Best Buy
- Formerly: Sound of Music (1966–1983), Best Buy Co. Superstores (1983–1984), Best Buy, Superstores (1984–1989)
- Company type: Public
- Industry: Retail
- Founded: August 22, 1966
- Founders: Richard M. Schulze, James Wheeler
- Headquarters: Richfield, Minnesota, U.S.
- Areas served: United States, Canada
- Key people: Patrick Doyle (Chairman), Corie Barry (CEO)
- Products: Consumer electronics, appliances
- Services: Tech repair
- Divisions: Best Buy Canada
- Subsidiaries: Best Buy Mobile, Geek Squad, Lively, Magnolia Home Theater, Pacific Sales
- Website: bestbuy.com
Best Buy Co., Inc. is a renowned American multinational corporation that operates as a retailer of consumer electronics and other related merchandise. Founded in 1966 by Richard M. Schulze and James Wheeler, the company was initially known as Sound of Music and specialized in high-fidelity stereos. It underwent a rebranding in 1983 to focus more broadly on consumer electronics.
With its headquarters in Richfield, Minnesota, Best Buy has become a staple in the electronics retail industry, boasting a significant presence in the United States and Canada. As of 2024, the company operates approximately 1,125 locations and employs around 85,000 people. Under the leadership of CEO Corie Barry, Best Buy has reported revenues of US$ 43.45 billion, showcasing its substantial impact on the market.
Best Buy's business model includes a variety of house brands and subsidiaries such as Geek Squad, Magnolia Home Theater, and Pacific Sales. The company has also adapted to the evolving retail landscape by offering tech repair services and engaging with customers through its Best Buy Mobile and Insignia brands in North America. Despite facing challenges like the COVID-19 pandemic, Best Buy continues to strive towards enriching lives through technology, as reflected in their corporate mission.
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