Best Buy is an American company that specializes in the sale of electronic appliances and similar products. They do this by carrying multiple electronic brands in the various countries where their branches are located. This has allowed them to tap into the electronics market and provide all their customers with variety to choose from. It also allows them to sell some products almost exclusively by having the largest percentage of the market. Examples of their subsidiaries include Pacific Sale, Geek Squad, Best Buy Mobile, and Magnolia Home Theatre.
Most of the brands they carry are mobile phone sellers and tend to be some of the biggest brands in their respective countries. In the United States, Best Buy sells mobile phones from Verizon, AT&T, and many more. In Canada, they work primarily with Bell and Rogers. Best Buy was also able to open their branches in China by buying Five Star, a major electronics brand in the country at that time.
Important Update on COVID-19
Due to coronavirus, Best Buy operating hours can vary greatly, or perhaps the place could be temporarily closed as a result of quarantine limits. Explore the terms of shipping alternatives on the official website of the Best Buy.
Best Buy altered their shopping hours to allow the employees additional time to desinfect as well as replenish products on shelves. On top of that, a lot of Best Buy places have right now established distinct shopping hrs for people in the at-danger local community.
What time does Best Buy open?
| Monday | 10:00AM – 09:00 PM |
| Tuesday | 10:00AM – 09:00 PM |
| Wednesday | 10:00AM – 09:00 PM |
| Thursday | 10:00AM – 09:00 PM |
| Friday | 10:00 AM – 10:00PM |
| Saturday | 10:00 AM – 10:00PM |
| Sunday | 11:00 AM – 08:00 PM |
Is Best Buy open today? Is Best Buy open tomorrow?
Is Best Buy open on Sunday? Yes, it’s open.
Best Buy closing time
What time does Best Buy close? Usually, it closes at 09:00 PM.
History
Best Buy company was started in 1966. At the time, it was known as Sound of Music. The store only dealt with Audio specialty devices, and they had not expanded to other devices yet. It was established by R. M. Schulke, who obtained the funds from his personal savings. He also mortgaged his home to obtained more cash, which was used to expand the store and move to other branches. He was partners with James Wheeler, the co-founder. Schulke later bought his partner out and proceeded to grow the business by himself. The brand grew by selling high fidelity stereos, among other similar sound devices. Finally, in 1983, Sound of Music rebranded to Best Buy and began retailing more devices. In 1987, the company shifted from being privately owned, to a publicly traded company on the stock exchange market. This led to expansive growth in its revenue.
Since then, Best Buy has grown in leaps by introducing innovative retail strategies such as Concept Stores, and the like. They continue to occupy the largest market share in the US for retail electronics and accessories.
Best Buy Holiday Hours – Open
| Date | Holiday |
|---|---|
| January 21 | Martin Luther King Jr. Day |
| February 14 | Valentine’s Day |
| February 18 | President’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| May 27 | Memorial Day |
| July 04 | Independence Day |
| June 16 | Father’s Day |
| May 12 | Mother’s Day |
| September 02 | Labor Day |
| October 14 | Columbus Day |
| October 31 | Halloween |
| November 28 | Thanksgiving Day |
| November 11 | Veterans Day |
| November 29 | Black Friday |
| December 24 | Christmas Eve |
| December 26 | Day after Christmas |
| January 01 | New Year’s Day |
| December 31 | New Year’s Eve |
Best Buy Holiday Hours – Closed
| Date | Holiday |
|---|---|
| December 25 | Christmas Day |
| April 21 | Easter Sunday |
Best Buy near me
Best Buy store locator
Business direction
The company has its headquarters in Richfield, Minnesota. They have over 1000 branches all over the United States. Beyond the country’s borders, they have stores in Canada, Mexico, and Puerto Rico. They have also conducted business in Europe and China in the past.
Key Facts about the Company
Best Buy company has gained a lot of recognition in the past for their growth as well as management systems, plus other projects like corporate social responsibility. In 2004, they were named as the company of the year by Forbes. This was as a result of their high revenue as well as the rate at which they were expanding into new territory and acquiring subsidiaries. Best Buy is also making very generous contributions to their CSR budget. They were recognized as being the Most Giving company in the United States as well.
In the same decade, Best Buy was also named as the Most Sustainable company in the country. This can be attributed by their commitment to focusing on sustainable growth of their brand, as well as involvement in projects that are aimed at improving the society. Finally, they made it to the Fortune 500 list as well, despite recent decreases in their revenue.
