Best Buy Contributes $100,000 to Support Storm Relief Efforts in Southeastern U.S.
Donation through American Red Cross to aid impacted communities in relief and recovery
MINNEAPOLIS, April 29, 2011 - On behalf of its 180,000 employees worldwide, Best Buy Co., Inc. (NYSE:BBY) has made a $100,000 donation to support the immediate response efforts to the recent outbreak of storms throughout the Southern United States. The contribution was made to the American Red Cross to help advance their disaster relief, recovery and restoration efforts in affected communities across several states.
"The heartfelt thoughts and prayers of Best Buy employees across the country go out to the residents affected by the devastating storms in the Southeast," said Paula Prahl, senior vice president of Communications, Public Affairs, and Corporate Responsibility for Best Buy. "Our donation is made with the recognition that the American Red Cross is well suited to ensure the safety and recovery of those impacted and will assist in rebuilding these communities."
Company employees interested in volunteering or making personal donations to help with the Southern United States disaster are encouraged to contact local Red Cross organizations to learn about local fundraising opportunities. Employees can also donate $10 via mobile phones by texting 90999 to support the relief efforts.
About Best Buy Co., Inc.
With operations in the United States, Canada, Europe, China and Mexico, 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 $50 billion in annual revenue and includes brands such as Best Buy, Audiovisions, Best Buy Mobile, The Carphone Warehouse, Five Star, Future Shop, Geek Squad, 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 Best Buy does business. In fiscal 2011, the company donated approximately $25 million to improve the vitality of the communities where its employees and customers live and work. For more information about Best Buy, visit www.bby.com.
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Source: Best Buy Co. Inc. via Thomson Reuters ONE
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