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Best Buy

Overview
Activities
Financials

Best Buy is a multinational retailer of technology and entertainment products and services offering consumer electronics and more. Its family of brands and partnerships includes brands such as Best Buy, Audiovisions, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Pacific Sales, and Cowboom. The company is comprised of over 155,000 employees, and they apply their talents to bring the benefits of its brands to the lives of its customers through retail locations, multiple call centers, and websites, in-home solutions, product delivery, and activities in its community. Best Buy’s product portfolio includes consumer electronic video products such as televisions, digital cameras and accessories, digital camcorders, and DVD players; audio products comprising MP3 players, navigation products, home theater audio systems, and components; mobile electronics home office products comprising notebook and desktop computers, monitors, mobile phones and related subscription service commissions, hard drives, and networking equipment; entertainment software products such as video gaming hardware and software, DVDs, CDs, digital downloads, and computer software; and appliances, such as kitchen appliances, plumbing fixtures, snacks, and beverages. Best Buy provides its users with service contracts; extended warranties; product repair; broadband voice, data, and information technology services; and delivers and installs home theater, mobile audio, and appliances. In addition, the company engages in online retailing through BestBuy.com, BestBuy.ca, BestBuy.com.cn, espanol.BestBuy.com, and BestBuyMobile.com; CarphoneWarehouse.com; Five-Star.cn; FutureShop.ca; GeekSquad.com and GeekSquad.ca; MagnoliaAV.com; Napster.com; PacificSales.com; PhoneHouse.com; and Speakeasy.net. Best Buy was founded in 1966 and is headquartered in Litchfield, M.N. with additional offices in the United States, Canada, Mexico, China, and Europe.

HQ Location:
7601 Penn Ave S Bloomington MN USA
Founded year:
1966
Employees:
10,000+
Subunits:
Best Buy Capital
Telehealth
Telehealth
Age Tech
Age Tech
Hospital-at-Home
Hospital-at-Home
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EDGE Insights

Digital Health (Q4 2023): Funding flow decelerates; focus shifts back to primary care
Tech & retail giants in healthcare (Q4 2023): Overall activity picks up as retailers rebound
Digital Health (Q3 2023): Funding gains momentum, GenAI dictates pace of activity
Tech & retail giants in healthcare (Q3 2023): Big Tech pushing GenAI aggressively
Tech & retail giants in healthcare (Q2 2023): CVS hits pause on M&A; Big Techs enabling generative AI
Q1 2023 tech and retail giants in healthcare: Alphabet dominates; CVS continues purchasing frenzy
Tech and retail giants: Everyone wants a piece of the healthcare pie

Recent Updates

Geographic expansion
Partnerships
Oct 23, 2023
Ōura expands retail partnership with Best Buy into Canada
Digital Wellness
Geographic expansion
Partnerships
Oct 23, 2023
Ōura expands retail partnership with Best Buy into Canada
Longevity Tech
Partnerships
Mar 7, 2023
Best Buy and Atrium Health partner for hospital-at-home health offering
Telehealth
M&A
Oct 12, 2021
Best Buy to acquire remote patient monitoring startup Current Health
Telehealth
M&A
Oct 12, 2021
Best Buy to acquire remote patient monitoring startup Current Health
Age Tech
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