Movie rental company Redbox has announced it will start installing their movie rental kiosks at CVS/pharmacy locations nationwide, including Puerto Rico and CVS-owned Longs Drug locations in the state of Hawaii. Approximately 700 kiosks are scheduled to be installed by the end of 2010.
Redbox says they will expand their kiosks to thousands of CVS locations through 2011. CVS/pharmacy owns approximately 7,000 stores in 45 states nationwide.
“Redbox’s low nightly rate, rent and return anywhere policy and online reservations offer a terrific value and convenience to consumers while increasing traffic for our retail partners,” said Mitch Lowe, president, Redbox. This is the first time CVS has offered DVD/Blu-ray Disc rentals to customers.
Redbox recently announced they would start renting Blu-ray discs at about half their locations nationwide. The high-definition discs cost $1.50 per rental, 50-cents more than standard-definition DVDs.