: Founded in 1966 by Richard Schulze as a small audio specialty shop in St. Paul, Minnesota.
: In 1981, a tornado destroyed their flagship store.
: Best Buy disrupted the industry by removing commissioned sales staff, creating a "grab-and-go" warehouse environment that built customer trust.
: In 1983, the company renamed itself Best Buy and launched its first electronics "superstore".
: Facing "showrooming" competition from Amazon in 2012, CEO Hubert Joly launched a turnaround that focused on price-matching and in-store "shops-within-a-shop" for brands like Apple and Samsung.
: Founded in 1966 by Richard Schulze as a small audio specialty shop in St. Paul, Minnesota.
: In 1981, a tornado destroyed their flagship store. best buy historical prices
: Best Buy disrupted the industry by removing commissioned sales staff, creating a "grab-and-go" warehouse environment that built customer trust. : Founded in 1966 by Richard Schulze as
: In 1983, the company renamed itself Best Buy and launched its first electronics "superstore". Minnesota. : In 1981
: Facing "showrooming" competition from Amazon in 2012, CEO Hubert Joly launched a turnaround that focused on price-matching and in-store "shops-within-a-shop" for brands like Apple and Samsung.