 million, including the assumption of $36 million of mortgage debt. Kimco acquired both parcels from the original developers of Wilton River Park.

The purchase of Wilton Executive Campus and Shoppes adds another 72,000 square feet of prime retail space to Kimco’s portfolio, and brings aboard a full tenant roster of national retailers such as Gap, Starbucks Coffee Company and True Value Hardware; fashion boutiques Snappy Gator and Chou Chou; and the four-screen Bow Tie Cinemas. These retailers complement the fashion, fitness, food and personal services retailers of Wilton Campus Shops.

With full ownership of Wilton River Park secured, Kimco has greater leasing control and development flexibility to better ensure an optimal tenant mix and the best and highest use of all commercial space.

Wilton River Park is located along River Road in the heart of Wilton, Conn., in Lower Fairfield County – a region known as Connecticut’s “Gold Coast” for its affluent population and proximity to both New York City and the Long Island Sound. The average household income within three-miles of Wilton River Park is $241,000.


About Kimco

Kimco Realty Corp. (NYS: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that owns and operates …read more
Source: FULL ARTICLE at DailyFinance