Winnipeg Free Press - PRINT EDITION

Redbox eyes 300 more rental kiosks in Canada

  • Print

TORONTO -- Redbox plans to install up to another 300 movie and video-game rental kiosks in Canada during the second quarter as the U.S. parent company turns its gaze north in search of room to grow.

The kiosk operator has signed an agreement with Petro-Canada that will see Redbox kiosks installed at gas stations, while more kiosks are planned at existing partners that include Loblaws, Giant Tiger and Walmart Canada.

"This partnership along with our growing footprint of existing retail partners fuels our national expansion in markets across the country," said country manager Ron Cihocki in a release.

The announcement comes after Redbox owner Coinstar reported Thursday profits plunged 58 per cent in the first quarter, as more Americans utilized services such as Netflix to watch movies, rather than leaving their homes to rent them.

But the rollout in Canada has been much slower than the company planned when it launched last May with machines which rent movies and video games for $1.50 each.

Last year, the company said it planned to have as many as 2,500 kiosks in Canada by the end of 2013, though so far it only has about 350 locations in Ontario and Western Canada.

Coinstar plans to change its name to Outerwall at its annual meeting in June, which the company says will better reflect its expansion beyond coin-counting machines and into its kiosks that rent movies, serve coffee and sell concert tickets.

Redbox is one of the most popular entertainment options in the U.S., with about 43,000 kiosks.

The Illinois-based company also has kiosks in select Shoppers Drug Marts, Safeways and convenience stores operated by Alimentation Couche-Tard Inc.

-- The Canadian Press

Republished from the Winnipeg Free Press print edition April 27, 2013 B9

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

O'Shea says the team is going to stick to the plan after first loss

View more like this

Photo Store Gallery

  • A Canada goose flies towards the sun near the Perimeter Highway North and Main St Monday afternoon – See Day 10 for Bryksa’s 30 goose project - May 11, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)
  • Marc Gallant / Winnipeg Free Press.  Local/Weather Standup- Catching rays. Prairie Dog stretches out at Fort Whyte Centre. Fort Whyte has a Prairie Dog enclosure with aprox. 20 dogs young and old. 060607.

View More Gallery Photos

Poll

Should political leaders be highly visible on the frontlines of flood fights and other natural disasters?

View Results

View Related Story

Ads by Google