1966 - Richard Schulze and business partner open the
Sound of Music store in St. Paul, Minnesota.
1983 – New Name: Best Buy Co., Inc. (Appliances and
1986 – CDs and Expanded Line of Photo- Equip.
1988 – Begin Selling PCs
1989 – New Logo, “Yellow Tag”
1990 - Richard Schulze is named Retailer of the Year for the
third consecutive year by Consumer Electronics and Audio-
Video International magazines.
1994 - The Best Buy Children’s Foundation
1997 - Best Buy becomes the first national retailer to sell
DVD hardware and software.
1998 – Sells its 1-millionth DVD and Offer HDTV
2000 - Best Buy acquires Magnolia Hi-Fi (renamed
Magnolia Audio Video in 2003), a retailer of high-end
2001 - The acquisition of Canada-based Future Shop Ltd.
marks Best Buy’s entrance to the international marketplace.
2002 -- Best Buy opens first Canadian Best Buy store in
An Innovative and Growing
Named a Fortune Blue Ribbon Company
Global Most Admired
Forbes Most Charitable
No. 1 in Stores Top 100 Specialty Retailers
Best Buy stores reach an estimated 300 million
consumers per year in 48 states and online
To give our customers great experiences – whether
they are shopping for consumer electronics,
home office products, entertainment software
and appliances, or using those products and
related services in their homes and offices.
Small business owners
Customers seeking top-of-line products and
Customers with demanding schedules
733 US Stores
In Oregon, 6 Stores
The Closest: Springfield, Salem and Beaverton.
3 Separate Specialty Stores
Future Shop – Canada (119)
Magnolia – Video and Audio (20)
Geek Squad – Stand Alone (13)US (4) Canada
# of Stores
Circuit City, Fry’s Electronic, Radio Shack,
CompUSA, Video Only (Beaverton)
Wal-Mart, Fred Meyer, Sears, Target and Big
As you walk in, you are guided to the right.
Cell Phones, Mp3 Players, Computers, Computer
accessories, Laptops, Printers, Software, Video
Games, Plasma TVs, DVD Players and TIVO.
Left side of Store
DVDs, CDs, Home and appliances
Refrigerators, Washer and Dryer, Microwaves.
Helping out the Community
Scholarships – To Graduating H.S. Seniors.
Te@ch – Awards schools with products and services.
Red Cross Donations – Provide Support in times of
United Way Donations
Each year, Best Buy donates 1.5 percent of pretax
earnings to its giving programs.
In fiscal 2005, Best Buy and the Best Buy Children’s
Foundation donated $19 million.
What’s the Next Step
8 US Stores opened Feb. 24, 2006
Eliminate Mail-in Rebates
In January, Best Buy kicked off a Two-Year Plan,
Allowing Customers to receive Instant Saving.
Improves Overall Shopping Experience.
The “Geek Squad”
Technicians that are experienced
with every electronic product.
2 year Product Replacement Plan
Business Solution Center
Rebates and Warranties
Mail-in, New Online Rebates
and Instant rebates.
My Best Buy Experience
New Electronic Toy or Stuff on sale.
Others Best Buy Experience
Returns and Service Plans
Rebates and Repairs