Kimco Realty Corp. (NYSE:KIM) is pleased to announce that Stew
Leonard’s has opened its newest location in Farmingdale, N.Y. The
new store will be located in the Kimco Airport
Plaza shopping center, across from the existing Stew Leonard’s Wines
of Farmingdale store, as part of a site redevelopment which adds a
dominant grocer to the power center mix.
The Farmingdale location will now be home to their fifth store and first
grocery store location on Long Island. The new 60,000 square-foot store
is expected to provide up to 400 jobs, many of them full-time. “We are
thrilled that Stew Leonard’s will be a part of the Farmingdale, Long
Island community. We know we’ll be welcomed with open arms by all of our
friends in Farmingdale and throughout Suffolk County,” said Stew
Leonard, Jr., the company’s president and CEO.
“Kimco looks forward to welcoming Stew Leonard’s to its Airport Plaza
shopping center as their first location on Long Island. This
highly-regarded, one-of-a-kind grocer will provide a steady consumer
draw to the site while enhancing the economic prosperity of Farmingdale
and the surrounding communities. They will be a wonderful addition to
the shopping center and we wish them much success,” said David Jamieson,
Kimco’s executive vice president of asset management and operations.
About Kimco
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT)
headquartered in New Hyde Park, N.Y., that is North America’s largest
publicly traded owner and operator of open-air shopping centers. As of
December 31, 2015, the company owned interests in 564 U.S. shopping
centers comprising 90 million square feet of leasable space across 38
states and Puerto Rico. Publicly traded on the NYSE since 1991, and
included in the S&P 500 Index, the company has specialized in shopping
center acquisitions, development and management for more than 50 years.
For further information, please visit www.kimcorealty.com,
the company’s blog at blog.kimcorealty.com,
or follow Kimco on Twitter at www.twitter.com/kimcorealty.
About Stew Leonard’s
Stew Leonard’s, a family-owned and operated fresh food store founded in
1969, has five stores in Norwalk, Danbury, and Newington, Conn. and
Yonkers, N.Y. and in Farmingdale, N.Y. Stew’s earned its nickname, the
“Disneyland of Dairy Stores” because of its country-fair atmosphere,
with costumed characters and animated entertainment throughout the store
that keep children entertained while parents shop. Stew Leonard’s legion
of loyal shoppers is largely due to the stores’ passionate approach to
customer service: “Rule #1 -- The Customer is Always Right”; Rule #2 –
If the Customer is Ever Wrong, Re-Read Rule #1.” This principle is so
essential to the foundation of the company that it is etched in a
three-ton granite rock at each store’s entrance. The company’s culture
is built around an acronym for S.T.E.W.: Satisfy the customer; Teamwork
gets it done; Excellence makes it better; WOW makes it fun. For more
information, visit Stew Leonard’s website at www.stewleonards.com.
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