Holiday Retirement Secures Access to COVID-19 Vaccine at 100 Communities

WINTER PARK, Fla., Feb. 5, 2021 /PRNewswire/ — Holiday Retirement, one of the largest senior living providers, has recently secured access to the COVID-19 vaccine at 100 of their independent living communities. During the initial rollout of the first phase of the federal pharmacy program, only the company’s seven assisted living communities were approved by the CDC, leaving the majority of communities (250+) without a vaccine provider, clinic date, or guidance on next steps.

Local and…

WINTER PARK, Fla., Feb. 5, 2021 /PRNewswire/ — Holiday Retirement, one of the largest senior living providers, has recently secured access to the COVID-19 vaccine at 100 of their independent living communities. During the initial rollout of the first phase of the federal pharmacy program, only the company’s seven assisted living communities were approved by the CDC, leaving the majority of communities (250+) without a vaccine provider, clinic date, or guidance on next steps.

Local and regional teams, along with assistance from the national support center, have worked around the clock to educate vaccine clinic providers that the resident population at independent living communities is among the most vulnerable.  The average age of Holiday residents is 82. As an organization, Holiday does not have access to the vaccine on a national scale and the company has received no assistance from the government. Individual states and counties continue to make their own prioritizations when it comes to vaccine distribution.

«We are just as disappointed as our residents, resident family members, and community employees that independent living has not been prioritized through the federal government,» said Lilly Donohue, Chief Executive Officer at Holiday. «Through our own creative local outreach, we have been able to secure providers and/or complete vaccination clinics for more than a third of our communities. Our teams have been steadfast in their desire to make good on our mission, helping older people live better, and advocating for vaccine distribution on their behalf is our top priority at this time.»

Holiday’s goal is to reach 100% of communities by the end of February. Each day, teams continue dialogue with state decision makers and local county health departments, grocery store pharmacies, and any other providers to request that an onsite vaccine clinic be hosted at Holiday communities. Even though the vaccine is an option in many counties for seniors by individual appointment, it  may be difficult for many to attend a public vaccine clinic.

«We believe that every resident should have access to safely receive the vaccine in our community without the headache of travel, long lines, and additional risk of exposure, said Donohue. «We will continue local outreach for each community until a federal program prioritizes independent living across the nation or until access to the vaccine is provided to all Holiday Retirement communities.»

If you have information regarding a vaccine provider that could conduct an onsite or group offsite COVID-19 vaccine clinic in any of the cities that Holiday Retirement operates, please call (855) 827-1518 or email covidvaccine@holidayseniorliving.com. Our community management teams are experts at hosting vaccine clinics and an onsite clinic can efficiently vaccinate 100+ people in just a few hours.

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About Holiday Retirement
Holiday Retirement is in the business of helping older people live better. Pioneering the concept of independent senior living in 1971, Holiday Retirement has grown to help more than 30,000 residents in 43 states live better. Holiday Retirement is also recognized as a Great Place to Work®. For more information about Holiday Retirement visit www.holidayseniorliving.com. Follow us on Facebook, Instagram, Twitter or LinkedIn.

Media Contacts:
Alyssa Cerrito | Holiday Retirement
407.986.5537    
alyssa.cerrito@holidayseniorliving.com

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SOURCE Holiday Retirement

Sheehy Volkswagen of Hagerstown Details February Specials on New VW Vehicles

HAGERSTOWN, Md., Feb. 5, 2021 /PRNewswire-PRWeb/ — Shoppers interested in purchasing or leasing a new Volkswagen at a great price are encouraged to explore three limited-time offers at Sheehy Volkswagen of Hagerstown. For the entire month of February, qualified customers can take advantage of deals offered for the 2021 Volkswagen Atlas Cross Sport 2.0T S, 2021 Volkswagen Jetta 1.4T S and 2021 Volkswagen Tiguan 2.0T S.

Specials being offered at Sheehy Volkswagen…

HAGERSTOWN, Md., Feb. 5, 2021 /PRNewswire-PRWeb/ — Shoppers interested in purchasing or leasing a new Volkswagen at a great price are encouraged to explore three limited-time offers at Sheehy Volkswagen of Hagerstown. For the entire month of February, qualified customers can take advantage of deals offered for the 2021 Volkswagen Atlas Cross Sport 2.0T S, 2021 Volkswagen Jetta 1.4T S and 2021 Volkswagen Tiguan 2.0T S.

Specials being offered at Sheehy Volkswagen of Hagerstown for February are below:

  • Lease the 2021 Volkswagen Atlas Cross Sport 2.0T S for $249 a month for 36 months with $1,999 due at signing or finance at 0.9% APR for 60 months
  • Lease the 2021 Volkswagen Jetta 1.4T S for $125 a month for 48 months with $1,999 due at signing or finance at 0.9% APR for 60 months
  • Lease the 2021 Volkswagen Tiguan 2.0T S for $169 a month for 36 months with $1,999 due at signing or finance for 0.9% APR for 60 months

Each of the above offers expire on March 1, 2021, so customers are encouraged to act quickly if they wish to get behind the wheel of one of these new Volkswagen vehicles. These offers will not apply to any other new Volkswagen models or pre-owned vehicles. Those who wish to view current specials online can do so here.

Sheehy Volkswagen of Hagerstown is located at 10310 Auto Place in Hagerstown, Maryland. Individuals interested in learning more about a new Volkswagen model or want to inquire about one of its February specials can contact the dealership directly at 301-396-7673. Shoppers are also encouraged to browse its online inventory and website at http://www.sheehyvwhagerstown.com.

Media Contact

Beau Summers, Sheehy Volkswagen of Hagerstown, 301-396-7673, beausummers@sheehyautostores.onmicrosoft.com

 

SOURCE Sheehy Volkswagen of Hagerstown

Sheehy Volkswagen of Springfield Offers Specials on New Volkswagen Models

SPRINGFIELD, Va., Feb. 5, 2021 /PRNewswire-PRWeb/ — Drivers interested in upgrading their vehicle to a new Volkswagen model are encouraged to check out the current deals being offered at Sheehy Volkswagen of Springfield. For the entire month of February, Sheehy Volkswagen of Springfield is offering limited-time specials on three new Volkswagen models. The models on special include the 2021 Volkswagen Atas 2.0T SE 4Motion, the 2021…

SPRINGFIELD, Va., Feb. 5, 2021 /PRNewswire-PRWeb/ — Drivers interested in upgrading their vehicle to a new Volkswagen model are encouraged to check out the current deals being offered at Sheehy Volkswagen of Springfield. For the entire month of February, Sheehy Volkswagen of Springfield is offering limited-time specials on three new Volkswagen models. The models on special include the 2021 Volkswagen Atas 2.0T SE 4Motion, the 2021 Volkswagen Tiguan 2.0T S and 2021 Volkswagen 1.4T S.

  • Lease the 2021 Volkswagen Atlas 2.0T SE 4Motion for $299 a month for 39 months with $1,995 due at signing or finance at 0.9% APR for 60 months
  • Lease the 2021 Volkswagen Tiguan 2.0T S for $199 a month for 39 months with $1,995 due at signing or finance at 0% APR for 60 months
  • Lease the 2021 Volkswagen Jetta 1.4T S for $129 a month for 39 months with $1,995 due at signing or finance at 0.9% APR for 60 months

Customers interested in any of the above specials should contact Sheehy Volkswagen of Springfield soon, as these offers will expire on March 1, 2021. Current offers at Sheehy Volkswagen of Springfield can be viewed online here.

Sheehy Volkswagen of Springfield is located at 6601 Backlick Road in Springfield, Virginia. Shoppers interested in learning more about these exciting offers can call the sales team at 844-773-3214 or visit its website at http://www.sheehyspringfieldvw.com.

Media Contact

Beau Summers, Sheehy Volkswagen of Springfield, 844-773-3214, beausummers@sheehy.com

 

SOURCE Sheehy Volkswagen of Springfield

Visit Naples Features Naples Underground

LONDON, Feb. 5, 2021 /PRNewswire/ — VisitNaples.eu is one of Europe’s most renowned and trusted tourist websites. They have been in operation for many years and have earned the reputation of dependable, top tier access to information about attractions, especially in Italy. As such, it was deemed such an extensive honor when they decided to feature Naples Underground on their website as one of the premier archaeological sites to visit…

LONDON, Feb. 5, 2021 /PRNewswire/ — VisitNaples.eu is one of Europe’s most renowned and trusted tourist websites. They have been in operation for many years and have earned the reputation of dependable, top tier access to information about attractions, especially in Italy. As such, it was deemed such an extensive honor when they decided to feature Naples Underground on their website as one of the premier archaeological sites to visit in Europe.

This unique archaeological marvel »Napoli Sotterranea» is literally translated «Naples Underground» and is believed to cover an area of 2,000,000m2 and is from 20 to 40 meters deep. The use of the underground caverns started almost 5000 years ago, before which they were used as burial tombs in prehistoric times. Later, ancient Greeks began excavating blocks of volcanic material – now known as Neapolitan yellow tuff, formed between 35,000 – 10,500 years ago as a result of the volcanic activity.

This underground city then went through many revolutions in accordance with the course of history. First the yellow tuff was used to build the walls and temples of the city. In the Augustan period ancient Romans developed an underground aqueduct network, that provided the city with good drinkable water. Then, leading all the way up to the Second World War in which Naples was the most bombed city in Italy, but accounted for the least number of deaths in the country. Responsible for this is their ingenious use of the underground as a bombing shelter and at times even served as housing for neapolitans, shortly thereafter the war.

After the Second World War, with the strike of tragedy, the city turned into quite the sore thumb. With overpopulation taking over the above-ground city, Neapolitans began throwing their waste into the underground tunnels.

Today, well into 30 and more years of its existence, this archaeological marvel «Napoli Sotterranea» run by speleologist Vincenzo Albertini, is inviting tourists from other parts of Italy and around the world to learn the history of Naples, dating as far back as 2400 years ago. Located in the heart of Naples, just near the ancient main square, this city of Naples Underground reflects the character of a true Neapolitan: spiritual, engaging, alive and innovative.

VisitNaples.eu maintains that Naples Underground (Napoli Sotterranea) will transport anyone back in time, to the history and monumental moments that shaped the character of the city that we now know today as Naples. They also suggest that this site has become one of the most insightful adventures into learning about the people and culture of the Neapolitans.

Media Contact:
Senna Podd
290217@email4pr.com 
+44 (0) 7570 82 0089

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SOURCE Naples Underground

HFC, organización sin fines de lucro para el Alzheimer, organiza el primer CareCon virtual, abriendo un espacio gratuito y seguro para los cuidadores

LOS ÁNGELES, 5 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — HFC, la organización nacional sin fines de lucro para el Alzheimer, anuncia el CareCon de HFC presentado por Kensington Senior Living, un evento virtual gratuito diseñado específicamente para los cuidadores y familiares de personas con Alzheimer y demencia de todo el mundo. El CareCon de HFC se llevará a cabo el viernes, 19 de febrero de 2021 con la dirección de Lauren Miller Rogen, cofundadora de HFC, y la participación…

LOS ÁNGELES, 5 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — HFC, la organización nacional sin fines de lucro para el Alzheimer, anuncia el CareCon de HFC presentado por Kensington Senior Living, un evento virtual gratuito diseñado específicamente para los cuidadores y familiares de personas con Alzheimer y demencia de todo el mundo. El CareCon de HFC se llevará a cabo el viernes, 19 de febrero de 2021 con la dirección de Lauren Miller Rogen, cofundadora de HFC, y la participación especial de Seth Rogen, también cofundador. El CareCon de HFC está diseñado para empoderar a los cuidadores con apoyo, conocimientos y comunidad por medio de un evento de dos horas que se realizará por medio de la plataforma Zoom. Entre las celebridades que participan como moderadores se encuentran Sean Hayes, el Dr. Sanjay Gupta, Leeza Gibbons, Kimberly Williams-Paisley y Ashley Williams. La misión del CareCon es celebrar a los cuidadores y apoyarlos en su camino, especialmente durante estos tiempos cada vez más aislados de la pandemia de la COVID-19.

HFC - Bringing Light To Alzheimer's

«Debido a que mi madre fue diagnosticada con la enfermedad del Alzheimer cuando apenas tenía 55 años, yo comprendo la carga emocional de cuidar a un ser querido, y soy empática con los cuidadores y la forma como las condiciones de aislamiento de la COVID-19 los han afectado», expresó Lauren Miller Rogen, cofundadora de HFC. «Decidimos crear la CareCon para ofrecer un espacio seguro para los cuidadores, que cuente con apoyo comunitario y recursos educativos para ayudarles en su camino».

Para hacer posible que los cuidadores se conecten entre sí y ofrecer un foro abierto para resolver preguntas y conocimientos sobre el cuidado, los cuidadores pueden personalizar su experiencia eligiendo entre dos rutas del cuidado: Conectando con la comunidad y Cuidando de usted. Dado que el Alzheimer está afectando la comunidad latinx de manera desproporcionada, HFC también estará presentando el evento en español. Para asegurar su participación GRATUITA en el CareCon, regístrese en wearehfc.org/CareCon.

Este evento virtual es posible gracias al generoso apoyo de los patrocinadores, entre ellos Kensington Senior Living, Biogen, Home Instead, Eisai, Rivet Revolution, Oasis Senior Advisors, Healthpro Heritage, Adira Foundation y Hamilton Insurance Agency.

«Para Kensington Senior Living es un honor patrocinar el CareCon inaugural de HFC y apoyar apasionadamente la misión de HFC de crear conciencia a nivel global acerca de la salud cerebral y de ofrecer apoyo a los cuidadores y familiares de personas con Alzheimer. Creemos que este evento le ofrecerá a los cuidadores nuevas herramientas y mejores prácticas para facilitarles su camino en el cuidado», comentó Tiffany Tomasso, cofundadora de Kensington Senior Living.

«Es una lección de humildad pensar sobre el coraje y la fortaleza que millones de estadounidenses que cuidan a miembros de su familia, amigos y otros que viven con la enfermedad del Alzheimer y demencia, demuestran día tras día», expresó Alisha Alaimo, presidente de Biogen US. «Estamos orgullosos de apoyar el CareCon de HFC para ayudar a congregar, empoderar y celebrar a la comunidad de cuidadores del Alzheimer».

Acerca de HFC:
Fundada en 2012 por Seth Rogen y Lauren Miller Rogen, HFC es una organización nacional sin fines de lucro cuya misión es apoyar a las familias afectadas por la enfermedad del Alzheimer e inspirar a la próxima generación de quienes abogan por el Alzheimer y a los líderes en la investigación y educación sobre salud cerebral. HFC fomenta los avances en la atención, prevención y apoyo al Alzheimer, todo esto mientras comparte sonrisas y luz en el escenario de esta enfermedad. Por medio de sus exclusivos eventos con diferentes celebridades, HFC también crea consciencia, muy necesaria, acerca de esta enfermedad. HFC lanzó una serie de Cenas por la Salud Cerebral, organizó nueve presentaciones variadas repletas de estrellas y un carnaval lleno de comediantes, y actualmente transmite un especial de comedia en Netflix. En 2020, HFC organizó su primer programa virtual de juegos: Hilarity for Charity’s Head to Head. Gracias al constante apoyo de nuestros generosos donantes, HFC ha recaudado más de $13 millones y otorgado más de 325,000 horas de apoyo para la atención domiciliaria a familiares y cuidadores de personas con Alzheimer por medio de nuestro programa North American Caregiver Respite Grant. Además de ofrecer alivio a los cuidadores, HFC organiza grupos virtuales de apoyo para construir y conectar la comunidad de cuidadores, involucra a jóvenes a lo largo del país para que se vuelvan promotores del Alzheimer, financia investigaciones enfocadas en la prevención y la salud cerebral, y educa a las personas sobre cómo cuidar la salud de su cerebro hoy, de manera que se reduzcan los riesgos del mañana.

Si bien no hay una cura, sí hay atención.

www.wearehfc.org 

Logotipo: https://mma.prnewswire.com/media/1433007/HFC_Logo.jpg

 

FUENTE HFC

HFC, organización sin fines de lucro para el Alzheimer, organiza el primer CareCon virtual, abriendo un espacio gratuito y seguro para los cuidadores

LOS ÁNGELES, 5 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — HFC, la organización nacional sin fines de lucro para el Alzheimer, anuncia el CareCon de HFC presentado por Kensington Senior Living, un evento virtual gratuito diseñado específicamente para los cuidadores y familiares de personas con Alzheimer y demencia de todo el mundo. El CareCon de HFC se llevará a cabo el viernes, 19 de febrero de 2021 con la dirección de Lauren Miller Rogen, cofundadora de HFC, y la participación…

LOS ÁNGELES, 5 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — HFC, la organización nacional sin fines de lucro para el Alzheimer, anuncia el CareCon de HFC presentado por Kensington Senior Living, un evento virtual gratuito diseñado específicamente para los cuidadores y familiares de personas con Alzheimer y demencia de todo el mundo. El CareCon de HFC se llevará a cabo el viernes, 19 de febrero de 2021 con la dirección de Lauren Miller Rogen, cofundadora de HFC, y la participación especial de Seth Rogen, también cofundador. El CareCon de HFC está diseñado para empoderar a los cuidadores con apoyo, conocimientos y comunidad por medio de un evento de dos horas que se realizará por medio de la plataforma Zoom. Entre las celebridades que participan como moderadores se encuentran Sean Hayes, el Dr. Sanjay Gupta, Leeza Gibbons, Kimberly Williams-Paisley y Ashley Williams. La misión del CareCon es celebrar a los cuidadores y apoyarlos en su camino, especialmente durante estos tiempos cada vez más aislados de la pandemia de la COVID-19.

HFC - Bringing Light To Alzheimer's

«Debido a que mi madre fue diagnosticada con la enfermedad del Alzheimer cuando apenas tenía 55 años, yo comprendo la carga emocional de cuidar a un ser querido, y soy empática con los cuidadores y la forma como las condiciones de aislamiento de la COVID-19 los han afectado», expresó Lauren Miller Rogen, cofundadora de HFC. «Decidimos crear la CareCon para ofrecer un espacio seguro para los cuidadores, que cuente con apoyo comunitario y recursos educativos para ayudarles en su camino».

Para hacer posible que los cuidadores se conecten entre sí y ofrecer un foro abierto para resolver preguntas y conocimientos sobre el cuidado, los cuidadores pueden personalizar su experiencia eligiendo entre dos rutas del cuidado: Conectando con la comunidad y Cuidando de usted. Dado que el Alzheimer está afectando la comunidad latinx de manera desproporcionada, HFC también estará presentando el evento en español. Para asegurar su participación GRATUITA en el CareCon, regístrese en wearehfc.org/CareCon.

Este evento virtual es posible gracias al generoso apoyo de los patrocinadores, entre ellos Kensington Senior Living, Biogen, Home Instead, Eisai, Rivet Revolution, Oasis Senior Advisors, Healthpro Heritage, Adira Foundation y Hamilton Insurance Agency.

«Para Kensington Senior Living es un honor patrocinar el CareCon inaugural de HFC y apoyar apasionadamente la misión de HFC de crear conciencia a nivel global acerca de la salud cerebral y de ofrecer apoyo a los cuidadores y familiares de personas con Alzheimer. Creemos que este evento le ofrecerá a los cuidadores nuevas herramientas y mejores prácticas para facilitarles su camino en el cuidado», comentó Tiffany Tomasso, cofundadora de Kensington Senior Living.

«Es una lección de humildad pensar sobre el coraje y la fortaleza que millones de estadounidenses que cuidan a miembros de su familia, amigos y otros que viven con la enfermedad del Alzheimer y demencia, demuestran día tras día», expresó Alisha Alaimo, presidente de Biogen US. «Estamos orgullosos de apoyar el CareCon de HFC para ayudar a congregar, empoderar y celebrar a la comunidad de cuidadores del Alzheimer».

Acerca de HFC:
Fundada en 2012 por Seth Rogen y Lauren Miller Rogen, HFC es una organización nacional sin fines de lucro cuya misión es apoyar a las familias afectadas por la enfermedad del Alzheimer e inspirar a la próxima generación de quienes abogan por el Alzheimer y a los líderes en la investigación y educación sobre salud cerebral. HFC fomenta los avances en la atención, prevención y apoyo al Alzheimer, todo esto mientras comparte sonrisas y luz en el escenario de esta enfermedad. Por medio de sus exclusivos eventos con diferentes celebridades, HFC también crea consciencia, muy necesaria, acerca de esta enfermedad. HFC lanzó una serie de Cenas por la Salud Cerebral, organizó nueve presentaciones variadas repletas de estrellas y un carnaval lleno de comediantes, y actualmente transmite un especial de comedia en Netflix. En 2020, HFC organizó su primer programa virtual de juegos: Hilarity for Charity’s Head to Head. Gracias al constante apoyo de nuestros generosos donantes, HFC ha recaudado más de $13 millones y otorgado más de 325,000 horas de apoyo para la atención domiciliaria a familiares y cuidadores de personas con Alzheimer por medio de nuestro programa North American Caregiver Respite Grant. Además de ofrecer alivio a los cuidadores, HFC organiza grupos virtuales de apoyo para construir y conectar la comunidad de cuidadores, involucra a jóvenes a lo largo del país para que se vuelvan promotores del Alzheimer, financia investigaciones enfocadas en la prevención y la salud cerebral, y educa a las personas sobre cómo cuidar la salud de su cerebro hoy, de manera que se reduzcan los riesgos del mañana.

Si bien no hay una cura, sí hay atención.

www.wearehfc.org 

Logotipo: https://mma.prnewswire.com/media/1433007/HFC_Logo.jpg

 

FUENTE HFC

Vantagepoint AI Publishes Weekly «Stock Study» To Demonstrate the Power of Artificial Intelligence

WESLEY CHAPEL, Fla., Feb. 5, 2021 /PRNewswire/ — Vantagepoint AI was the first company in the world to give independent traders the power of artificial intelligence for their home computers.  Company founder, Louis Mendelsohn, rocked the financial trading world when he introduced…

WESLEY CHAPEL, Fla., Feb. 5, 2021 /PRNewswire/ — Vantagepoint AI was the first company in the world to give independent traders the power of artificial intelligence for their home computers.  Company founder, Louis Mendelsohn, rocked the financial trading world when he introduced his strategy back-testing using artificial intelligence. His patented processes are the foundation of VantagePoint software.

Mendelsohn’s software introduction literally helped create the FinTech industry. Today his son, Lane Mendelsohn, carries the torch as President of Vantagepoint AI. The company’s trend forecasting software gives independent traders an edge in the markets with reliable, accurate, predictive technical analysis.

Weekly Stock Studies on the Vantagepoint website are intended to empower traders and help them see how artificial intelligence is transforming the way we trade. Along with standard chart analysis based on past data, the Stock Studies also show traders how predictive forecasts perform up to 1-3 days in advance with a blue line on the charts. That blue line is what separates VantagePoint from the rest of the field.

«Most products rely on lagging data.  We call that driving down the freeway at 100 mph with your windshield blacked out, trying to navigate using your rearview mirror,» noted Lane Mendelsohn. He points out, «The exposure of risk to your capital and the opportunity for disaster are high!  VantagePoint lets traders mitigate their risk, protect their hard-earned monies, and find opportunities for growth… all with up to 87.4% accuracy.»

Visit the Vantagepoint Stock Study page or join in a free, live online training to see A.I. in action.

«Throughout 2020 we heard over and over again from our traders about how important the information from VantagePoint was to them.  They were able to set their stop losses, mitigate their risk, protect their capital, and find opportunities for impressive growth especially with swing trading where volatility can be a trading success secret,» added Mendelsohn.

About Vantagepoint AI, LLC.  Vantagepoint AI software forecasts Stocks, Futures, Forex, and ETFs with proven accuracy of up to 87.4%. Vantagepoint employs over 80 team members and regularly donates a portion of revenue to support the Tampa Bay community including Shriners Hospitals for Children and The Children’s Cancer Center.

Media ContactLisa Moretti, lisam@tradermarketinggroup.com

 

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SOURCE Vantagepoint AI, LLC

PriceSmart Announces January Net Merchandise Sales

SAN DIEGO, Feb. 5, 2021 /PRNewswire/ — PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of January 2021, net merchandise sales grew 5.2% to $267.1 million from $254.0 million in January a year earlier. Foreign currency exchange fluctuations impacted net merchandise sales negatively by 3.5%, or $8.9 million, versus the same one-month period in the prior year. There…

SAN DIEGO, Feb. 5, 2021 /PRNewswire/ — PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of January 2021, net merchandise sales grew 5.2% to $267.1 million from $254.0 million in January a year earlier. Foreign currency exchange fluctuations impacted net merchandise sales negatively by 3.5%, or $8.9 million, versus the same one-month period in the prior year. There were 47 warehouse clubs in operation at the end of January 2021 and 45 warehouse clubs in operation at the end of January 2020.

For the four weeks ended January 24, 2021, comparable net merchandise sales for the 45 warehouse clubs open at least 13 ½ full months increased 2.8% when compared to the same period last year. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales negatively by 3.3%, or $7.7 million, versus the same period in the prior year.

Sherry S. Bahrambeygui, Chief Executive Officer, commented:

«In January, net merchandise sales and comparable net merchandise sales grew despite a surge in COVID cases and increased COVID-related restrictions in some of our markets. Consolidated comparable sales increased in January but were partially offset by declines in Colombia and Trinidad. The Colombia comparable net merchandise sales decline was primarily due to two significant factors:  the increase in reported COVID cases that drove an increase in restrictions on circulation and the impact from sales that transferred from existing clubs to our recently opened Usaquén club in Bogotá. Sales declined in our Trinidad market largely due to our decision to limit U.S. merchandise imports because of ongoing insufficient U.S. dollar liquidity. We are pursuing alternative solutions to mitigate the current illiquidity challenges in Trinidad, while continuing to reassess the current limitations on an ongoing basis. As this pandemic persists, we lost approximately 70 club days in January, where in-club shopping was prohibited. In addition, several locations contended with reduced operating hours, restrictions on segments of the population permitted to shop or circulate, limitations on the number of people allowed inside our clubs and restrictions on certain areas of our business such as food services and Optical.

«Our Click & Go™ service, including curbside pickup and delivery, contributed approximately 3.6% of total net merchandise sales for the month. Delivery through Click &Go™ is now available in all of our markets, and the demand for delivery continues to grow as a portion of total Click & Go™ sales. Developing greater efficiencies remains a priority, especially within these new sales channels. We recently introduced the option for our Members to select specific dates and windows of time for curbside pickup and delivery, which allows us to improve service and offer greater convenience to our Members.

«Our team’s persistence, performance and insistence to continually improve is remarkable, especially in the face of ongoing challenges and uncertainties resulting from the recent resurgence of COVID in our markets. Thank you for your dedication.»

Fiscal year to date, which includes the five months ended January 31, 2021, net merchandise sales increased 6.0% to $1,478.1 million from $1,395.0 million for the five months ended January 31, 2020. Foreign currency exchange rate fluctuations impacted net merchandise sales negatively by 3.4% or $46.9 million versus the same five-month period in the prior year.

For the twenty-one-week period ended January 24, 2021, comparable net merchandise sales increased 2.2% compared to the same twenty-one-week period a year ago. Foreign currency exchange rate fluctuations impacted comparable net merchandise sales negatively by 3.3% or $43.9 million versus the same prior year period.

About PriceSmart

PriceSmart, headquartered in San Diego, owns and operates U.S.-style membership shopping warehouse clubs in Latin America and the Caribbean, selling high quality merchandise and services at low prices to PriceSmart Members. PriceSmart operates 47 warehouse clubs in 12 countries and one U.S. territory (eight in Costa Rica and Colombia; seven in Panama; five in the Dominican Republic, four in Trinidad and Guatemala; three in Honduras; two each in El Salvador and Nicaragua; and one each in Aruba, Barbados, Jamaica and the United States Virgin Islands). The Company also plans to open new warehouse clubs in Guatemala City, Guatemala and Bucaramanga, Colombia in the fall of 2021, and in Portmore, Jamaica in the spring of 2022. Once these three new clubs are open, the Company will operate 50 warehouse clubs. 

The Company reports comparable net merchandise sales on a «same week» basis with 13 weeks in each quarter beginning on a Monday and ending on a Sunday. The periods are established at the beginning of the fiscal year to provide as close a match as possible to the calendar month and quarter that is used for financial reporting purposes.  This approach equalizes the number of weekend days and weekdays in each period for an improved sales comparison, as the Company experiences higher merchandise club sales on the weekends. Each of the warehouse clubs used in the calculations was open for at least 13 ½ calendar months before its results for the current period were compared with its results for the prior period.

The term «currency exchange rates» refers to the currency exchange rates the Company uses to convert net merchandise and comparable net merchandise sales for all countries where the functional currency is not the U.S. dollar into U.S. dollars. The Company calculates the effect of changes in currency exchange rates as the difference between current period activities translated using the current period’s currency exchange rates and the comparable prior year period’s currency exchange rates. The Company believes the disclosure of the effects of currency exchange rate fluctuations on the Company’s results permits investors to understand better the Company’s underlying performance.

Club days lost means the total number of days one or more clubs are closed for an entire day because of government prohibitions on offering in-store shopping. For example, if one club was prohibited from offering in-store sales for five days during a month and another club was prohibited from offering in-store sales for two days during that month, we would say that we had seven club days lost during the month.

This press release may contain forward-looking statements concerning the Company’s anticipated future revenues and earnings, adequacy of future cash flows, omni-channel initiatives, proposed warehouse club openings, the Company’s performance relative to competitors, the outcome of tax proceedings and related matters. These forward-looking statements include, but are not limited to, statements containing the words «expect,» «believe,» «will,» «may,» «should,» «project,» «estimate,» «anticipated,» «scheduled,» and like expressions, and the negative thereof. These statements are subject to risks and uncertainties that could cause actual results to differ materially including, but not limited to: adverse changes in economic conditions in the Company’s markets, natural disasters, compliance risks, volatility in currency exchange rates, competition, consumer and small business spending patterns, political instability, increased costs associated with the integration of online commerce with our traditional business, whether the Company can successfully execute strategic initiatives, cybersecurity breaches that could cause disruptions in our systems or jeopardize the security of member or business information, cost increases from product and service providers, interruption of supply chains, COVID-19 related factors and challenges, including among others, the duration of the pandemic, the unknown long-term economic impact, the impact of government policies and restrictions that have limited access for our Members, and shifts in demand away from discretionary or higher priced products to lower priced products, exposure to product liability claims and product recalls, recoverability of moneys owed to PriceSmart from governments, and other important factors discussed in the Risk Factors section of the Company’s most recent Annual Report on Form 10-K, and other factors discussed from time to time in other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date that they are made, and the Company does not undertake to update them, except as required by law.

For further information, please contact Michael L. McCleary, EVP, Chief Financial Officer and Principal Accounting Officer (858) 404-8826 or send an email to ir@pricesmart.com.

 

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SOURCE PriceSmart, Inc.

Biogen Offers Arcadia’s Home Renewable Energy Program to Employees

WASHINGTON, Feb. 5, 2021 /PRNewswire/ — Arcadia, a monthly subscription service that connects renters and homeowners across the US to wind and solar energy through their utility accounts, today announced a new partnership with Biogen, a pioneer in neuroscience, that will offer all US-based Biogen employees access to 100% renewable energy in their homes. Biogen is covering Arcadia membership costs for US-based employees, adding a new benefit that advances its Healthy…

WASHINGTON, Feb. 5, 2021 /PRNewswire/ — Arcadia, a monthly subscription service that connects renters and homeowners across the US to wind and solar energy through their utility accounts, today announced a new partnership with Biogen, a pioneer in neuroscience, that will offer all US-based Biogen employees access to 100% renewable energy in their homes. Biogen is covering Arcadia membership costs for US-based employees, adding a new benefit that advances its Healthy Climate, Healthy Lives initiative, a commitment to meaningfully engage its employees in its efforts to go fossil fuel free and improve public health. Arcadia’s renewable energy offering is a key component of the employee engagement goals for this initiative, through which Biogen became the first Fortune 500 company committing to become fossil fuel free across its operations by 2040.

In markets where regulation allows, such as Massachusetts, where Biogen is headquartered, employees can further increase their impact by signing up for community solar through Arcadia. Community solar lets customers route a portion of their energy bill to support a local solar farm.

Millions of American employees are using electricity at home rather than in the office. Arcadia’s residential energy data shows an average 2% increase in energy usage and a 6% increase in electricity bills for households in 2020. Due to limited mobility in the pandemic, home electricity use has become the greatest contributor to climate change for many employees. Arcadia is working with businesses such as Biogen to get employees easy access to renewable energy and community solar to reduce their environmental impact.

«It’s never been a more important time to fight for a renewable energy future and take action against climate change,» said Alexa Minerva, Senior Director of Partnerships at Arcadia. «Companies are paying more attention to their corporate sustainability goals and making climate-conscious decisions. It’s great to see Biogen leverage Arcadia’s platform to do good for its employees and the planet.»

«We are excited to collaborate with Arcadia and enable employees to make the switch to 100% renewable electricity at home,» said Nicole Murphy, Senior Vice President of Global Manufacturing and Technical Operations at Biogen. «In 2014 we achieved carbon neutrality through our commitment to purchase 100% of our electricity from renewable sources. Now, as part of Healthy Climate, Healthy Lives, we want to further address our Scope 3 emissions. By creating opportunities for our employees to engage and advance our goals for climate, health and equity we aim to be a catalyst for positive change globally and reduce their impact.»

For Biogen employees participating in the company’s Renewable Electricity Opt-in Program, Biogen will cover the cost premium of purchasing 100% renewable electricity. The company has a goal to have all employees participate in this program by 2030 to help transition towards a world without fossil fuels. US-based employees have the option to participate in the Arcadia subscription program, while those in the US and international locations that have already signed up to a 100% renewable electricity contract with their home energy supplier can receive a fixed annual reimbursement of $200 USD. For employees that cannot enroll in renewable electricity programs due to regulatory restrictions, who do not pay their electricity, or that want an alternative to the fixed annual reimbursement, Biogen will purchase and retire 11 megawatt-hours of renewable energy credits, an amount equal to the average household usage.

About Arcadia renewable energy benefits

  • Arcadia connects companies in any state with 100% clean energy for their employees’ homes. Companies can also choose to subsidize monthly electric bills for their teams through the platform.
  • If employees live in Colorado, Illinois, Maine, Maryland, Massachusetts, New York, or Rhode Island, they can sign up for community solar. This lets them route a portion of their energy bill to support a local solar farm. In doing so, they’re not just connecting their home to clean energy, they’re also adding more clean energy to their local grid.
  • Employees have access to their own Arcadia account for their home. An account takes two minutes to set up, streamlines utility bill payments, and lets employees track their clean energy impact.
  • Businesses have access to sustainability reports that can be used in their scope 3 emissions reporting.

Scope 3 emissions, also referred to as «value chain emissions,» come from activities that aren’t directly controlled by a company but that are still connected to it, such as transportation of goods and travel. Scope 3 emissions make up the largest source of greenhouse gas emissions for many companies. With employees working from home and traveling less, companies interested in managing their carbon emissions should be exploring strategies to reduce emissions from home energy use.

For more information on Arcadia’s employee benefits program and ways you can partner with Arcadia, please visit www.arcadia.com/partners.

ABOUT ARCADIA
Arcadia gives customers a simple, easy, and affordable way to choose renewable energy, connecting their home and community to the highest standards of clean energy. Founded in 2014, Arcadia integrates with 125 utilities in all 50 states, manages 4.5 terawatt-hours of residential energy demand, and is the largest manager of residential community solar subscribers in the US. Join us in achieving our vision of a 100% renewable energy future at www.arcadia.com

Contact:
Brennan Johnson
401-556-0662
brennan.johnson@arcadia.com

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SOURCE Arcadia

Arcadia Partners with Goldman Sachs to Offer Clean Energy to Homes as an Employee Benefit

WASHINGTON, Feb. 5, 2021 /PRNewswire/ — Arcadia, a monthly subscription service that connects renters and homeowners across the U.S. to clean energy through their existing utility, today announced a new partnership with Goldman Sachs that will offer all of the firm’s U.S.-based employees access to 100% clean energy in their homes. Arcadia’s nationwide platform makes it possible for any U.S. employee to participate no matter their location.

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WASHINGTON, Feb. 5, 2021 /PRNewswire/ — Arcadia, a monthly subscription service that connects renters and homeowners across the U.S. to clean energy through their existing utility, today announced a new partnership with Goldman Sachs that will offer all of the firm’s U.S.-based employees access to 100% clean energy in their homes. Arcadia’s nationwide platform makes it possible for any U.S. employee to participate no matter their location.

For workplaces, millions of American employees are using more electricity at home rather than in the office. As home energy consumption increases, Arcadia is working with businesses like Goldman Sachs to get their employees easy access to clean energy to reduce their environmental impact.

Arcadia residential energy data shows an average 2% increase in energy usage and a 6% bill increase for households in 2020, with home electricity use becoming an individual’s greatest contributor to climate change due to lessened travel during the pandemic.

«It’s never been a more important time to prioritize a renewable energy future and take action on climate change,» said Kiran Bhatraju, CEO and Founder of Arcadia. «Companies are paying more attention to their corporate sustainability goals, and in making climate-conscious decisions Goldman Sachs demonstrates how businesses  can leverage Arcadia’s platform to do good for their employees and the planet.»

Dina Powell McCormick, Global Head of Sustainability and Inclusive Growth, Goldman Sachs, said, «Our firm has been carbon neutral since 2015, but with COVID and our teams working from home, we realized we needed to do more to help our employees improve their own carbon footprints and Arcadia has been a great solution.»

About Arcadia clean energy benefits

  • Arcadia connects workplaces in any state with 100% clean energy for their employee’s homes, and companies can choose to subsidize monthly bills for their team through the platform.
  • If employees live in any one of these states they can also sign up for community solar: MA, RI, NY, IL, CO, MD, and ME. This lets them route a portion of their energy bill to support a local solar farm, so they’re not just connecting their home to clean energy, they’re also adding more clean energy to their local grid.
  • Employees have access to their own Arcadia account for their home, which takes 3 minutes to set up, streamlines utility bill payments and comes with impact tracking and a monthly impact reporting.
  • Businesses have access to sustainability reports that can be used to manage their scope 3 emissions reporting.

Scope 3 emissions, also referred to as «value chain emissions» are activities that represent the largest source of greenhouse gas emissions beyond the control of a company, normally including transportation and travel. With employees working from home and traveling less than ever, all companies interested in managing their carbon emissions should be exploring strategies to reduce emissions from home energy use.

For more information on Arcadia’s employee benefits program and ways you can partner with Arcadia, please visit www.arcadia.com/partners

ABOUT ARCADIA

Arcadia gives customers a simple, easy, and affordable way to choose clean energy, connecting their home and community to the highest standards of clean energy in all 50 states.. Founded in 2014, Arcadia integrates with 125 utilities in all 50 states, manages 4.5 terawatt-hours of residential energy demand, and is the largest manager of residential community solar subscribers in the U.S. Join us in achieving our vision of a 100% clean energy future at www.arcadia.com

Media Contact: Brennan Johnson, 401-556-0662, brennan.johnson@arcadia.com

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SOURCE Arcadia