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PublicNYSE:BBY
Date4/1985
Raised$26
Post IPO Valuation

General Information

Websitebestbuy.com
Twitter@BestBuy
CategoryConsumer Web
Phone1-888-237-8289
Employees10,000
Descriptiontop-10 retail websites

Offices

Richfield, USA
7601 Penn Avenue South
Richfield, MN, 55423
USA

People

CEO
President of Interent Growth Group
President, Best Buy Online & Global e-Commerce
President
President, Services
President, U.S. Retail
Sr. Manager Emerging Channels
HR leadership positions
Show All People

Acquisitions

Total$652M
mindSHIFT Technologies, 11/2011 $167M
Five Star Appliance, 2/2009 $180M
Napster, 9/2008 $121M
Speakeasy, 3/2007 $97M
Geek Squad, 10/2002
Magnolia Hi-Fi, 12/2000 $87M

Investments

Zubie 5/2012
SiBEAM 1/2010
Mydeo 10/2007
Avnera 9/2007

Service Providers

Tags

Best Buy

Best Buy Co., Inc. operates as a specialty retailer in the United States, Canada, Mexico, China, and Europe. It offers consumer electronic video products, such as televisions, digital cameras and accessories, digital camcorders, and DVD players; and audio products comprising MP3 players, navigation products, home theater audio systems and components, and mobile electronics. It also offers home office products comprising notebook and desktop computers, monitors, mobile phones and related subscription service commissions, hard drives, and networking equipment; entertainment software products, such as video gaming hardware and software, DVDs, CDs, digital downloads, and computer software; and appliances, such as kitchen appliances, plumbing fixtures, snacks, and beverages. Best Buy Co. also offers service contracts; extended warranties; product repair; broadband voice, data, and information technology services; and delivers and installs home theater, mobile audio, and appliances. As of February 28, 2009, it operated 1,023 U.S. Best Buy stores, 38 U.S. Best Buy Mobile stand-alone stores, 34 Pacific Sales stores, 6 Magnolia Audio Video stores, and 6 Geek Squad stand-alone stores. The company also operated 2,465 The Carphone Warehouse and The Phone House stores in Europe, 58 Best Buy Canada stores, 3 Best Buy Mobile Canada stores, 139 Future Shop stores in Canada, 164 Five Star stores in China, 5 Best Buy China stores, and 1 Best Buy Mexico store. It also operates the Napster and Speakeasy stores. In addition, the company engages in online retailing through BestBuy.com, BestBuy.ca, BestBuy.com.cn, espanol.BestBuy.com, and BestBuyMobile.com; CarphoneWarehouse.com; Five-Star.cn; FutureShop.ca; GeekSquad.com and GeekSquad.ca; MagnoliaAV.com; Napster.com; PacificSales.com; PhoneHouse.com; and Speakeasy.net. It was formerly known as Sound of Music, Inc. and changed its name to Best Buy Co., Inc. in 1983. The company founded in 1966 and is headquartered in Richfield, Minnesota.

Recent Milestones

Videos

Screenshots

Best Buy screenshot
Above: Home Page
Uploaded: 1/6/10

Products

Mix

Websitemix.blueshirtnation.com
StageLive

Mix is an extension of the Blue Shirt Network for users who want to stay connected via email, SMS (text messaging) and the web.

Users can subscribe to other users and groups/topics to stay connected with the content that is most relevant to you.

Create a new channel for what you want to discuss - your store, your district, your territory, or your department.

Mix keeps you connected to all of them.

Stock Price

Traffic Analytics

Compete

Bestbuy

Sources

  1. Best Buy Acquires IT Services Company mindSHIFT For $167 Million (techcrunch.com) [edit]
  2. Best Buy Buys Up Five Star Appliance (business.highbeam.com) [edit]
  3. Best Buy Puzzles With Napster Acquisition (techcrunch.com) [edit]
  4. Best Buy Acquires Speakeasy (speakeasy.net) [edit]
  5. Best Buy Co Inc acquires Geek Squad (alacrastore.com) [edit]
  6. Best Buy finalizes Magnolia Hi-Fi acquisition (bizjournals.com) [edit]
  7. Best Buy [edit]
  8. SiBEAM Receives Equity Investment from Best Buy (pr-inside.com) [edit]
  9. techcrunch.com [edit]
  10. Startups with right stuff secure needed funding (bizjournals.com) [edit]
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Last Edited 4/13/14

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