Business Services Industry

Coinstar to Add Starbucks Gift Cards to Its Services.

Knight Ridder/Tribune Business News, June, 2004

By Kristina Shevory, The Seattle Times Knight Ridder/Tribune Business News

Jun. 22--Coinstar, the Bellevue operator of supermarket-based coin-counting machines, is adding Starbucks gift cards to its lineup of services in its latest bid to attract customers and increase revenue.

For the next six months, Coinstar users in three cities can turn spare change into coffee cards at coin-counting machines in Seattle, Las Vegas and Philadelphia grocery stores, company President Rich Stillman said yesterday. It will be available at many Seattle-area QFC stores.

The service won't incur the usual 8.9 percent fee.

Coinstar hopes the test will help bring in more customers willing to pay to use the coin-counting machines.

When coins...

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