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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.
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 ...
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 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 within the city just north of I-494.
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The old company headquarters still exist as the Soo Line Building. The current headquarters is Canadian Pacific Plaza. Northwestern Consolidated Milling Company produced Ceresota flour in Minneapolis from 1891 to 1953. Its Elevator A, and A and F mills are still standing and two of these structures are in use as office buildings.
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