SUMMARY: Gadget recycling startup ecoATM is being acquired by Outerwall (the former Coinstar) for $350 million in cash, in a move that could significantly grow its network of recycling kiosks in the malls of the world.
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Extended analysis of business case for Coinstar. Challenges and advantages...Even though the next year or two Coinstar's (CSTR) subsidiary Redbox is projected to grow its kiosk business, the changing way people consume media has forced the company to incorporate the additional strategy of offering streaming video offerings to its existing and future customers.
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Continue reading Coinstar Looking For New Identity.
The latest retail trends were discussed at the Bloomberg Next Big Thing Summit in Half Moon Bay this week, pulling the curtain back on a retail world where technology and old-fashioned brick and mortar come together to satisfy a consumers' very need and whim. The Bay Area is on the frontline of this retail shake-up, with many companies testing new products and services here and Silicon Valley entrepreneurs leading the way in new retail technology.
BELLEVUE, WA -- Coinstar Inc. said it will seek approval to change its name to Outerwall Inc. at its stockholders meeting on June 27. The company's core businesses -- Redbox and Coinstar -- will retain their current brand names.
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Continue reading Will Coinstar Become Outerwall?.
New Coinstar Chief Executive Scott Di Valerio takes over the Bellevue-based company amid tough questions on Wall Street: Is Coinstar's all-important Redbox movie DVD business past its prime? And can its new Rubi coffee-vending machines succeed where others have failed?
Continue reading For Coinstar CEO, no time to ease into new job.
The initial deal for kiosks is set at 5,000 units around the country. Coinstar believes it is possible to expand to 15,000 nationwide, if the initial launch is a success. Machines will be found at drug stores and big box retailers, with an emphasis on stores that do not already have a coffee store inside. Safeway (SWY), the number two grocery chain, has already signed up for more than 50 kiosks. Safeway is betting on the kiosks, even though its units have Starbucks locations inside.
Continue reading Coinstar Has Two New Kiosks You Need To Know About.
ATLANTA, Sept. 26, 2012 /PRNewswire/ -- SoloHealth®, a consumer-driven healthcare technology company, and Sam's Club, a division of Wal-Mart Stores, Inc., announced today that the SoloHealth Station® kiosk will begin to rollout this week in Sam's Club locations nationwide, making Sam's Club the first warehouse club retailer to install the kiosks.
Continue reading SoloHealth Stations to Rollout in Sam's Club Locations Nationwide.
By November, Tennessee residents needing to renew or replace their driver's licenses could be going to their local library, police precinct or county clerk's office and using a self-service kiosk instead of one of the driver service centers.
Continue reading Tennessee DMV to deploy self-service kiosks.
Italy-based Pharmalogic's medication-dispensing kiosks are using a printer and scanner from Custom to allow users to print receipts and scan prescriptions, according to a company press release.
Continue reading Medication-dispensing kiosks and Pharmalogic.
This week's print edition of the Puget Sound Business Journal checks in on Coinstar (subscription required), the Seattle-based company that started with coin-counting vending machines and is now best known for its Redbox DVD rental kiosks.
Continue reading Coinstar's new kiosks: From fancy photo booths to phone recycling.