Best Buy Co., Inc., headquartered in Richfield, Minnesota, is an American international consumer electronics store. Founded in 1966 by Richard M. Schulze and James Wheeler as an audio specialist store called Sound of Music, it was rebranded in 1983 with a focus on consumer electronics under its current name.Best Buy has stores in Canada and Mexico, and was originally known as Best Buy.
est Buy was named “Company of the Year” by Forbes magazine in 2004, “Specialty Retailer of the Decade” by Discount Store News in 2001,, “America’s Most Generous Corporations” by Forbes in 2005 (based on 2004 giving),”Most Admired Companies” by Fortune magazine in 2006,, and “The Most Sustainable Company in the United States” by Barron’s in 2019.
Best Buy Company Profile
- Company Full Name: Best Buy
- Company Type: Public
- Founder Name:Richard M. Schulze
- Headquarters: 7601 penn Aveneu S,Richfield,Minnesote
- Key People: Hubert Joly (Executive Chairman)
Corie Barry (CEO)
Mike Mohan (President and COO)
- Parent Company: NA
- Subsidiaries Of Best Buy:Geek Squad, Pacific Sales, Magnolia Audio Video
- Working Industry:Retail
Richard M. Schulze and a business partner in St. Paul, Minnesota, launched Sound of Music, an electronics store specialising in high-fidelity stereos, on August 22, 1966. ze used his personal funds and a second mortgage on his family’s house to fund the opening of his first business. Kencraft Hi-Fi Company was purchased by Sound of Music in 1967.
Sound of Music was renamed Best Buy Company, Inc. in 1983, with seven stores and $10 million in yearly sales. In an attempt to reach beyond its primary consumer base of 15- to 18-year-old males, the company expanded its product offerings to include home appliances and VCRs. Best Buy launched its first superstore in Burnsville, Minnesota, later that year. Burnsville is a great place to visit.
Redline Entertainment, an independent music label and action-sports video distributor, was founded by Best Buy in 2000. Magnolia Hi-Fi, Inc., an audio-video shop with locations in California, Washington, and Oregon, was purchased by the firm in December 2000. Best Buy purchased Musicland Stores Corporation, a Minnetonka, Minnesota-based retailer of home entertainment products, in January 2001.
|Best Buy Customer Care Number||NA|
|Best Buy Customer Support Email||NA|
|Best Buy Office Address||7601 Penn Ave. S
Richfield, MN 55423
|Best Buy Office Contact Number||1-888-237-8289|
Best Buy Corporate Office Contact Details
Best Buy Corporate Office is located in 7601 Penn Ave. S Richfield, MN 55423. There are phone numbers of the branch and fax numbers available here. You can check out them below.
- Best Buy Corporate Office Address:7601 Penn Ave. S
Richfield, MN 55423
- Best Buy Corporate Office Phone Number: 1-888-237-8289
- Best Buy Corporate Office Fax Number: NA
- Best Buy Corporate Office Email ID: NA