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Best Buy

Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio... Wikipedia

  • Formerly called:  Sound of Music (1966–1983), Best Buy Co. Superstores (1983–1984), Best Buy Superstores (1984–1989)
  • Type:  Public
  • Traded as:  NYSE: BBY, S&P 500 component
  • Industry:  Retail
  • Founded:  August 22, 1966 in St. Paul, Minnesota, United States, as Sound of Music
  • Founders:  Richard M. Schulze, James Wheeler
  • Number of locations:  1,117(2025)
  • Areas served:  United States, Canada
  • Key people:  David Kenny (chairman), Corie Barry (CEO)
  • Products:  Consumer electronics, Appliances
  • Services:  Tech repair
  • Revenue:  US$41.5 billion (2025)
  • Operating income:  US$1.26 billion (2025)
  • Total assets:  US$14.8 billion (2025)
  • Total equity:  US$2.81 billion (2025)
  • Number of employees:  c. 85,000 (2025)
  • Divisions:  Best Buy Canada
  • Subsidiaries:  Best Buy Mobile, Best Buy Express, Geek Squad, Lively, Magnolia Home Theater, Pacific Sales
  • Data source:  DuckDuckGo

         

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