Coinstar, the parent company of Redbox announced record earnings this week. Net income tripled from the previous period. Clearly, Redbox’s $1 rental model with 20,000 locations is superior to Blockbuster’s
Fifteen years ago, Blockbuster controlled nearly 80% of the video rental market and practically printed money. What happened?
Wal-Mart did not event discounting, Woolworth’s did in the 1800’s. However, Woolworth’s got