Best Buy Co., Inc.

https://www.bestbuy.com

Best Buy Co., Inc. is an American multinational retailer specializing in consumer electronics, headquartered in Richfield, Minnesota. The company's core purpose is to enrich lives through technology, leveraging its expertise and human-centered approach to meet customer needs across online, in-store, and in-home channels.

Best Buy offers a wide array of products, including televisions, computers, mobile phones, audio devices, cameras, and major home appliances such as refrigerators and washing machines. Beyond product sales, the company provides comprehensive services through its Geek Squad, offering tech repair, installation, warranty, and accidental service plans. Best Buy targets a broad market, from tech enthusiasts to mainstream consumers, and also caters to specific segments like small businesses and affluent professionals.

In recent leadership news, Jason Bonfig is set to succeed Corie Barry as Chief Executive Officer on November 1, 2026, with Barry transitioning after seven years at the helm. David Kenny serves as the chairman of the board. The company also announced the departure of CFO Matt Bilunas on July 31, 2026. Best Buy continues to innovate its market positioning, including opening Meta Lab demo spaces in over 50 stores, and was recognized for the tenth consecutive year on the World's Most Ethical Companies® list in March 2026.

Latest updates

CID: 5982