Best Buy is a Publicly Owned American multinational consumer electronics retailer headquartered in the United States, with its operational base in Richfield, Minnesota. Founded in 1966 by Richard M. Schulze and James Wheeler as an audio specialty store called Sound of Music, the company was rebranded under its current name in 1983, shifting its emphasis to consumer electronics. It employs approximately 70,300 people and reported $41.7B in revenue as of 2026. The company specializes in physical retail, offering a range of consumer electronic products.

2025 Revenue

Founded

1966

Headcount

82,000

Headquarters

United States

Primary Segment

Physical retail

Ownership

Publicly Owned

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Best Buy offers products in the industries. Best Buy's product portfolio comprises of physical retail.
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Best Buy's revenues were $41.7B in 2026. All the revenue comes from physical retail.
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Examples of Best Buy's suppliers include Wipro and Mirakl.

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