Printer Friendly

TSS LTD. ANNOUNCES PLAN WITH CALDOR STORES TO DEMONSTRATE ITS POINT-OF-SALE COUPON PROGRAM

 PROVIDENCE, R.I., March 10 /PRNewswire/ -- TSS Ltd. (NASDAQ: TSSLD) announced today that it had signed a letter of intent to demonstrate its in-store coupon distribution program for packaged consumer goods known as "The Savings Spot" in ten Caldor stores in New York, New Jersey and Connecticut over a six month period beginning in August.
 In addition to coupons for packaged consumer goods, the program is expected to include couponing for local area merchants.
 In making the announcement, Michael A. Clark, president, said, "Caldor represents the first entry into the home center marketplace in the Northeast for TSS. If the program is successful at Caldor it could roll out to additional stores in the 136 store chain."
 TSS currently operates electronic promotion programs in Ralphs supermarkets in Southern California and in Kmart stores. In addition TSS currently has letters of intent for demonstration programs with divisions of three other U.S. supermarket chains, including Sentry Markets, a division of Fleming Companies and Kroger and with two drug chains, Payless Drugs Stores and Longs Drug Stores.
 -0- 3/10/93
 /CONTACT: Michael A. Clark, president of TSS, Ltd., 401-421-8990; or John Swanson of Swanson Communications, Inc., 212-683-4890, for TSS, Ltd./
 (TSSLD)


CO: TSS Ltd.; Caldor ST: Rhode Island IN: REA SU:

AH-LR -- NY020 -- 4859 03/10/93 10:17 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 10, 1993
Words:219
Previous Article:KEMPER HIGH YIELD MUTUAL FUNDS REACH MILESTONES
Next Article:STANDARD & POOR'S STOCK PRICE INDEX
Topics:


Related Articles
CALDOR ANNOUNCES AGREEMENT WITH NEW YORK STATE ATTORNEY GENERAL
In Newburgh, Caldor opens 500,000 sf distribution ctr.
Caldor opens Bronx location.
TSS LTD. "THE SAVINGS SPOT(R)" PROGRAM TO BEGIN OPERATIONS AT BRADLEES' STORES IN APRIL
TSS LTD. 'THE SAVINGS SPOT' PROGRAM TO BEGIN OPERATIONS AT JAMESWAY CORPORATION IN AUGUST
Caldor shares hit 52-week lows.
Caldor hails forecasting system.
Caldor set to step up.
CALDOR REORGANIZATION MOVES FORWARD.
Kohl's to Purchase Rights to 33 Caldor Stores.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters