Redbox Reviews

Where dose one start? A lot has already been said of the decline. However, all “corporations” grow/cultivate-farm/harvest and fallow then repeat. This is cyclical of all business models and redbox is no different. With proper leadership and direction these cycles can continue for lifetimes; without it death. In this case a slow and painful one. The real problems are threefold. First, Coinstar/Outerwall is a poorly run company who’s stock is nowhere without redbox. Just take a look at the LOB (line of business disasters). Secondly, is redbox’s inability to acquire and maintain proper leadership? Thirdly is the most traumatic, middle to upper management. *There are countless VP’s, Directors, and Regionals that really need to be trimmed down and replaced. Not that they are not kind, nice, or even funny people who can do a job, but the model that made redbox is long gone and attrition along with fresh perspectives are needed to guide this listing barge into its sunset; so maybe people can feel better about what they are doing and why. Instead of NOT talking about the 1000 pound elephant in the room. Preservation mode is rampant. Backstabbing is at an all time high. And contingency plans are in place. If redbox is not sold or restructured it will not be here in six months let along six years. Yet, cutbacks and bean counting are taking place in the field not at Corporate, smells bad to the naked nose. One round has trounced a large percentage of lower management in the release of ROS’ and few RM’s in 2014. Canada has just shut down. Now think, “What is to come?” Just as most things that take the path of least resistance the low hanging fruit is all but plucked. Be forewarned my dear reader, and take heed. Do not climb aboard this barge of hot garbage on fire listing and floating away from the pier of success. For those of us still here it’s not that bad or is it? As the tale goes of the hound dog hollering on the porch: “Why kind Sir does your dog whine with such vigor while just laying on the porch?” “Well that’s easy, he is laying on a sharp nail.” “My Goodness! Why doesn’t he just move?” “Well, I recon, it don’t hurt that bad.”

I have no complaints! There is nothing that I do not like my position with Redbox. No cons