BELLEVUE, Wash.--(BUSINESS WIRE)--Coinstar, Inc. (NASDAQ: CSTR) today announced Lowe’s as the latest addition to the Coinstar Coin to Card™ program. Consumers receive free coin counting when they convert their loose change to a Lowe’s eCertificate at more than 10,000 Coinstar Centers® located in supermarkets and other retail locations across the United States, beginning this month.
Consumers can use the Lowe’s eCertificate towards purchases at the more than 1,575 Lowe’s stores in the United States or online at lowes.com. Stocking 40,000 products, Lowe’s stores offer products customers need to build, improve, beautify and enjoy their homes.
“The average American household has approximately $90 in loose change sitting unused in jars, under sofa cushions, and in dresser drawers,” said Alex Camara, senior vice president and general manager of worldwide coin at Coinstar, Inc. “This found money can be used to tackle those long overdue home projects that we all have.”
Money from your coin jar could purchase the following items from Lowe’s:
|12 oz. jar||Kobalt 20-Piece Screwdriver Set ($19.98)|
|16 oz. jar||Valspar 1-Gal. Signature Colors Interior Paint ($29.98)|
|32 oz. jar||Harbor Breeze Bella Vista Ceiling Fan ($49)|
|Average family stash||Portfolio 4-Head Libbe Rail Light ($90)|
|1 Gal.||BBQ Grillware Charcoal Grill ($199)|
To use the Coin to Card service, consumers simply deposit their coins into the Coinstar Center, the coin is then counted, and the full value is applied to the Lowe’s eCertificate. The eCertificate is dispensed directly from the machine and can be used right away for in-store or online purchases. To locate Coinstar Centers offering the Lowe’s eCertificate and free coin counting visit www.coinstar.com.
About Coinstar, Inc.
Coinstar, Inc. (NASDAQ: CSTR) is a multi-national company offering a range of 4th Wall™ solutions for the retailers’ front of store consisting of self-service coin counting, money transfer, electronic payment solutions, entertainment services and self-service DVD rental. The Company’s products and services can be found at more than 50,000 retail locations including supermarkets, drug stores, mass merchants, financial institutions, convenience stores and restaurants.
About Lowe’s Companies, Inc.
With fiscal year 2007 sales of $48.3 billion, Lowe’s Companies, Inc. is a FORTUNE® 50 company that serves approximately 14 million customers a week at more than 1,575 home improvement stores in the United States and Canada. Founded in 1946 and based in Mooresville, N.C., Lowe’s is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.