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Best Buy Co., Inc. is a Fortune 100 company and the biggest specialty retailer of consumer electronics in the United States and Canada, accounting for 17% of the demand. The partnership’s subsidiaries include Geek Squad, Magnolia Audio Video, Pacific Sales, and, in Canada the Best Buy Canada subsidiary operates most stores under the Future Shop trade mark. Together these control more than 1,150 stores in the United States, Puerto Rico, Canada and China. The company’s corporate headquarters are located in Richfield, Minnesota, USA (in the vicinity of Minneapolis). On June 26, 2007, Best Buy announced a 40% expand in its operations, with plans to perform more than 1,800 stores worldwide, including 1,400 Best Buy stores in the U.S.

Best Buy was named “Company of the Year” by Forbes publication in 2004, “Specialty Retailer of the Decade” by Discount Store News in 2001, ranked in the Top 10 of “America’s Most Generous Corporations” by Forbes periodical, and made Fortune Magazine’s List of Most Admired Companies in 2006.