|
Corporate Social Responsibility
News
10.25.2005 ET
|
CSR News from:
|
|
|
News Category:
|
|
Best Buy Customers Invited to Donate Online, In Stores for Hurricane Relief; Donations Being Accepted for American Red Cross Disaster Relief Fund
(CSRwire) MINNEAPOLIS--(BUSINESS WIRE)--Oct. 25, 2005--Best Buy is again
accepting donations to the American Red Cross Disaster Relief Fund, in
support of victims of the latest natural disasters, including Hurricane
Wilma. The public can make register donations at any of more than 700 U.S.
Best Buy stores, in any dollar amount, or online at www.BestBuy.com; no purchase is
necessary. Donations will be accepted through November 30, 2005.
"The outpouring of support for disaster relief over the past two months
has been overwhelming, but the need to support the Red Cross in its relief
efforts continues," said Paula Prahl, vice president, public affairs, Best
Buy. "We know our employees and customers still want to help those
affected by these natural disasters, and we want to make it easy for
them."
About Best Buy's Community Commitment
As a community partner, Best Buy works to encourage ideas and to
confront challenges. Through its many philanthropic activities, Best Buy
extends its support in times of celebration and in times of need.
In fiscal 2005, Best Buy and the Best Buy Children's Foundation donated
$19 million to its communities, approximately 1.5 percent of its prior
fiscal year's pretax earnings. The company encourages local volunteerism
by providing charitable gifts to organizations where employees volunteer,
awards annual scholarships to graduating high-school seniors, and supports
schools using technology to enhance learning through the Best Buy te@ch
program. Best Buy works with the Red Cross to provide support in times of
disaster, including a donation of more than $2 million in fiscal 2006 for
its Disaster Relief Fund. Additionally, Best Buy earmarked $8 million to
help "reboot and rebuild" schools damaged, destroyed, or overcapacity
after Hurricanes Katrina and Rita. The company also connects with the
United Way to meet local community needs, and supports national
organizations innovatively using technology in youth education. In
addition, Best Buy is committed to environmental responsibility. Last
year, the company collected and recycled nearly 1 million pounds of used
and obsolete electronic items though special mass collection events and
everyday collection of cellular phones, ink jet cartridges and
rechargeable batteries. For more information about Best Buy's community
relations efforts, visit http://www.BestBuy.com/CommunityRelations.
About Best Buy Co., Inc.
Best Buy Co., Inc. (NYSE:BBY) is an innovative Fortune 100 growth
company that continually strives to create superior customer experiences.
Through more than 870 retail stores across the United States and in
Canada, our employees connect customers with technology and entertainment
products and services that make life easier and more fun. We sell consumer
electronics, home-office products, entertainment software, appliances and
related services. A Minneapolis-based company, our operations include:
Best Buy (BestBuy.com and BestBuy.ca), Future Shop (FutureShop.ca), Geek
Squad (GeekSquad.com and GeekSquad.ca) and Magnolia Audio Video
(Magnoliaav.com). We support our communities through employee volunteerism
and grants from The Best Buy Children's Foundation.
Copyright Business Wire 2005
|
|