Best Buy, U.S. Marine Corps Extend Toy Drive to Underprivileged Teens
'Toys for Teens' Campaign Complements 'Toys for Tots', Collects Gift Donations for 12- to 15-year-olds
MINNEAPOLIS -- October 30, 2006 -- Best Buy is determined to make the holidays brighter for teenagers, launching its sixth annual drive to collect holiday gift donations for underprivileged older children in the United States. Partnering with the U.S. Marine Corps, Best Buy is the exclusive corporate sponsor of "Toys for Teens" and will collect monetary donations at store registers and on BestBuy.com between Oct. 29 and Dec. 31.
Money donated will go to the Marine Corps' Toys for Tots program, and will be used for the purchase of gifts for underprivileged children between the ages of 12 and 15. Nearly 800 U.S. Best Buy stores will act as donation sites for "Toys for Teens." Customers may make donations of $1, $5 or $10 at store registers and online. This is the first year Best Buy has collected donations on BestBuy.com.
In addition to customer donations, Best Buy Children's Foundation is making a donation of $250,000 to the Marine Toys for Tots Foundation.
"Each year, millions of teenagers are overlooked during the holiday season, but they deserve the same joy and excitement that a holiday gift brings to younger kids," said retired Major William Grein, vice president of the Marine Toys for Tots Foundation. "Best Buy's involvement in the Toys for Teens effort helps brighten the holidays for older children."
Best Buy has been a partner with the Toys for Tots Foundation for 10 years. Over the past six years, since Best Buy began sponsoring Toys for Teens, the retailer and its customers have donated more than $2 million.
"Our customers continue to respond generously to this program. Best Buy is proud to be able to work with the U.S. Marine Corps, our customers, and our communities to extend the joy of the holidays to older children in need," said Paula Prahl, vice president, public affairs, Best Buy.
This year Best Buy has made it even easier for customers to support Toys for Teens by partnering with Nickelodeon and Paramount Home Entertainment. For each Nickelodeon DVD purchased, a portion of the proceeds will be donated to the Toys for Tots Foundation.
About the Best Buy 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 2006, Best Buy and the Best Buy Children's Foundation donated $30 million to its communities. 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 Teach Award program. Best Buy works with the Red Cross to provide support in times of disaster. 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 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 1,100 retail stores across the United States, Canada and in China, 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), Pacific Sales Kitchen and Bath Centers (PacificSales.com), Magnolia Audio Video (Magnoliaav.com) and Jiangsu Five Star Appliance Co. (Five-Star.cn). We support our communities through employee volunteerism and grants from The Best Buy Children's Foundation.