Pleasanton, Calif.,–(HISPANIC PR WIRE)–April 1, 2004–New simple-to-use coin counting machines at Safeway stores, including Safeway, Tom Thumb, Randalls, Dominick’s, Genuardi’s, Pak ‘n Save, Vons, and Pavilions, are making it easier to turn loose change into “found money.” The CoinMaster machines, which eliminate the need to sort and wrap loose change, accurately coverts any amount of pennies, nickels, dimes, and quarters into vouchers for cash within minutes.
“Our coin counting machines are installed with the consumer in mind. They are easy to use and extremely accurate.” said Brian Dowling, a spokesperson for Safeway. “We wanted to make sure that CoinMaster machines focused on the service that consumers really need – an accurate and fast count of their change, and of course, easy conversion to cash.”
The CoinMaster machines, located in over 1,275 neighborhood Safeway stores across the US, utilize technology that cleans coins to keep machines from clogging and enables the machines to accurately count coins at the rapid rate of 600 a minute. The machine quickly prints a voucher with the coin count for instant redemption at any checkout lane inside the grocery store.
“Most people underestimate the amount of change they’ve accumulated,” said Dowling, “The average user converts more than $30 in change during each transaction. That can add up.”
Loose change in this case is found cash in the consumer’s pocket. Many of the users of CoinMaster spend at least a portion of their “coins into cash” to pay for groceries or convert it into debit cards, money orders or other financial products offered at Safeway’s Customer Service centers.
Currently, CoinMaster machines are in 83 percent of the 1,580 Safeway company stores in the U.S.
Safeway Inc. is one of the largest food and drug retailers in North America. As of the end of 2003, the company operated 1,817 stores in the Western, Southwestern, Rocky Mountain, and Mid-Atlantic regions of the United States and in western Canada. In support of its stores, Safeway has an extensive network of distribution, manufacturing and food processing facilities. Safeway also holds a 49% interest in Casa Ley, S.A. de C.V., a retailer in food and general merchandise retailer in western Mexico.
Smith Public Relations