The first to deliver what's next.
As automated retail grows, we’re constantly on the lookout for opportunities that deliver value and convenience to consumers and build increased revenue and traffic
for location partners.
We find and fund the most promising ideas by looking to several sources, including internal innovation, strategic investments, and acquisition opportunities.
Coinstar fosters programs that challenge entrepreneurs, our employees, and consumers to bring their ideas to the table, and we reward those who have an innovative
concept for a self-service solution. We search for interesting ideas that bring incremental value
Our approach to innovation.
To identify pockets of opportunity, we look for market segments where traditional ways of doing business have become inconvenient, cost-prohibitive, or technologically
We’ve also put in place a venturing structure to better fuel our success:
• Develop a venture advisory board structure to offer support and continuous feedback
• Provide funding and infrastructure to enable breakthroughs and foster innovation
• Hire entrepreneurs as General Managers and create performance-based incentives
• Continue funding if the business meets performance objectives
This is an exciting time in the automated retail and self-service spaces, and we're proud of the advancements we're making to better serve consumers.