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 as Best Buy in 1983 with a focus on consumer electronics. Best Buy operates in the United States and Canada. The company offers a wide range of products including electronics, appliances, mobile phones, computers, entertainment products, and services like Geek Squad support and Best Buy Health solutions. Best Buy aims to enrich lives through technology by providing expert service, a unique shopping experience, and competitive prices, increasingly focusing on services and customer relationships.
Serves as the central hub for strategic planning, corporate management, marketing, finance, human resources, IT, supply chain management, legal operations, and development of initiatives like Best Buy Health for Best Buy's North American business.
The campus-style headquarters features multiple interconnected buildings, modern office spaces, an employee fitness center, full-service cafeteria, coffee shops, outdoor green spaces, and a dedicated Child Development Center. It was designed to foster collaboration and innovation.
Best Buy's headquarters fosters a collaborative, inclusive, and innovative work environment. It emphasizes a customer-centric approach, adapting to the fast-paced retail and technology sectors. Employee well-being, professional development, and diversity are key cultural pillars.
The Richfield headquarters is crucial for centralizing Best Buy's decision-making processes, developing company-wide strategies, managing its extensive retail and online operations across North America, and housing its leadership team.
Best Buy primarily operates in the United States and Canada. While it historically had operations in Mexico, China, and Europe, the company has since streamlined its international footprint to concentrate on its core North American markets. Globally supported functions include sourcing products from international manufacturers, managing a complex supply chain, operating e-commerce platforms accessible internationally (though primarily serving US/Canada), and providing customer support services, some of which may be globally distributed.
7601 Penn Ave S
Richfield
Minnesota
USA
Address: 8800 Glenlyon Pkwy, Burnaby, BC V5J 5K3, Canada
Manages all aspects of Best Buy's presence in Canada, tailoring strategies, product assortments, and services to the Canadian consumer base, competitive landscape, and regulatory environment.
Address: One Boston Place, 201 Washington St, Boston, MA 02108
Drives innovation and growth for Best Buy Health initiatives, including remote patient monitoring, personal emergency response services (PERS), and other health technology solutions, by tapping into the region's talent and research institutions.
Address: Key technology development center in the Seattle area.
Leverages Seattle's strong tech talent pool to drive digital innovation, improve online and omnichannel retail capabilities, and develop new technology-driven services for Best Buy.
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As of April 2025, Best Buy' leadership includes:
Best Buy has been backed by several prominent investors over the years, including:
Best Buy has experienced several key leadership transitions and appointments in the past 12-18 months, notably in marketing, supply chain, and technology roles, to bolster its strategic priorities including enhancing customer experience and growing Best Buy Health.
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Best Buy primarily uses the `first.last@bestbuy.com` email format for its corporate employees. This is a common and generally reliable pattern for reaching individuals within the company. Other formats may exist but are less common.
first.last@bestbuy.com
Format
jane.doe@bestbuy.com
Example
85%
Success rate
Best Buy Corporate News • May 30, 2024
Best Buy announced its financial results for the first quarter of fiscal year 2025, reporting GAAP diluted earnings per share of $1.13. The company noted comparable sales declines were in line with expectations and highlighted improvements in consumer electronics trends, reiterating its annual financial outlook....more
Best Buy Corporate News • April 16, 2024
Best Buy published its annual ESG report, 'Doing a World of Good,' detailing progress on sustainability goals, community impact, and efforts to create a more inclusive workforce. Achievements include reducing carbon emissions, increasing the use of renewable energy, and expanding its Teen Tech Center network....more
Best Buy Corporate News • March 12, 2024
Best Buy Health announced a strategic partnership with Hero Health. This collaboration aims to integrate Hero's smart medication dispenser with Best Buy Health's remote patient monitoring platform, Lively, to simplify medication management for individuals at home and support independent living....more
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