Black Friday 2019
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Best Buy - The history
Best Buy is an American consumer electronics retailer with its headquarters based in Richfield, Minnesota. The company was founded by Richard Schulze in 1966. Initially, it was referred to as Sound of Music but it later changed to Best Buy in 1983. Best Buy strives to enrich the lives of its consumers through technology. This is irrespective of whether the consumers contacted Best Buy through online platforms, at the physical premises or even through invited personnel at homes. This company addresses human needs by solving technical problems that are encountered daily. This range from productivity, communication, entertainment, food, security, all the way to the health needs.
This business has got over 1000 stores across the United States, Mexico, and Canada and it has ensured that throughout its operation it maintains high environmental and sustainability efforts. In this, the company has focused on responsible sourcing, carbon reduction, sustainable products as well as recycling of waste. On the impact to the community, Best Buy has engaged in several activities such as creating Teen Tech Centers that enlighten the youth on technology. Additionally, there are community grants that are offered to educational institutions by this company.