Best Buy rolled out its trade-in program nationwide in August of 2010. The company accepts more than 11,000 consumer electronics items (regardless of where they were purchased). That said, similar to Best Buy's Apple ( AAPL) trade-in promotions, consumers should check with their local store to see if the promotion is offered. In some cases, stores are prohibited from accepting trade-ins due to local laws restricting pawning. The offer is not valid online. Best Buy is trying to get further into the trade-in/resale market, competing with eBay ( EBAY), Gazelle.com, and even Craigslist. The company has been working hard to reposition itself in a competitive consumer electronics market. One of Best Buy's strategies to boost profitability is to create in-store experiences. The retailer has partnered with Samsung and Microsoft ( MSFT) to create specialty product mini-stores. Shares were falling 1% to $26.03 on Wednesday. -- Written by Laurie Kulikowski in New York. Follow @LKulikowski To contact Laurie Kulikowski, send an email to: Laurie.Kulikowski@thestreet.com. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.