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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.
By Liz Moyer. For premium support please call: 800-290-4726 more ways to reach us
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.
Roger Kline, 51, lost his job last week after he tried to stop a thief from stealing about $1,600 in merchandise at the electronics retailer's store in Billings, Mont. Show comments Advertisement
Dunn started working when he was 14 at a grocery store and did not attend college. He began at Best Buy when he was 24 as a salesman in 1985, when Best Buy had only a few stores. [1] Dunn's mother, Ethel, was an accountant at Best Buy. [2] In 1989, Dunn became a store manager and in 1990 a district manager in Minnesota.
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