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Best Buy Calls on Consumers Nationwide to Recycle Old Electronics for America Recycles Day

MINNEAPOLIS, Nov 12, 2010 (BUSINESS WIRE) -- Best Buy Co., Inc. (NYSE:BBY), a leading retailer of consumer electronics, is encouraging consumers nationwide to take action on America Recycles Day, November 15, 2010, by using Best Buy's comprehensive, convenient recycling and trade-in programs for old or obsolete electronics.

Best Buy is committed to helping consumers, while at the same time helping to reduce electronics in landfills. Best Buy recycling programs collected 120 million pounds of electronic goods in 2009 from U.S. consumers, including 60 million pounds of electronics and 60 million pounds of appliances.

"As we help consumers make smart technology choices today, we have a responsibility to help them get rid of their old and obsolete devices," said Paula Prahl, senior vice president, communications, public affairs, and corporate responsibility, Best Buy Co., Inc. "Our programs make it simple for consumers to recycle and help significantly reduce the amount of electronics in the waste stream." Comprehensive, Convenient Recycling, Trade-In Programs through Best Buy Best Buy offers a variety of programs to help consumers recycle, reuse, or trade in products -- all of which are detailed at www.bestbuy.com/recycling: In-store electronics recycling: Consumers can bring up to three (3) items per day, per household, for recycling at any U.S. or Puerto Rico Best Buy store.

Best Buy accepts most consumer electronics, with a few exceptions. A $10 recycling fee per unit will be charged for some items with screens; consumers will instantly receive a $10 Best Buy gift card in exchange for the recycling fee. (This fee does not apply in certain states, and does not apply for any Best Buy Exclusive-Branded products, such as Insignia, Dynex, and VPR Matrix.) Hard drives must be removed from computers prior to recycling. Consumers should select their state from the drop-down menu at www.bestbuy.com/recycling to view program details specific to their local areas.

Recycling kiosks: at the front of every store, ink cartridges, rechargeable batteries, CDs, DVDs, audio and video cables, and Best Buy gift cards can be dropped off for free recycling.

Appliance and television haul-away: Best Buy will remove an old or obsolete appliance or television free of charge from a consumer's home when a new product is purchased and delivered by Best Buy Home Delivery or Geek Squad Home Theater Installation Service.

Appliance and television pick-up: For $100, Best Buy will arrange a home visit to remove up to two (2) appliance units and/or televisions for recycling, with $20 for each additional unit.

Tech Trade-In: Visit www.bestbuytradein.com to exchange select gently used electronics for a Best Buy gift card.

Best Buy actively supports policies and initiatives that promote the responsible recycling of electronic waste. It also continues its active work with manufacturers, retailers, policy makers, and industry groups to help bring more environmentally-friendly technologies faster to market. For more information, visit http://www.bby.com/category/sustainability/.

About Best Buy Co., Inc.

With operations in the United States, Canada, Europe, China, Mexico and Turkey, Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy family of brands and partnerships collectively generates more than $49 billion in annual revenue and includes brands such as Best Buy; Best Buy Mobile; Audiovisions; The Carphone Warehouse; Future Shop; Geek Squad, Jiangsu Five Star; Magnolia Audio Video; Napster; Pacific Sales; and The Phone House. Approximately 180,000 employees apply their talents to help bring the benefits of these brands to life for customers through retail locations, multiple call centers and Web sites, in-home solutions, product delivery and activities in our communities. Community partnership is central to the way we do business at Best Buy. In fiscal 2010, we donated a combined $25.2 million to improve the vitality of the communities where our employees and customers live and work.

For more information about Best Buy, visit www.bby.com SOURCE: Best Buy Co., Inc.

CONTACT: Best Buy Kelly Groehler, 612-291-6115 kelly.groehler@bestbuy.com Copyright Business Wire 2010 -0- KEYWORD: United States

North America

Minnesota INDUSTRY KEYWORD: Women

Technology

Consumer Electronics

Environment

Retail

Specialty

Consumer

Men SUBJECT CODE: Corporate Social Responsibility