NCR To Put DVD Kiosks At More Than 500 MAPCO, Daily's Stores
June 29 2010 - 10:41AM
Dow Jones News
NCR Corp. (NCR) will be installing more than 500 DVD rental
kiosks in outlets of southern convenience store chains MAPCO
Express Inc. and Daily's.
NCR, best known for its automated teller machines and cash
registers, has already begun deploying the kiosks, which are
licensed under the Blockbuster Express brand. An NCR representative
said the company is still on track to have 7,000 machines installed
by the end of June. The company aims to reach 10,000 by the end of
2010 as it looks to fill the void left by the shrinking
brick-and-mortar movie rental operations of Blockbuster Inc. (BBI,
BBIB) and Movie Gallery Inc. (MVGRQ), which filed for Chapter 11
bankruptcy in February.
MAPCO, owned by DELEK US Holdings Inc. (DK), has more than 440
outlets in Tennessee, Virginia, Georgia and other southern states.
NCR has already placed a number of Blockbuster Express kiosks in
MAPCO's Tennessee-area stores as part of a pilot program. Daily's,
owned by Tri Star Energy LLC, operates more than 100 stores across
Tennessee and Kentucky.
Shares of NCR were recently trading down 2.7% to $12.47.
-By Melissa Korn, Dow Jones Newswires; 212-416-2271;
melissa.korn@dowjones.com
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