this post was submitted on 10 Oct 2024
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251
Bankruptcy Took Down the Redbox Machine. If Only Someone Could Take Them Away. (www.msn.com)
submitted 1 month ago by lettruthout@lemmy.world to c/technology@lemmy.world
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They’re not just taking up store space. Retailers say the machines interfere with remodeling plans and expose them to potential safety hazards and liabilities. Some kiosks are hardwired into stores’ electrical systems. Outdoor machines are bolted into the concrete foundations and contain a coolant that is supposed to be disposed of in an environmentally safe manner

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[–] Takumidesh@lemmy.world 1 points 1 month ago

I assume business would insure against scenarios like this, whether that's through securing cash as they suggested or if that isn't an option (which seems to be the reality of the situation) through things like, escrow accounts, insurance, and cash on hand.

You say the businesses wouldn't just 'throw away money' yet here we are, the businesses, by not 'throwing away money' are stuck with these machines to deal with.

I understand that the person was saying that the business should have collected a deposit, but they didn't, so my question is, why are these businesses caught out by this? Why didn't they prepare for the risk they assumed by subletting their property, if they didn't collect a deposit, they should have sequestered some cash to handle this scenario.