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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 under its current name with an emphasis on consumer electronics in 1983.
Pacific Sales was founded in 1960 by Jerry Turpanjian. [2] [5] When Pacific sales was purchased by Best Buy in 2006, the decision was made to keep the brand and company intact, unlike other companies such as Magnolia, which was absorbed into the Best Buy brand.
The sale was a hit, and he renamed the chain Best Buy and shifted the model to a superstore format with 18,000-sq-ft stores, everyday low prices, and a heavy advertising budget. [ citation needed ] The format was very popular and thanks to increased demand for consumer electronics (especially with the advent of VCRs ), the chain grew to 40 ...
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Here's what Best Buy posted for the third quarter, compared to Bloomberg consensus data estimates: Adjusted earnings per share: $1.26 versus $1.29. Net sales: $9.45 billion versus $9.63 billion.
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The Wholesale District is one of seven designated cultural districts in Indianapolis, Indiana, United States.Located in the south-central quadrant of downtown Indianapolis' Mile Square, [2] the district contains the greatest concentration of 19th-century commercial buildings in the city, including Indianapolis Union Station and the Majestic Building.
Location of Marion County in Indiana. This is a list of the National Register of Historic Places listings in Marion County, Indiana. This is intended to be a complete list of the properties and districts on the National Register of Historic Places in Marion County, Indiana, United States. Latitude and longitude coordinates are provided for many ...