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The firm's original focus was the conversion of
loosechange into paper currency, donations or gift cards viacoin counter
kiosks. Coinstar deducts a fee for conversion of coins to banknotes and
charitable donations, but not for gift cards.
The company has more than 60,000 locations including
a variety of services in the US, UK, Ireland, Canada,Puerto Rico and Mexico.
Coinstar aims to create a presence in the front end of stores (between the cash registers and the exit/entrance). The foremost
example is their ownership of the Red box DVD rental service.
Type Public
Traded as
NASDAQ: CSTR
Industry Calculating & Accounting
Machines, Except Computer
Founded
Bellevue, Washington United States (February 1991)
Founder(s)
Jens Molbak
Dan Gerrity
Headquarters
Bellevue, WA, USA
Area served
North America & Europe
Key people
Paul Davis (CEO)
Gregg Kaplan (President and COO)
Services Coin Services, Entertainment
Services, E-Payment Services, Self-Service DVD Kiosks
Website
www.coinstar.com
