Best Buy Company

Company History



“We improve people’s lives by making technology and entertainment products affordable and easy to use”

With a mission statement like that it’s no wonder Best Buy is North America’s number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances. Best Buy is a Fortune 100 company employing more than 90,000 people worldwide, and operating more than 1,900 retail stores throughout North America. These retail stores not only include Best Buys but other retail chains such as Future Shop, Magnolia Hi-Fi, Media Play, On Cue, Sam Goody and Suncoast Motion Picture Company. Best Buy has also entered other locations outside of the Continental US such as Canada, Puerto Rico and the Virgin Islands. Currently there appears to be no plans for the company to truly enter the vast international market. Best Buy headquarters is currently located in Minneapolis, MN where the majority of key decision making takes place. Be...