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Best Buy

Founded by : Richard M. Schulze & James Wheeler, 22 August 1966

Hennepin County, United States
More than 5000 employees

About the Company

Best Buy, a Minnesota-born consumer electronics titan founded in 1966 as "Sound of Music" by Richard Schulze, has transformed into an unparalleled retail destination and tech innovation hub, redefining the way we engage with electronics. With its Blue Shirts and Geek Squad, Best Buy offers unparalleled expertise and service to tech enthusiasts and novices alike, creating a unique bridge between cutting-edge gadgets and personalized customer support. Boasting over 1,000 stores across North America, Best Buy has weathered the e-commerce revolution by continuously adapting and expanding its omnichannel offerings.

 

It's a crucial player in the tech industry, serving as a launchpad for new products, a showcase for emerging technologies, and a bastion of sustainability through its commitment to reducing carbon emissions and responsible e-waste disposal. Best Buy is not just a retailer; it's a curator of innovation, a trusted advisor in the digital age, and a steadfast advocate for the responsible use of technology in everyday life.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, Best Buy’s industry classification falls within the following categories:
  • Sector: Consumer Discretionary
  • Industry group: Consumer Discretionary Distribution & Retail
  • Industry: Specialty Retail
  • Sub-Industry: Computer &Electronics Retail
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Company Address

7601 Penn Ave S, Richfield, United States

Source : Google maps