| << Back |
| FEATURE/Manage Holiday Spending and Keep the Season Merry |
Coinstar Survey Finds One of the Biggest Contributors to Post-Holiday Blues Is Receiving Bills from Holiday Purchases BELLEVUE, Wash.--(BUSINESS WIRE)--Dec. 4, 2007--A new survey by Coinstar, Inc. reveals a fact that many of us try to ignore: after the high of holiday shopping and festivities are over, many Americans get the blues after receiving bank and credit card statements. The survey also shows that many people look for solutions to stretch their holiday budgets by forgoing certain luxuries or cashing in their coin jar.
-- More than six in ten Americans (62%) admit to feeling the
blues after the holidays. One of the biggest downers? Those
dreaded credit card and bank statements (27%). In fact,
Americans are nearly twice as likely to feel depressed when
their bills come in, than when it's time to head back to work
(27% vs. 14%).
-- Of those Americans who admit to stretching their budget during
the holidays, 43 percent say they forgo certain luxuries, like
going out with their friends, while more than one in four
(27%) cash in their coin jar for some extra spending money.
"There's about $90 in forgotten change sitting in the average American household, money that can easily be used to supplement holiday budgets," said Alex Camara, senior vice president and general manager of worldwide coin at Coinstar, Inc. Consumers can take their spare change to select Coinstar(R) Centers and receive free coin counting when they place the value of their change onto gift cards or eCertificates from retailers like Amazon.com, Circuit City, iTunes, Starbucks and more.
Media Resources:
-- Additional Coinstar National Currency Poll data
-- Photos/stories of real people who have used their coins to pay
for gifts for others and themselves
About the Coinstar National Currency Poll
The Coinstar National Currency Poll was developed in 1998 to provide information to better understand coin and currency habits in America, and track trends, behaviors and attitudes towards currency -- both traditional and new forms, as well as related topics. Now in its 9th year, the poll is based on a nationally representative sample of 1,000 Americans age 18 and over. The survey was conducted by Kelton Research between October 30th and October 31st, 2007 using an email invitation and an online survey. Quotas are set to ensure reliable and accurate representation of the total U.S. population ages 18 and over. The survey has a margin of error of +/-3.1%. About Coinstar, Inc. Coinstar, Inc. (Nasdaq: CSTR) is a multi-national company offering a range of 4th Wall(TM) solutions for the retailers' front of store consisting of self-service coin counting, electronic payment solutions, money transfer, entertainment services and self-service DVD rental. The company's products and services can be found at more than 56,000 retail locations including supermarkets, drug stores, mass merchants, convenience stores, and financial institutions. For more information, visit www.coinstar.com. About Kelton Research Kelton Research is a full service global insights firm with offices in Los Angeles, New York, and Washington, DC, and is America's fastest growing National Market Research Consultancy. Serving as strategic partner to more than 100 of the Fortune 500 and thousands of smaller companies and organizations, Kelton utilizes a wide range of qualitative and quantitative methodologies to drive tactical recommendations for clients. For more information about Kelton's services, please call 310-479-4040 or visit www.keltonresearch.com.
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5557130
CONTACT: Coinstar, Inc.
Sarah Jones, 425-943-8121
sjones@coinstar.com
or
Porter Novelli
Gina Johnston, 206-770-7082
Gina.Johnston@porternovelli.com
SOURCE: Coinstar, Inc.
|