- Aug 24, 2001
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Link - Oh, this just reminds me of Red Lobster's "All You Can Eat Crab" mistake. The number of free in-store coupons are going to be more than they are estimating I'm betting.
PaulNEPats link
CHICAGO, Nov 1 (Reuters) - Blockbuster Inc. (BBI.N: Quote, Profile, Research) said on Wednesday it was changing its online movie rental policy to allow customers to return DVDs either through the mail or at its stores.
Under the new Total Access plan, which begins on Wednesday, customers can receive a free in-store movie rental if they return to stores those DVDs that are rented online.
Rival online DVD rental company Netflix Inc. (NFLX.O: Quote, Profile, Research) only operates through the mail.
Blockbuster said it added about 150,000 net subscribers to its online program during the third quarter. At the end of September, it had about 1.5 million online subscribers.
Its new policy should help Blockbuster meet its goal of 2 million subscribers by the end of the year, Chairman and Chief Executive John Antioco said in a statement.
Blockbuster said that by returning movies to a store, online renters will speed up delivery of their next movie.
Once they return the DVD, the next DVD in their online list will be sent to them in the mail.
Customers will typically get the next movie a day faster than if they had returned the movie through the mail.
Total Access customers will also get a free in-store rental coupon each month, Blockbuster said.
PaulNEPats link
* Once you have watched your DVDs from BLOCKBUSTER Online, bring them to you local participating BLOCKBUSTER store. Keep your DVDs from BLOCKBUSTER Online until you're ready to check out. The drop-box outside is for in-store rentals only. Your DVDs from BLOCKBUSTER Online should be sealed in their return mailers.
* DVD exchange is good for movie rentals only. Redeem your free in-store movie rentals on the same visit in which you return your DVDs from BLOCKBUSTER Online.
* Movies rented in-store will not be removed from your online Queue. To get more of the movies you love, be sure to remove titles rented in-store from your Queue. Enjoy your in-store movie.
* These free in-store movie rentals are in addition to the number of DVDs out at-a-time allowed by your BLOCKBUSTER Online plan.
* Free in-store rentals must be returned to the store where they were originally rented. See your receipt for store location and due dates.
* This offer is exclusively for BLOCKBUSTER Online members.