Best Buy Logo – Best Buy Co., Inc. (NYSE : BBY) is a company that is part of Fortune 500 specialized electronic products for sale within the United States , Canada , Mexico , China and Peru (Mini shop) having 21% market share. The company’s subsidiaries include Geek Squad, Magnolia Audio Video, Pacific Sales, and Canada Best Buy Canada subsidiary operates most of the branches under the name Future Shop.
In total, operates about 1,150 stores in the United States, Puerto Rico, Canada, China, Mexico and Turkey. The company headquarters are located in Richfield, Minnesota, USA. In the June 26th of 2007, Best Buy announced a 40% increase in its operations, with plans to operate more than 1,800 branches throughout the world including 1,400 Best Buy U.S.
Best Buy was named by the magazine Forbes in 2004 as the “Company of the Year”. Best Buy owns some brands that offer the same company. Currently posse five private firms including Insignia, Dynex, Init, Geek Squad, and Rocketfish. Insignia does focus on electronic equipment, including TVs, monitors, home, stereos, home theater systems, portable players and audio and video.