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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.
Parent. Best Buy Canada. (2001–2015) Website. www .bestbuy .ca. Future Shop was a Canadian electronics store chain. It was established in 1982 by Hassan Khosrowshahi. [1] By 1990, the chain had become the country's largest retailer of computer and consumer electronics. In January 2013, the company operated 139 locations across Canada.
Richard M. Schulze. Richard Michael Schulze (born March 25, 1941) [ 1] is an American billionaire businessman. He is the founder of Best Buy and was chairman and CEO. On the Forbes 2016 list of the world's billionaires, he was ranked number 722 with a net worth of US$ 2.4 billion.
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Best Buy Co., Inc. is a Fortune 100 company, and the largest speciality retailer of consumer electronics in the United States and Canada, accounting for 21% of the market. [6] The company's subsidiaries include Geek Squad, Magnolia Audio Video, and Pacific Sales; in Canada the Best Buy Canada subsidiary also operated under the Future Shop label ...
In its most mature markets, the U.S. and Canada, Netflix historically has been able to successfully flex its pricing power. Netflix's size means it makes plenty of revenue, to the tune of $36 ...
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