Randy Hargrove
Randy Hargrove
commitment less
Renting a movie is less a commitment than going out to a movie.
dvd share
DVD is comprising the lion's share of our rental business.
entertainment home movies pie public watched
In 2002, the American public watched more pre-packaged movies at home than ever before. ... The home entertainment pie is growing.
business drive goal great revenue stores transfer
Our goal is to drive business and competitors' business to our other stores and Blockbuster Online. This transfer of revenue is great for our profitability.
certainly designed drive service traffic value
It's designed to show the value of our service and certainly to drive traffic to our stores.
comment opportunity review served
Blockbuster has not yet been served or had the opportunity to review the suit, so it would be inappropriate for us to comment on it.
capacity generate volume
They don't generate significant rental volume or significant revenue. They just don't have the capacity to do that.
across based believe experience lower markets tested
We tested this in markets across the country. Based on our experience in these tests, we believe we will be able to make that up in rental transactions and lower marketing, operating, and promotional costs.
average customers extra product seen
We have seen that customers take the product out on average an extra day or two longer.
confident inventory product rolling taken
We're confident we'll have enough product in stores. We've taken inventory into consideration when rolling this out.
competitor continue customers entertainment home invest majority money monitor rent stores
We will continue to monitor vending machines, just like we do any competitor in the home entertainment space. But we think it makes more sense to invest our money where the majority of customers want to rent ? and that is in our stores and increasingly online.