Best Buy Co., Inc. (0R18.L) LSE
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- General
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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
| Name | Title | Pay | Year Born |
| Corie Sue Barry | Chief Executive Officer & Director | 3.65M | 1975 |
| Richard Schulze | Founder & Chairman Emeritus | 69,133 | 1941 |
| Jason J. Bonfig | Senior EVP, Chief Customer, Product & Fulfillment Officer | 1.91M | 1977 |
| Todd Gregory Hartman | Executive Vice President, Secretary, Chief Legal & Risk Officer | 1.94M | 1967 |
| Kathleen Scarlett | Senior EVP, Chief Human Resources & Corporate Affairs Officer | 2.22M | 1964 |
| Matthew Bilunas | Senior EVP, Chief Financial & Enterprise Strategy Officer | 2.23M | 1973 |
| Mark A. Irvin | Chief Supply Chain Officer | 0 | 1963 |
| Mollie O'Brien | Vice President of Investor Relations | 0 | N/A |
| Neal Joseph Sample | Executive Vice President, Chief Digital & Technology Officer | 0 | 1975 |
| Jeff Haydock | Chief Communications & Public Affairs Officer | 0 | N/A |
| Luke Motschenbacher | President of Retail | 0 | N/A |
| Mathew Raymond Watson | Senior Vice President, Controller & Chief Accounting Officer | 0 | 1971 |
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.