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Best Buy

Best Buy
Company nameBest Buy Co., Inc.
Company typePublic (Nyse - BBY)
S&P 500 Component
SloganBuyer Be Happy
Founded1966 as Sound of Music
1983 as Best Buy
HeadquartersRichfield, Minnesota
Key peopleRichard M. Schulze, Founder
Brad Anderson, Vice Chairman
Brian J. Dunn, CEO
ProductsConsumer electronics
Revenue(+)US$50.3B (FY 2011)
Operating income(+)US$2.11B (FY 2011)
Net income(+)US$1.28B (FY 2011)
Total assets(-)US$17.8B (FY 2011)
Total equity(+)US$6.60B (FY 2011)
Employees180,000 (2010)
SubsidiaryFuture Shop
Geek Squad
Pacific Sales

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Best Buy Co., Inc. (Nyse - BBY) is a specialty retailer of consumer electronics in the United States, accounting for 19% of the market. It also operates in Mexico, Canada, China, Turkey and the United Kingdom. The company's subsidiaries include Geek Squad, CinemaNow, Magnolia Audio Video, Pacific Sales, and, in Canada operates under both the Best Buy and Future Shop label. Together these operate more than 1,150 stores in the United States, Puerto Rico, Canada, China, Mexico, and Turkey. In addition, the company has rolled out over 100 Best Buy Express Automated Retail stores or "ZoomShops", operated by Zoom Systems, in airports and malls around the U.S. The company's corporate headquarters are located in Richfield, Minnesota.

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 in 2005 (based on 2004 giving), and made Fortune magazine's List of Most Admired Companies in 2006.

On March 9, 2009, Best Buy became the primary electronics retail store (online and bricks and mortar) in the eastern United States, after smaller rival Circuit City went out of business. Fry's Electronics remains a major competitor in the western United States. Many locations feature in-store pickup, which can be arranged through the company's website.

Best Buy is also the largest retailer of cellular phones with phones from Verizon Wireless, AT&T Wireless, Sprint PCS, and T-Mobile. Best Buy also has standalone Best Buy Mobile stores in shopping malls that sell only a subset of products carried at the larger stores. Best Buy Mobile is also the only cellular phone retailer to feature no mail-in rebates for all of their cellular phones, instead opting to include most rebates instantly in the sale price of their phones.

In 2011, during the three-month period ended February 26, Best Buy saw its revenue and profits slide, but generated a profit of $651 million on revenue of $16.26 billion. In comparison to the same period in 2010, it tallied $16.55 billion in revenue and a $779 million profit.

Best Buy Video Best Behaviour is the first single to be taken from the brand new N-Dubz album LOVE.LIVE.LIFE which is coming out on the 29th November 2010. You can pre-order the CD now on Play, click this link: You can buy the Best Behaviour single on iTunes now:
4.10 min. | 4.76 user rating 80 Improv Everywhere Agents infiltrate a Best Buy, dressed like employees. This is one ofover 100 different missions Improv Everywhere has executed since 2001 in New York City. Others include Frozen Grand Central, the Food Court Musical, and the famous No Pants Subway Ride, to name a few. Visit the website to see tons of photos and video of all of our work, including behind the scenes information on how this video was made. Be the first to find out about the next video we create by subscribing to our YouTube channel Facebook Fan Page: Follow us on Twitter: Buy the new Improv Everywhere book:
1.52 min. | 4.72 user rating
funny prank call to best buy...
7.27 min. | 4.56 user rating
Justin Bieber & Ozzy Osbourne Best Buy Super Bowl Commercial (2011) (HD) Please subscribe!
1.05 min. | 4.83 user rating
First ever live concert DVD from Three Days Grace. Live At The Palace In Stores 8/19 - Only at Best Buy!
0.55 min. | 4.85 user rating Turn on Best Buy Movie Mode featuring the Minionator to translate every hilarious word the Minions are saying during the 3D end credits of Despicable Me, and unlock even more exclusive content after the show. It's the only mobile app that syncs with the movie screen to give you a one-of-a-kind experience.
0.27 min. | 4.76 user rating
Funny Children Get $1000 Best Buy gift card by referring 10 of your friends at Brought to you by: Find Your Hourly Jobs: http Make money with your website:
1.42 min. | 4.94 user rating
Ghost Recon on WiiU at E3: On today's This Week In Youtube #68 Alicia Keys debuts new video, Falcon Heene meme rock's the web, and an insane Super Mario proposal. Join Lon Harris and special guest host Andrea Ball as the blaze through this week's hottest videos. The Balloon Boy Hoax: I'm in a Box: Hitler Upset at Balloon Boy Hoax: Raw Video: First Lady Hip to Hula: How to Shoot an Anvil 200 Feet in the Air: Duck Amuck: Breakdancer Kicks Cat: Super Mario Proposal: Nintendo Wii Caming System with Wii Sports: Kid Stuck in Skate Bowl: Kid Stuck in Skate Bowl: Alicia Keys - Doesn't Mean Anything [Official Video]: Best drunk dude ever attempts to buy more beer: Larry goes to the market: Blame it on alcohol...: Drunkest Guy Ever Goes Back for More Beer - Tragedy Remix: Drunkest Guy Goes Back for More Beer (Benny Hill Remix):
6.97 min. | 4.07 user rating
At get A+ service & a fix guaranteed! Call 877.433.5835 today! The audio is out of sync on this video. View the video response for an in sync version or click here: We at Geek Teks are very proud NOT to be associated with the Geek Squad or any of the other companies mentioned in this video. We are very different. Read on to find out why some or our policies help maintain accountability within our company and keep us a very honest business. You see, unlike the Geeksquad and other well-known computer repair service centers, not only do you not pay UNLESS we fix it, but also, you do not pay UNTIL we fix it. We do not charge your account UNTIL after we have obtained your signature on our invoice indicating your complete %100 satisfaction with both our service and charges as they appear on the invoice. By implementing these policies into the framework of our SOP, we are able to build trust in our business and renew consumer confidence. Also, all of our teks are highly experienced and therefore skilled. Our teks usually have at least three certifications: A+, Net+, and Sec+. Although we don't feel the certifications are really the most important qualification of a good tek, we understand they are important in the eyes of most consumers. Finally, our teks undergo a complete and thorough background check. Our company takes pride in becoming as transparent as possible to the consumer. Why? Because we have absolutely nothing to hide. See, when your an <b>...</b>
4.05 min. | 4.69 user rating
Shot this this morning, started at 4:59 am ... Doors opened 5:00 am - Best Buy lines held at least 1000 people and the people were incredible. Everyone wanted everything. Part 2 coming soon.
1.42 min. | 4.07 user rating

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Best Buy Pre-Sale Of WiFi HTC Flyer To Start April 25th - SlashGear Tweet this news
SlashGear---Best Buy- had scored an exclusive launch of the HTC Flyer WiFi version and now they confirm pre-orders to start on April 25th. The HTC Flyer is a neat little 7-inch tablet that's unique in that it features HTC Scribe technology, which all - Date : Sun, 24 Apr 2011 00:04:11 GMT+00:00
Best Buy's inventory system shows White iPhone 4 coming April 27 - Tweet this news Buy's- inventory system showed that at least the AT&T, 16GB model would be in stock and become available on April 27. 9to5Mac, which originally reported the story, didn't know which other versions would be coming, but - Date : Sat, 23 Apr 2011 23:38:28 GMT+00:00
Weekly News Roundup: Best Buy (NYSE:BBY) - StocksandShares.TV Tweet this news
StocksandShares.TV---Best Buy- (NYSE:BBY) shares ended the week at 30.12 (as of 4/21/2011). -Best Buy- (NYSE:BBY) Europe has decided to sell its Belgian retail arm for €22million. -Best Buy- (NYSE:BBY) Europe, the joint venture between UK company Carpho - Date : Sat, 23 Apr 2011 15:13:30 GMT+00:00
Best Buy Posts Samsung Gem for $29.99 on Contract - Tweet this news you can see the device doesn't really compare to devices that have been recently announced with things like a dual-core NVIDIA Tegra 2 processor. But, the good part is that you will barely break the bank when picking up this devic - Date : Fri, 22 Apr 2011 20:51:31 GMT+00:00
Woman sentenced for identity theft at Willow Grove Best Buy - Tweet this news August, she pleaded guilty to knowingly helping two others set up -Best Buy- credit accounts with stolen identities in November 2008 while she was an employee of the Upper Moreland -Best Buy- store. Mellissa Mello and Sopheavy Sar used - Date : Fri, 22 Apr 2011 15:50:48 GMT+00:00
Netflix's days without competition may be numbered - Los Angeles Times Tweet this news
Los Angeles Times--Retail giants such as Wal-Mart Stores Inc., Inc., and -Best Buy- Co., Internet television provider Hulu, and satellite broadcaster Dish Network Corp. are weighing plans to launch online subscription video services or expand n - Date : Fri, 22 Apr 2011 21:47:00 GMT+00:00
Best Buy Chairman Buys - Wall Street Journal Tweet this news
Wall Street Journal---Best Buy- Co. founder and Chairman Richard M. Schulze recently acquired 585000 shares of the company through options exercises in a transaction valued at about $14.4 million. The bulk of the options were due to expire, but rather tha - Date : Fri, 22 Apr 2011 18:45:53 GMT+00:00
Sprint Nexus S 4G On Sale At Best Buy Already - GizmoCrunch Tweet this news
GizmoCrunch--The Sprint Nexus S 4G with its pure Android Gingerbread OS and deep Google Voice integration, has finally gone on sale at -Best Buy- online. Now before you get too excited, there is one strange catch. We can't seem to the shipping date m - Date : Fri, 22 Apr 2011 16:24:47 GMT+00:00
Best Buy Co., Inc. (BBY) Upgraded by Societe Generale to “Buy” - American Banking News Tweet this news
American Banking News--Equities research analysts at Societe Generale upgraded shares of -Best Buy- Co., Inc. (NYSE: BBY) from a “hold” rating to a “buy” rating in a research note to investors on Thursday. Separately, analysts at Keybanc (NYSE: KE - Date : Fri, 22 Apr 2011 16:31:40 GMT+00:00
Best Buy scam artist's Ferrari sold for $1.28 million - Minneapolis Star Tribune Tweet this news
Minneapolis Star Tribune--The sale of 11 luxury cars once owned by imprisoned -Best Buy- vendor Russell Cole brought in a cool $2.29 million at a US Treasury auction, where a portion of the proceeds could provide some restitution to the Richfield-based re - Date : Thu, 21 Apr 2011 02:52:18 GMT+00:00

Expansion plans :
United States 35,070
Europe 3,205
Canada 5,174
China 1,558
Other Area 8

Richard Petty Motorsports

Sprint Cup driversKasey Kahne (#9) * Elliott Sadler (#19) * A. J. Allmendinger (#43) * Paul Menard (#98)
Primary SponsorsBudweiser (#9) * Stanley Tools (#19) * Best Buy (#43) * Menards (#98)
Crew ChiefsKenny Francis (#9) * Wally Rogers (#19) * Sammy Johns (#43) * Slugger Labbe (#98)
Partnerships and affiliationsBraun Racing * Roush Fenway Racing * Yates Racing
Owners/Related informationRichard Petty * George N. Gillett, Jr. * Ray Evernham * Boston Ventures * Petty Enterprises * Richard Petty's Talladega * Kyle Petty's No Fear Racing

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