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‘Fiddler on the Roof’ marks 40th anniversary with Blu-ray debut

BY Allison Cerra

LOS ANGELES — MGM Home Entertainment is celebrating the 40th anniversary of Academy Award-winning musical, "Fiddler on the Roof," with the film’s Blu-ray debut.

The "Fiddler on the Roof" tells the story of Tevye, a poor but soulful milkman whose love, pride and faith help him face the oppression of turn-of-the-century Czarist Russia. The Blu-ray edition of the film includes audio commentary by director Norman Jewison and star Topol, as well as a deleted song, featurettes and historical background.

"Fiddler on the Roof" will arrive on Blu-ray April 5.

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Apr-09-2013 10:08 pm

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Food Lion to implement more MVP savings center kiosks

BY Allison Cerra

SALISBURY, N.C. — Food Lion announced Friday that it would add more of its MVP savings center kiosks to help customers save on their grocery bills.

MVP savings center kiosks, which are part of Food Lion’s MVP customer loyalty card program, were introduced in stores last year. Since their introduction, kiosk coupons have up to five times the redemption rate when compared with coupons delivered via traditional distribution channels, Food Lion said.

Money-saving coupon kiosks also can be found at Bloom and at Harveys.

"In these difficult economic times, Food Lion is committed to providing our customers with the lowest prices on the best brands," said David Palmer, director of customer relationship management and interactive marketing at Food Lion. "We have seen a much higher coupon redemption rate among our MVP customers with the MVP Savings Center kiosks when compared to other traditional channels."

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NRF to Federal Reserve: Swipe card fee cap doesn’t go far enough

BY Allison Cerra

WASHINGTON — The National Retail Federation last week responded to the Federal Reserve’s proposal to cap debit card swipe fees at 12 cents per transaction.

The retail trade association said that banks should honor debit transactions at or close to face value, similarly to the way checks are handled. Debit swipe fees currently are 1% to 2% of each transaction, NRF said, totaling about $20 billion a year; card company practices compel merchants to pass these fees along to customers through higher prices. The Federal Reserve estimated that its proposed cap would save merchants and their customers about 70%, or about $1.2 billion a month.

The NRF said the proposal’s “only shortcoming is its failure to carry the principles through to the extent necessary to achieve true market correction in a realm long lacking transparency and competition. History has shown that by adopting at-par presentment for checks, Congress and the board got it right,” NRF said in comments filed with the Federal Reserve Board of Governors on Tuesday. “A century later, Congress has provided the board with the opportunity to get it right again by renewing the principles embedded in the board’s at-par checking rules. When every party bears its own costs, the free market will force all parties to strive to minimize their costs, and every party will have the potential to win.”

The Federal Reserve currently is reviewing comments on the proposed rules, with an April deadline to approve a final version so the reforms can take effect in July.

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