Best Buy is a publicly owned American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Founded in 1966 as an audio specialty store called Sound of Music by Richard M. Schulze and James Wheeler, it was rebranded under its current name in 1983 with an emphasis on consumer electronics. The company employs approximately 70,300 individuals and reported $41.7B in revenue as of 2025. Its primary offering is physical retail, specializing in consumer electronics.

2025 Revenue

Founded

1966

Headcount

70,299

Headquarters

US

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 2025. All the revenue comes from physical retail.
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Examples of Best Buy's suppliers include Mirakl and Wipro.

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