Coinstar, Inc. and Seattle's Best Coffee Sign Exclusive Agreement to Roll Out Thousands of the New Rubi Kiosks in Grocery, Drug and Mass Channels
BELLEVUE, Wash. and SEATTLE — June 5, 2012 — Coinstar, Inc. (Nasdaq: CSTR) and Seattle’s Best Coffee, part of Starbucks Corporation (Nasdaq: SBUX), today announced an exclusive agreement to roll out Coinstar’s new Rubi™coffee kiosk in the grocery, drug and mass merchant retail channels featuring Seattle’s Best Coffee® beverages. The Rubi kiosk marks Coinstar’s latest innovation in automated retail. For Seattle’s Best Coffee, the agreement adds another strategic channel of distribution for its premium coffee offering. The kiosks will begin rolling out this summer with approximately 500 kiosks serving Seattle’s Best Coffee expected by the end of the year and thousands of machines in the next several years.