About the Company
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983. Best Buy operates internationally in Canada, and formerly operated in China until February 2011 (when the faction was merged with Five Star) and in Mexico until December 2020 (due to the effects of the COVID-19 pandemic). The company also operated in Europe until 2012. Its subsidiaries include Geek Squad, Magnolia Audio Video, and Pacific Sales. Best Buy also operates the Best Buy Mobile and Insignia brands in North America, plus Five Star in China. Best Buy sells cellular phones from Verizon Wireless, AT&T Mobility, T-Mobile, Boost Mobile and Ting Mobile in the United States. In Canada, carriers include Bell Mobility, Rogers Wireless, Telus Mobility, their fighter brands, and competing smaller carriers, such as SaskTel. Hubert Joly is executive chairman of Best Buy, having been succeeded as CEO by Corie Barry in June 2019. According to Yahoo! Finance, Best Buy is the largest specialty retailer in the United States consumer electronics retail industry. The company ranked number 72 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
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NYSE
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Latest $BBY News
Has Best Buy Co., Inc. (NYSE:BBY) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Best Buy's (NYSE:BBY) stock is up by 7.0% over the past three months. Given that stock prices are usually aligned ...
Best Buy lays off some Geek Squad workers
Best Buy Co. Inc. is laying off some of its Geek Squad workers amid a restructuring and financial challenges for consumer ...
Best Buy Co. Inc
Founded in 1966 as an audio specialty store originally called the Sound of Music, the company was rebranded as Best Buy Co., Inc. (NYSE: BBY) in 1983 when the company had only seven stores and ...
Here's How Much You Would Have Made Owning Best Buy Co Stock In The Last 10 Years
Best Buy Co BBY has outperformed the market over the past 10 years by 1.93% on an annualized basis producing an average ...
Best Buy taps Google Cloud, Accenture for AI customer service chatbot
Best Buy Co. Inc. is partnering with Google Cloud and Accenture to use generative artificial intelligence for ...
Best Buy Co., Inc. Common Stock (BBY)
Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly voluntary and as a result, these ...
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Best Buy Co. Inc.
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