DEERFIELD, Ill. -- Walgreens is expanding the presence of redbox automated DVD rental kiosks to approximately 2,000 Walgreens stores nationwide. Currently available at nearly 250 Walgreens locations, redbox will install kiosks at approximately 1,800 additional Walgreens stores during 2008 and 2009. The expansion of redbox to Walgreens locations nationwide follows the successful test of the service in Chicago, Houston, Phoenix and Columbus, Ohio-area Walgreens drug stores.
Gregg Kaplan, redbox CEO, said, "Featuring the latest DVD rentals for $1 per night, redbox provides Walgreens' consumers [image-nocss] with another great reason to visit their neighborhood Walgreens locations."
Redbox recently announced plans to feature redbox kiosks at the majority of Wal-Mart locations nationwide. The kiosks currently are available at more than 6,800 locations nationwide, including leading grocery stores, select McDonald's restaurants and Walgreens and Wal-Mart locations in select markets.
Each fully automated redbox kiosk holds more than 500 DVDs, representing 100-150 of the newest movie releases, with new titles available every Tuesday. Consumers use a touchscreen to select their movies, swipe a credit or debit card and go. The complete transaction takes less than 60 seconds. Customers can keep the DVD for as long as they like for $1 per night plus tax, and after 25 nights, rental charges cease and the DVD is the customer's to keep.
Also, redbox's patented rent-and-return anywhere technology allows consumers the convenience of renting DVDs at one location and returning them to any redbox nationwide. Consumers also can guarantee their favorite movie is in stock and waiting for them by reserving a DVD online at www.redbox.com and picking it up at the redbox location of their choice.
Oakbrook Terrace, Ill.-based Redbox Automated Retail LLC is owned by Coinstar Inc., GetAMovie Inc. and a wholly owned subsidiary of McDonald's Corp., as well as private investors. Walgreens is based in Deerfield, Ill.
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