Company Profile
Updated: 03-NOV-09Best Buy Company Inc.
Public Company, Headquarters Location
PO Box 9312, Minneapolis, MN 55440-9312, United States
(888)237-8289, (612)291-1000, http://www.bestbuy.com
Primary SIC: Radio T V & Electronics Stores, Primary NAICS: Radio, Television, and Other Electronics Stores
Description: Best Buy Co. Inc. was incorporated in the state of Minnesota in 1966 as Sound of Music, Inc. In 1983, the company name was changed to Best Buy. The company is a specialty retailer of consumer electronics, home office products, entertainment software, appliances and related services. During fiscal 2008, Best Buy operated two reportable segments: domestic and international. The Domestic segment is comprised of all states, districts and territories of the United States and includes store, call center and online operations. The International segment is comprised of all Canada and China store, call center and online operations. Important acquisitions include Magnolia Hi-Fi, Inc. in 2001, Geek Squad Inc. in 2003, Pacific Sales in 2007 and Speakeasy in 2008. The company operates retail stores and Web sites under the brand names Best Buy, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Pacific Sales Kitchen and Bath Centers and Speakeasy. More
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Retail: Retailer of consumer electronics, home office equipment, entertainment software and appliances.
Recent News Articles
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Business Wire - September 16, 2009 - .advancedMethod Partners with Best Buy Canada.(Best Buy Company Inc.)(Brief article)
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