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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.
Geek Squad, Inc. is a subsidiary of American and Canadian multinational consumer electronics corporation Best Buy, headquartered in Richfield, Minnesota.The subsidiary was originally an independent company founded by "Chief Inspector" Robert Stephens on June 16, 1994, and offers various computer-related services and accessories for residential and commercial clients.
In turn, GreatCall was acquired by electronics retailer Best Buy on August 15, 2018, for $800 million. [1] GreatCall's CEO became Best Buy Health's president of active aging. [11] In May 2021, the company renamed itself Lively, taking the name of the company it had acquired in 2015. [12] Lively became available on Apple Watch in 2021. [13]
Best Buy is to eliminate 400 jobs at its headquarters as part of the company's current "Renew Blue" restructuring initiative, an effort that aims to reduce costs by $725 million. This current ...
5 Other significant corporate headquarters and franchisors. 6 Other corporations with significant ... Best Buy (75) Coca-Cola (88) Honeywell International (92 ...
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Richfield is home to the corporate campus of Best Buy Best Buy Company, Inc. moved its corporate headquarters to Richfield in 2003, becoming its largest employer. [ 21 ] Public subsidies of almost $60 million were spent to attract the corporate campus including spending $48 million to purchase and demolish over 100 homes and 3 car dealerships ...