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Best Buy | Company Profile

10/1/2025

Contact Information

👤
Best Buy
🏢
Best Buy
📍
7601 Penn Ave South, Richfield, Minnesota 55423-3645, US

Industry & Market

Primary Industry
retail
All Industries
retailinformation technology & servicesinternetconsumer services
Location
Richfield, Minnesota, United States
Public Trading
NASDAQ: BBY

Company Metrics

👥Total Employees
22,105
⚙️Engineering
1,776
💼Sales Team
10,501
📈Marketing
320
📅Founded
1966
💰Revenue
41.4B
Alexa Ranking#447

Funding Information

Market Cap
$16.0B
Annual Revenue
$41,448,000,000
Publicly traded company

Headcount Distribution

Total Employees
22,105
Departments
19

By Department

Department Breakdown

Sales
Support
Consulting
Engineering
Operations
Information Technology
Others

Technology Stack

Email & Communication

Outlook
Total: 15 technologies

Keywords & Focus Areas

technologyretailaccountingecommercee-commercecurated webshoppingconsumer internetinternetinformation technologyconsumer electronics/video chainsconsumer discretionaryhealth technologyhealth techrefurbished tech gadgetsdigital innovationappliance deliveryrefurbished tech salesretail servicesrefurbished electronics store+10 more
30 total keywords

Best Buy

Overview

Best Buy Co., Inc. is a prominent multinational retailer based in Richfield, Minnesota, specializing in consumer electronics, home office products, appliances, and entertainment items. Founded in 1966, the company initially started as "Sound of Music" before rebranding to Best Buy in 1983, shifting to a superstore model that emphasizes low prices and a diverse product range.

The company operates through two main segments: Domestic, which covers U.S. operations, and International, with a presence in Canada, Europe, China, Mexico, and Turkey. It offers a wide array of products, including computers, smartphones, televisions, and home appliances, as well as tech support and installation services through the Geek Squad brand. Best Buy targets a diverse customer base and employs an omnichannel approach to meet the needs of shoppers both in-store and online.

Basic Information

Industry retail
Founded 1966
Revenue 41.4B
Headquarters 7601 Penn Avenue South, Richfield, Minnesota, 55423, United States
Languages English
Alexa Ranking 447

Contact Details

Key Focus Areas & Initiatives

  • technology
  • retail
  • accounting
  • ecommerce
  • e-commerce
  • curated web
  • shopping
  • consumer internet
  • internet
  • information technology
  • consumer electronics/video chains
  • consumer discretionary
  • health technology
  • health tech
  • refurbished tech gadgets
  • digital innovation
  • appliance delivery
  • refurbished tech sales
  • retail services
  • refurbished electronics store
  • refurbished tech discounts
  • store network
  • smart home
  • refurbished tech marketplace
  • appliance sales
  • open-box deals
  • refurbished cameras
  • refurbished apple products
  • customer experience
  • geek squad
  • home theater
  • gaming accessories
  • strategic evolution
  • market presence
  • mobile device accessories
  • installation services
  • open-box major appliances
  • refurbished home appliances
  • strategic initiatives
  • product assortment
  • technology solutions
  • refurbished gaming consoles
  • mobile accessories
  • refurbished electronics offers
  • open-box items
  • services
  • refurbished products
  • sales and support
  • refurbished electronics
  • market growth
  • refurbished electronics online
  • home entertainment
  • customer loyalty
  • refurbished laptops
  • refurbished tablets
  • gaming products
  • refurbished tech accessories
  • technical support
  • e-commerce platform
  • refurbished electronics deals
  • product categories
  • digital strategy
  • refurbished smartwatches
  • market leader
  • refurbished phones
  • product protection
  • market share
  • retail innovation
  • consumer electronics
  • sales channels
  • warranty plans
  • smart home devices
  • retail transformation
  • refurbished drones
  • membership program
  • refurbished noise-cancelling headphones
  • omnichannel retail
  • refurbished product warranties
  • delivery services
  • membership benefits
  • product repair
  • online shopping
  • digital transformation
  • customer support
  • b2c
  • customer service
  • appliances
  • electronics
  • telecommunications
  • financial services
  • consumers
  • information technology & services
  • internet of things
  • marketing
  • marketing & advertising
  • hardware
  • computer hardware
  • computers
  • home & garden
  • it services & computer repair
  • local services
  • mobile phones

Technologies Used

  • AWS SDK for JavaScript
  • Akamai
  • Akamai DNS
  • Backbone JS Library
  • Drupal
  • Ensighten
  • Kaltura
  • Mapbox
  • Microsoft Application Insights
  • Microsoft Office 365
  • MongoDB
  • Outlook
  • React Redux
  • UPS
  • UserZoom

Affiliated Organizations & Regional Branches

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