Coinstar looks to develop beauty kiosks

Coinstar is exploring the possibility of expanding beyond its successful Redbox DVD rental kiosks by developing vending machines to sell beauty products, Dow Jones Newswires reports. Several ads reveal the company is seeking to hire a vice president to oversee a new beauty venture and form partnerships with beauty product companies. Industry watchers say the idea makes sense as the company seeks to grow by diversifying its product lines and cosmetic companies look to new avenues to reach consumers.

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