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Best Buy Co., Inc. is a Fortune 100 company and the largest specialty retailer of consumer electronics in the United States and Canada, accounting for 21% of the market. The company's subsidiaries include Geek Squad, Magnolia Audio Video, Pacific Sales, and, in Canada the Best Buy Canada subsidiary operates most stores under the Future Shop label. Together these operate more than 1,150 stores in the United States, Puerto Rico, Canada, China, Mexico and Turkey. The company's corporate headquarters are located in Richfield, Minnesota, USA. On June 26, 2007, Best Buy announced a 40% increase in its operations, with plans to operate more than 1,800 stores worldwide, including 1,400 Best Buy stores in the U.S.

With the recent 50% acquisition of UK-based mobile phone operation The Carphone Warehouse's retail division, Best Buy announced that it would open branded superstores in the UK and other European countries. Best Buy will first open stores in the UK beginning 2009, with plans for up to 200 stores eventually, it is also considering purchasing UK rivals Kesa Electricals (owner of Comet), DSG International (owner of Currys), or both. It is unknown whether these stores will rebrand if acquired by Best Buy. Best Buy has revealed the first 4 UK locations which will be in Slough, Staines, Enfield and Thurrock; 20 locations are planned for 2009 which will all be big box format, however the company is looking for a flagship store in Central London in a prominent area such as Piccadilly Circus, Oxford Street or Regent Street.See Best Buy UK

Best Buy was named "Company of the Year" by Forbes magazine in 2004, "Specialty Retailer of the Decade" by Discount Store News in 2001, ranked in the Top 10 of "America's Most Generous Corporations" by Forbes magazine,[9] and made Fortune Magazine's List of Most Admired Companies in 2006. (via Wikipedia)

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Founded:  1966
Headquarters:  Richfield, Minnesota, USA
Industry:  Electronics
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Quick Tip by . April 19, 2013
Best Buy is a good electronics store because they have reasonable prices and good services.       Their credit cards have good payment plans if you spend an X amount of money, in which if you reach that quota, you're eligible for an 18 month interest free payment plan.  This has helped me get a PS3 Slim 120 GB console and some games, and recently, a Samsung Galaxy Tab 2 10.1 inch tablet and a 3 TB Western Digital MyBook hard drive.      …
Quick Tip by . December 04, 2009
Not at all impressed with its service. Some products are slightly cheaper than Future Shops while others are a LOT more expensive!!!
review by . December 30, 2008
Seems like a place anyone would enjoy, really. Cool gadgets and electronics, excellent selection of music and movies... There are 500 blue-clad sales people at each location just waiting to help you. I inadvertently made a salesperson spend half an hour scouring the store for the first season of The Wire and when he finally unearthed it from behind twelve copies of Entourage, he smilingly handed it to me and said it was no problem at all. That is some dedicated customer service.     So …
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