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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.
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 ...
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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.
Best Buy: Hubert Joly: Chairman and CEO [19] 2012 Previously CEO of CWT: 2018-10-01 Bharti Enterprises: Sunil Bharti Mittal: Founder and chairman [20] 1985 Founder of the firm 2018-10-01 Blackstone Group: Stephen A. Schwarzman: Chairman, CEO and co-founder [21] 1985 Co-founded the firm with Peter George Peterson: 2017-11-15 BHP: Mike Henry: CEO ...
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]