Research on Best Buy Co.

Best Buy by Research of Best Buy Co., Ltd. Roots can trace back to St. Paul, Minnesota. This is the door to the establishment of Richard Sounds, the founder of Richard Schulze in 1966. Knowing the demand for the consumer audio components and systems in the St. Paul region, Schulze succeeded in providing competitive prices and high quality services, and quickly led to the expansion of home appliances and video products We created a customer base. In the 1980s, it contributed to the reform of Best Buy's first large supermarket.

Best Buy Co., Incorporated is a $ 45 billion company (Best Buy Co., '2011) specializing in home appliances, personal computers, and entertainment software and employing more than 180,000 household appliances. Best Buy retailers coordinate their business strategies and integrate them into a constantly changing technology market, consumer purchasing habits, external environment and internal environment roller coasters, by avoiding inevitable competitors in the past , I have dominated the home electronics retail market for 15 years so that the supermarket has surpassed Brad Anderson's initial expectations as a result of that factor. As a major consumer electronics chain in the United States where competitor Circuit City was abolished, Best Buy's Yellow Label grew globally and became a unique brand among more than 4,000 stores in the US, Canada, Europe, China, and Mexico It was. ,2011)

Best Buy Co., Ltd. Fortune 100 company is the largest consumer electronics retailer in the United States and Canada, accounting for 21% of the market. The subsidiaries of the company include Geek Squad, Magnolia Audio Video, Pacific Sales etc. In Canada, Best Buy 's subsidiary in Canada is also operated by the Future Shop brand until 2015. These companies operate more than 1,150 stores in the US, Puerto Rico, Canada, China, Mexico and Turkey. Our head office is located in Litchfield, Minnesota (near Minneapolis). On June 26, 2007, Best Buy announced a 40% increase in business and plans to have more than 1,800 stores worldwide, including 1,400 Best Buy stores in the U.S.