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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.
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 ...
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.
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 ...
The Musicland Group was purchased by Best Buy in 2001. Control Data Corporation was a supercomputer firm which broke up into Control Data Systems and Control Data Corporation (CDC). CDC currently operates as Ceridian. Jasc Software was a software company in Eden Prairie which was founded by the creator of Paint Shop Pro.
Best Buy (75) Coca-Cola (88) Honeywell International (92) Fortune 500. ... Other significant corporate headquarters and franchisors. Amkor Technology (Tempe)
The company's corporate headquarters are located in Richfield, Minnesota, United States (near Minneapolis). On June 26, 2007, Best Buy announced a 40% increase in its operations, with plans to operate more than 1,800 stores worldwide, including 1,400 Best Buy stores in the United States.
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