Best Buy is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. It operates in the United States, Puerto Rico, Canada, Mexico, and China.
Best Buy was founded by Richard M. Schulze and Gary Smoliak in 1966 as an audio specialty store. In 1983, it was renamed and rebranded with more emphasis placed on consumer electronics.
Today, Best Buy is the largest electronics retailer in the United States, with nearly 1,500 stores across the country. The company employs more than 125,000 people and generates billions of dollars in annual revenue.
Best Buy’s success is due in part to its competitive pricing, wide selection of products, and convenient locations. The company also offers a variety of services such as Geek Squad repairs and installations, home theater design, and product recycling.
Despite its size and success, Best Buy is not without its detractors. Some consumers complain about the company’s return policy, while others argue that its prices are too high. Nevertheless, Best Buy remains a top destination for consumers looking to purchase electronics.
Is Best Buy the largest electronic retailer?
Yes, Best Buy is currently the largest electronic retailer in the United States.
