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Outerwall history
Outerwall company history timeline
In 1991, degree in hand, Molbak founded Coinstar.
However, the company had yet to turn a profit, and its annual financial losses had grown since 1991 due to the expense of expanding its business, attributable in turn to the cost of its machines.
1992: Coinstar machines are installed in four supermarkets in San Francisco.
Three years later, in 1995, Coinstar had placed 263 machines in stores.
In 1998, with about 4,900 machines in 37 states, Coinstar began to look overseas toward the potential market in euros.
Finally, in early 2000, Coinstar felt confident it had hit upon a recipe for success.
However, Gerrity resigned after only nine months in the top job in late 2000.
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Outerwall competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Insteon | 2005 | $38.7M | 50 | - |
| OpticsPlanet | 2000 | $70.6M | 231 | - |
| NMGI | 1985 | $17.0M | 200 | - |
| Mannatech | 1993 | $176.7M | 248 | - |
| Morinda, Inc. | 1996 | $500.0M | 700 | - |
| Provell, Inc. | 1986 | $1.9M | 20 | - |
| Image Solutions | 1997 | $17.0M | 20 | 4 |
| Spectra Communications | 1999 | $330,000 | 5 | - |
| Aptos Retail | 2015 | $130.0M | 3,000 | 11 |
| Creative Labs | 1981 | $1.1B | 3,000 | 20 |
Outerwall history FAQs
Zippia gives an in-depth look into the details of Outerwall, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Outerwall. The employee data is based on information from people who have self-reported their past or current employments at Outerwall. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Outerwall. The data presented on this page does not represent the view of Outerwall and its employees or that of Zippia.
Outerwall may also be known as or be related to OUTERWALL INC. and Outerwall.