According to the statement, the agreements will expand the redbox footprint to new convenience store locations in the Northeast, Southeast and Midwest.
For more information visit: www.redbox.com
Unedited press release follows:
Redbox Pens Agreements Expanding Presence at Convenience Store Locations Nationwide
OAKBROOK TERRACE, Ill., Sept. 16 — Redbox, the popular movie rental provider and a wholly-owned subsidiary of Coinstar, Inc. (Nasdaq: CSTR), announces the company has signed agreements with EZ Mart Stores, Inc., Fastrac Markets, Murphy Express and VPS Convenience Store Group (Worsley Companies). The agreements will expand the redbox footprint to new convenience store locations in the Northeast, Southeast and Midwest.
Since launching its first convenience store location in 2006, redbox has increased channel presence to thousands of locations across 52 retail banners nationwide. Convenience stores featuring redbox® kiosks include 7-Eleven, Circle K, Pantry, ExxonMobil, Kum & Go and Stripes, among others.
“The convenience store channel has played an important role in redbox’s success and presents a great opportunity for future growth,” said Mitch Lowe, president, redbox. “Our expanding convenience store presence makes renting and returning the latest DVD or Blu-ray Discs® even easier for our consumers.”
Each fully automated redbox kiosk holds 630 discs, representing up to 200 titles. Consumers simply use a touch screen to select their favorite movies, swipe a valid credit or debit card and go. For added convenience, customers can visit www.redbox.com to select their movie online or via the iPhone® app from redbox and pick it up immediately at the redbox location of their choice. To find the nearest redbox location, consumers can visit www.redbox.com or text ‘redbox’ to 50101 from a mobile phone.
Redbox Automated Retail, LLC, a wholly-owned subsidiary of Coinstar, Inc. (Nasdaq: CSTR), offers new release DVD rentals through its network of conveniently located, self-service kiosks. Redbox has rented more than one billion DVDs and is available at approximately 24,000 locations nationwide, including select McDonald’s restaurants, leading grocery and convenience stores, select Walmart locations and Walgreens locations in select markets.