About Us

Best Buy Company Profile (English Version)

Company Name: Best Buy Co., Inc.
Founded: 1966 (as Sound of Music), rebranded as Best Buy in 1983
Headquarters: Richfield, Minnesota, USA
CEO: Corie Barry (since 2019)
Number of Employees: ~90,000 (2025)
Revenue (2024): ~$43.7 billion

Business Overview

Best Buy is a multinational consumer electronics retailer and one of the largest specialty retailers of technology products in the U.S. and Canada. It operates physical stores, e-commerce platforms, and supply chain services, offering:

  • Consumer Electronics (TVs, laptops, smartphones, gaming consoles)

  • Appliances (refrigerators, washers, dryers)

  • Smart Home & IoT Devices (Google Nest, Ring, smart lighting)

  • Entertainment & Media (movies, music, video games)

  • Tech Support & Services (Geek Squad for repairs & installations)

Key Facts

✔ Market Leader: #1 U.S. electronics retailer (ahead of Amazon, Walmart in physical retail).
✔ Omnichannel Strategy: Seamless in-store & online shopping (curbside pickup, same-day delivery).
✔ Geek Squad: Tech support & warranty services enhance customer loyalty.
✔ Sustainability Efforts: Committed to e-waste recycling & carbon neutrality goals.

Global Presence

  • 1,000+ stores in the U.S., Canada, and Mexico.

  • Best Buy Mexico (operated as a joint venture since 2008).

Recent Performance (2024-2025)

  • Focus on AI-powered shopping tools and home automation solutions.

  • Expanding health tech products (e.g., medical alert systems).