This company is engaged as a specialty retailer of consumer electronics, home-office products, entertainment software, appliances and related services. It operates retail stores and websites under the brand names of Best Buy (bestbuy.com, bestbuycanada,ca and bestbuy.com.cn), Five Star (five-star.cn), Future Shop (futureshop.ca), Geek Squad (geeksquad.com and geeksquad.ca), Magnolia Audio Video (magnoliaav.com), Pacific Sales Kitchen and Bath Centers (pacificsales.com). The company was established in 1966 by Richard M. Schulze and a partner as Sound of Music Inc, a home and car stereo store. The company's registered business address is located in Richfield, Minnesota, United States of America.The company is North America's leading specialty retailer of consumer electronics, personal computers, entertainment software and appliances. It operates in two business segments. The domestic segment consists of all Best Buy's United States store and online operations including Best Buy, Geek Squad, Magnolia Audio Video and Pacific Sales. The international segment consists of all Canada store and online operations which include Best Buy, Future Shop and Geek Squad, as well as China store and online operations which include Best Buy, Geek Squad, and Jiangsu Five Star Appliance Co.The company is also active in Mauritius and United Kingdom through the operations of its subsidiaries.
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