Retail waste management has been a perennial problem that haunts the retail industry. Not only does retail waste cost them money but it also causes serious environmental problems.
The most common types of retail waste include waste from packaging such as cardboard, plastics, papers, fillers, and general waste from customers. Discarded packaging and shipping materials are just the beginning of retail waste disposal problems. Returning items to the retailer or manufacturer produce a lot of waste since the original packaging just goes back to its origin.
Best Buy Co Inc (Best Buy) is a multi-national retailer of electronic products. The company’s product offerings include consumer electronics, computing and mobile phones, appliances, entertainment products, and home office products. It also offers services including consultation, design, set-up, technical support, warranty-related services, health-related services and memberships, educational classes, delivery and installation for home theater, mobile audio, and appliances.
In 2021, Best Buy generated 93,977 tonnes, an increase of 18.29% over 2020 in its US and Canada operations. Of the total waste generated 93,894 tonnes was non-hazardous waste, 27 tonnes was hazardous waste, and 57 tonnes was universal waste.
Of the total non-hazardous waste generated by Best Buy in 2021, 28.5% of the waste was sent to landfills. The company collected 85,729 tonnes of e-waste in 2021 for recycling to tackle the waste generation problem.
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