About Business
Best Buy is publicly traded American corporation based in Richfield, Minnesota, United States. It was founded in 1966 on August 22 by Richard M. Schulze and James Wheeler. The company currently operates mainly in the United States and Canada. Besides these two countries, it also operates in China, Mexico, and Europe. Best Buy also runs mobile brands in China and North America. The company was formerly known as Sound of Music from 1966 to 1983, Best Buy Co. Superstores from 1983 to 1984, and Best Buy Superstores from 1984 to 1989. The company launched Redline Entertainment in 2000, as a music and action sports video provider.