Best Buy is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. It was originally 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.
The first Best Buy store was opened in Burnsville, Minnesota in August 1966. The company expanded rapidly in the following years, opening stores across the United States. By the early 1990s, Best Buy had become one of the largest consumer electronics retailers in the country.
Today, Best Buy operates more than 1,400 stores across the United States and Canada. In addition to its retail locations, the company also operates Best Buy Mobile, a chain of mobile phone stores, and Geek Squad, a computer repair and support service.
Best Buy entered the New York market in 1998 with the opening of a store in Westbury, Long Island. Since then, the company has expanded to operate more than 20 stores in the state of New York.
Best Buy is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Schulze and Gary Smoliak in 1966 as an audio specialty store but was renamed and rebranded with more emphasis placed on consumer electronics in 1983. The first Best Buy store opened in Burnsville, Minnesota in August 1966 but the company expanded rapidly soon after, opening stores across the United States.
By early 1990s, Best Buy had become one of America’s largest consumer electronics retailers. Today, Best Buy operates more than 1,400 stores across United States and Canada as well as additional businesses such as Best Buy Mobile (a chain of mobile phone stores) and Geek Squad (a computer repair and support service). The company entered New York market in 1998 with the opening of a store in Westbury, Long Island and has since expanded to operate more than 20 stores throughout the state.