Best Buy Co., Inc. (0R18.L) LSE

Currency In USD

AD

Best Buy Co., Inc.

Address

7601 Penn Avenue South

Richfield, MN 55423

United States of America (the)

Phone

612 291 1000

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

85000

First IPO Date

November 06, 2014

Key Executives

NameTitlePayYear Born
Corie Sue BarryChief Executive Officer & Director3.65M1975
Richard SchulzeFounder & Chairman Emeritus69,1331941
Jason J. BonfigSenior EVP, Chief Customer, Product & Fulfillment Officer1.91M1977
Todd Gregory HartmanExecutive Vice President, Secretary, Chief Legal & Risk Officer1.94M1967
Kathleen ScarlettSenior EVP, Chief Human Resources & Corporate Affairs Officer2.22M1964
Matthew BilunasSenior EVP, Chief Financial & Enterprise Strategy Officer2.23M1973
Mark A. IrvinChief Supply Chain Officer01963
Mollie O'BrienVice President of Investor Relations0N/A
Neal Joseph SampleExecutive Vice President, Chief Digital & Technology Officer01975
Jeff HaydockChief Communications & Public Affairs Officer0N/A
Luke MotschenbacherPresident of Retail0N/A
Mathew Raymond WatsonSenior Vice President, Controller & Chief Accounting Officer01971
AD

Description

Best Buy Co., Inc. functions as a leading retailer of consumer technology across the United States and Canada, with its operations structured into distinct Domestic and International segments. Its extensive product catalog encompasses personal computing devices, such as desktops, notebooks, and peripherals; mobile phones, including commissions from associated network carriers; networking solutions; and tablets, which feature e-readers, alongside smartwatches. The company also provides a wide array of consumer electronics, ranging from digital imaging equipment, health and fitness devices, and home theater systems, to portable audio (like headphones and speakers) and smart home technologies. Beyond electronics, its inventory extends to various home appliances, including dishwashers, laundry units, ovens, refrigerators, blenders, coffee makers, and vacuum cleaners. The entertainment category offers drones, gaming hardware and software, virtual reality products, movies, music, toys, and related peripherals. Furthermore, Best Buy stocks diverse general merchandise such as baby products, food and beverages, luggage, outdoor living items, and sporting goods. In addition to sales, Best Buy provides a comprehensive suite of customer services. These include consultation, delivery, design, health-related assistance, installation, membership programs, repair, setup, technical support, and warranty coverage. These products and services are available through its retail outlets and digital platforms, marketed under numerous brands such as Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen & Home, and Yardbird. Key online destinations include bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, the company operated 1,144 stores. Established in 1966, the firm was initially known as Sound of Music, Inc. Its corporate headquarters are situated in Richfield, Minnesota.

AD