Redbox Owner Coinstar to Start Vending Ventis in Deal with Starbucks

Date: Jun 08 2012

Filed under: Company News, Starbucks, Retail, Food & Drink

Coffee, Coinstar (CSTR)? Really?

The company behind the namesake machines that swap pocket change for gift certificates is now turning its attention to coffee.

Coinstar has struck a deal with Seattle’s Best — the value-focused java subsidiary owned by Starbucks (SBUX) — to begin rolling out kiosks that crank out cups of coffee for as little as a buck.

It may seem like a great idea on paper, but we’ve seen machines vending coffee for decades. You won’t find too many fans raving about the…

Redbox Owner Coinstar to Start Vending Ventis in Deal with Starbucks originally appeared on DailyFinance.com on 2012-06-08T16:50:00Z.

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