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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.
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Gleneagle is an unincorporated community and a census-designated place (CDP) located in and governed by El Paso County, Colorado, United States. The CDP is a part of the Colorado Springs, CO Metropolitan Statistical Area. The population of the Gleneagle CDP was 6,649 at the United States Census 2020. [3]
Colorado Springs is a city in and the county seat of El Paso County, Colorado, United States. [6] It is the most populous city in El Paso County, with a population of 478,961 at the 2020 census, a 15.02% increase since 2010.
Hastings Entertainment was an American retail chain that sold books, movies, music, and video games and functioned as a video rental shop.As of 2016 it had 126 superstores, which were mainly located in the South Central United States, Rocky Mountain States, and in parts of the Great Plains and Midwestern states.
In 2001, Best Buy purchased their then parent-company, Musicland, for $685 million. [1] In January 2003, Best Buy closed 20 Suncoast stores as part of a larger closing that included 90 Sam Goody stores. [2] Later that year in June 2003, Sun Capital Partners assumed Musicland's liabilities from Best Buy. [3]
[6] [7] In 1984, the company began renting movies, or "video software" in 77 of its 126 stores, with a roll out into further stores expected. [8] Later that year, a copy of Money Hunt: The Mystery of the Missing Link was sold by a Wherehouse Entertainment at Sunset & Western in Los Angeles to Newt Deiter, who would go on to win the $100,000 ...
In the months that followed, the locations were renovated to adopt Best Buy's branding and store format. [23] [24] Best Buy stated that these closures and re-brandings were intended to reduce redundancy, as the closed stores were located within close proximity of a Best Buy. The closures affected 1,000 part-time and 500 full-time jobs.