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Walmart Launches Smartphone Trade-In Program in the U.S.



           Walmart Launches Smartphone Trade-In Program in the U.S.

* Immediate credit from $50 - $300 applied to the purchase of a new smartphone

* Available Sept. 21 in more than 3,600 Walmart stores and Sam's Club
locations

* Retailer projects hundreds of thousands of smartphones will be saved from
landfills annually

PR Newswire

BENTONVILLE, Ark., Sept. 10, 2013

BENTONVILLE, Ark., Sept. 10, 2013 /PRNewswire/ -- Trading up to the newest
smartphone just got easier and less expensive for the millions of smartphone
users in the U.S.  Starting Sept. 21, consumers will be able to receive
immediate credit towards the purchase of a new smartphone when they trade in
their current smartphone at more than 3,600 participating Walmart stores and
Sam's Club locations nationwide.

Walmart's trade-in program offers an immediate credit from $50 to $300 for
more than 100 smartphones. Examples of trade-in values for working,
non-damaged smartphones include: $300 for an Apple iPhone 5, $175 for a
Samsung Galaxy SIII and $52 for a Samsung Galaxy S2.

"Smartphones have become a part of our customers' everyday lives and as new
devices launch more frequently, trade-in programs are becoming more popular,"
said Steve Bratspies, executive vice president of general merchandise for
Walmart U.S. "More and more, customers are choosing where they purchase new
smartphones based on where they'll get the best value for their trade-ins. Our
goal is to give them more value for their old devices and the lowest price for
their new one – all part of our promise to be the best destination for
wireless."

How It Works

Customers should bring their working smartphone to an associate in the
electronics department at participating Walmart stores and Sam's Club
locations. In partnership with CExchange, the value of the smartphone will
then be assessed by answering simple, unbiased questions on the device's
condition and specifications. Once accepted, the trade-in value will be
applied to a new smartphone of their choice – like the Apple iPhone 5 for $98
or the Samsung Galaxy S4 for $138 – with a two-year contract from AT&T,
Verizon Wireless or Sprint.

Walmart customers can also apply the trade-in value to smartphones available
with prepaid plans like Straight Talk, which is only available at Walmart,
which provides talk, text and data for $45 a month.

Everyone Benefits – Mother Nature Too

Walmart's smartphone trade-in program is consistent with the retailer's
sustainability goals and will help customers and members recycle smartphones
responsibly. According to CExchange's green policy, smartphones traded-in at
Walmart and Sam's Club will be never be sent to landfills, domestically or
internationally.

More Electronics Available for Trade In on Walmart.com

Customers looking to trade in electronics like tablets, MP3 players, video
games, cameras, laptops and more can turn "gadgets to gift cards" on
Walmart.com. For details, visit: www.walmart.com/gadgetstogiftcards.

Bratspies added, "We're saving our customers money while keeping thousands of
smartphones from going to landfills each year. Walmart's smartphone trade-in
programs are good for business, our customers and the environment."

Customers should visit their local Walmart store or Sam's Club for more
information.

Join the conversation on Twitter at: @Walmart, @WalmartNewsroom and @SamsClub

Editors Note:  All three smartphone trade-in examples have 16GB of memory with
AT&T.

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and
live better – anytime and anywhere -- in retail stores, online, and through
their mobile devices. Each week, more than 245 million customers and members
visit our 10,955 stores under 69 banners in 27 countries and ecommerce
websites in 10 countries. With fiscal year 2013 sales of approximately $466
billion, Walmart employs more than 2 million associates worldwide. Walmart
continues to be a leader in sustainability, corporate philanthropy and
employment opportunity. Additional information about Walmart can be found by
visiting http://corporate.walmart.com on Facebook at
http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.
Online merchandise sales are available at http://www.walmart.com and
http://www.samsclub.com

SOURCE Walmart

Contact: Walmart Media Relations, Phone: 1-800-331-0085,
http://news.walmart.com/reporter
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